The 🇪🇺’s support tool for crisis-hit workers & firms (#SURE) was a prompt response to mitigate the risk of massive layoffs due to the pandemic.
👉However, its impact cannot be properly assessed due to:
◽️The way the novel tool is designed
◽️Lack of good data at national level.
🐦🔗: https://n.respublicae.eu/EUauditors/status/1603057392157167616
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➡️The primary objective of #SURE is to provide financial assistance to Member States that are experiencing, or threatened with, a severe economic disturbance.
➡️In financing job retention schemes, SURE aims ultimately at reducing the incidence of #unemployment & loss of income.
🐦🔗: https://n.respublicae.eu/EUauditors/status/1603063168883892227
By August 2022, the Council had approved a total of €93.3 billion of financial assistance to 19 Member States.
➡️Of this total, nearly €92 billion (98 %) had been
disbursed by August 2022.
➡️18 out of 19 countries that used SURE have reported irregularities and alleged fraud
🐦🔗: https://n.respublicae.eu/EUauditors/status/1603063406403227651