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Coronavirus: EU presents tool against unemployment - FOLLOW LIVE FROM 12

2020-04-02T10:15:38.940Z


(HANDLE)


BRUSSELS - The President of the European Commission, Ursula von der Leyen, today presents SURE, an instrument against unemployment guaranteed by all the Member States, to help safeguard employment in countries such as Italy and Spain, among the hardest hit by the coronavirus.

Because of the coronavirus, "our daily lives have changed dramatically. Millions of people are unable to go to work, but have yet to buy groceries and pay bills. Companies pay wages to their employees, although, at the moment, they don't Europe now comes to their support, with a new initiative, which is called SURE, sure ", highlighted von von Leyen in a video message yesterday.

"For example - continued the president - the regions around Milan or Madrid are part of the backbone of the European economy. Thousands of strong and healthy companies are struggling because of the current crisis. They need our support to overcome the crisis. This is why we have developed a short-term working concept. It aims to help Italy, Spain and all other countries that have been hit hard. And it will do so thanks to the solidarity of the other Member States. ".

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"How does Sure work? We learned the lessons from the 2008 financial crisis. Member States that had this tool helped millions of people stay in their jobs and businesses to overcome the financial crisis with their employees. Sure means State-supported short-term work. " In the past "it has mitigated the effects of the recession, has kept people at work and allowed companies to return to the markets with renewed vigor. The idea is simple - he explained -: if there are no orders, companies should not lay off their workers. In their spare time, workers can be taught, for example, new skills that will also benefit both the company. So people can continue to pay rents and buy what they need. This has an impact. also positive on the economy. They will be able to get back to work as soon as the blockade is over, when demand will pick up again and so will the orders. It is essential to quickly restart the European economic engine. "

Von der Leyen spoke about the unemployment scheme, 'Sure', with Prime Minister Giuseppe Conte.

Source: ansa

All news articles on 2020-04-02

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