Proposal for a Council Implementing Decision granting temporary support under Council Regulation (EU) 2020/672 to Italy to mitigate unemployment risks in an emergency situation following the COVID-19 outbreak

Author (Corporate)
Series Details COM (2020) 466
Publication Date 28/04/2020
Content Type

Summary:

Proposal for a Council Implementing Decision adopted by the European Commission on 24 August 2020, concerning temporary support to Italy to address unemployment risks in the framework of the SURE instrument.

Further information:

Council Regulation 2020/672 - also known as SURE Regulation - lays down the legal framework for providing EU financial assistance to Member States, which are experiencing, or are seriously threatened with, a severe economic disturbance caused by the COVID-19 (coronavirus) outbreak. Support under SURE serves for the financing, primarily, of short-time work schemes or similar measures aimed at protecting employees and the self‐employed and thus reducing the incidence of unemployment and loss of income, as well as for the financing, as an ancillary, of some health-related measures, in particular in the workplace.

Italy requested financial assistance in this framework on 7 August 2020. The Commission consulted the Italian authorities to verify the sudden and severe increase in actual and planned expenditure directly related to short-time work schemes and similar measures and health related measures, caused by the pandemic.

Source Link https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=COM:2020:466:FIN
Related Link(s)
Official
European Commission: Press Release, 24/08/2020: Coronavirus: Commission proposes to provide €81.4 billion in financial support for 15 Member States under SURE https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1496

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