The European Commission has presented a proposal to the Council for a decision to grant € 5.9 billion in financial support to Portugal under the SURE instrument (Support to mitigate Unemployment Risks in an Emergency). The loans will assist Portugal in addressing sudden increases in public expenditure to preserve employment. Specifically, they will help to cover the costs related to its short-time work scheme.
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For more information, please contact Paul de Beer or Oana Ciuca or Sjaak van der Velden, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org.
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