Report on the European instrument for Temporary Support to mitigate Unemployment Risks in an Emergency (SURE) following the COVID-19 outbreak pursuant to Article 14 of Council Regulation (EU) 2020/672 – SURE at 18 months: third bi-annual report

Summary:

Report published by the European Commission on 24 March 2022, comprising the third bi-annual report on the European instrument for temporary Support to mitigate Unemployment Risks in an Emergency (SURE).

Further information:

The SURE instrument was established by Council Regulation (EU) 2020/672 to address the impact of the COVID-19 (coronavirus) pandemic and respond to its socio-economic consequences. This report is pursuant to Article 14 of that Regulation.

This report is the third bi-annual report on this instrument. It confirms the findings outlined in the previous reports and presents the operations and use of the instrument to date and reviews its socio-economic impacts. SURE supported approximately 31 million people and 2.5 million firms in 2020. This represents almost 30% of total employment and one quarter of total firms in the 19 beneficiary Member States. Small firms have been the primary beneficiaries of SURE support. The most supported sectors were wholesale and retail trade, accommodation and food services and manufacturing. SURE continued to protect employment during the recovery in 2021, supporting approximately 3 million people and over 400,000 firms.

The report includes an examination of the national control and audit systems as reported by Member States. It finds that all Member States have run controls to prevent the misuse of SURE financial assistance. Controls and audits have been able to detect and correct instances of irregularities and fraud.

Official

European Commission: Press Release, 24/03/2022: SURE: Third report shows continued success in protecting jobs and supporting recovery https://ec.europa.eu/commission/presscorner/detail/en/ip_22_1987

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