| Research Activities |
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| Ex-post evaluation of SURE programme |
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Category:
Macroeconomic Analysis
SubCategory:
-
Date: 06/03/2025 |
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| The ex-post evaluation of the European programme SURE (Support to mitigate Unemployment Risks in an Emergency) was carried out on behalf of the European Commission by an independent team of external experts, including the Foundation for Economic and Industrial Research (IOBE), under the coordination of the consultancy firm ICF.
The SURE programme served as a temporary European financial support instrument during the pandemic crisis to mitigate the risks of unemployment in an emergency situation. It consisted of loans to Member States, totalling up to €100 billion, on favorable terms, to finance national public expenditure measures geared towards employment protection. The report highlights a number of positive effects of the programme, as well as lessons learned for future crisis responses.
In the case of Greece, the SURE instrument financed exceptional policy measures during the pandemic, such as suspensions of employment contracts (job retention schemes), special purpose compensation for scientists-freelancers, the employment support mechanism "SYN-ERGASIA", as well as partial coverage of employers' insurance contributions for enterprises in the tertiary sector. Greece applied for and received a SURE loan of €6.2 billion cumulatively during 2020-2022, covering 98.2% of the expenditure for these support measures.
The Press release by the European Commission regarding the evaluation report is available here.The full Report is available below. Also, the case study of the implementation of SURE in individual Member States, such as in Greece, is available as a presentation below.
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Download PDF file (Adobe Acrobat). |
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Download PDF file (Adobe Acrobat). |
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