In response to the economic damage caused by the Coronavirus pandemic in 2020, the European Union created several financial support mechanisms, with a temporary unemployment support fund called SURE, providing up to 100 billion euros of loans to member states that require assistance. Italy, which was one of the worst hit countries in the early stages of the pandemic, is set to be the biggest receiver of this type of assistance, and had secured 24.82 billion Euros by February 2021, with a further 2.58 billion euros set to be procured at a future date.
Unemployment support funds allocated through SURE by the European Union from 2020 to 2021, by member state
(in million euro)
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European Commission. (March 16, 2021). Unemployment support funds allocated through SURE by the European Union from 2020 to 2021, by member state (in million euro) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1204296/coronavirus-employment-support-europe/
European Commission. "Unemployment support funds allocated through SURE by the European Union from 2020 to 2021, by member state (in million euro)." Chart. March 16, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1204296/coronavirus-employment-support-europe/
European Commission. (2021). Unemployment support funds allocated through SURE by the European Union from 2020 to 2021, by member state (in million euro). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1204296/coronavirus-employment-support-europe/
European Commission. "Unemployment Support Funds Allocated through Sure by The European Union from 2020 to 2021, by Member State (in Million Euro)." Statista, Statista Inc., 16 Mar 2021, https://www.statista.com/statistics/1204296/coronavirus-employment-support-europe/
European Commission, Unemployment support funds allocated through SURE by the European Union from 2020 to 2021, by member state (in million euro) Statista, https://www.statista.com/statistics/1204296/coronavirus-employment-support-europe/ (last visited December 22, 2024)
Unemployment support funds allocated through SURE by the European Union from 2020 to 2021, by member state (in million euro) [Graph], European Commission, March 16, 2021. [Online]. Available: https://www.statista.com/statistics/1204296/coronavirus-employment-support-europe/