Home Economy News EU considering SURE-type unemployment instrument for post-crisis phase – paper

EU considering SURE-type unemployment instrument for post-crisis phase – paper

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imageEconomy57 minutes ago (Jun 17, 2021 01:56AM ET)

(C) Reuters. FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium May 5, 2021. REUTERS/Yves Herman/File Photo

MILAN (Reuters) – The European Union sees no immediate need to prolong its SURE unemployment scheme beyond the COVID-19 crisis but is looking into similar instruments to help the jobs market in the post-emergency phase, its jobs commissioner told an Italian daily.

Asked whether the programme could be extended, Nicolas Schmit told Corriere della Sera in an interview published on Thursday that SURE was a “crisis instrument”.

“Now we are in a recovery process and I see no immediate need to prolong this crisis instrument,” he told the paper. “With (Economics) Commissioner Paolo Gentiloni we are studying the possibility of an instrument similar to SURE.”

EU considering SURE-type unemployment instrument for post-crisis phase – paper

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