Job-saving schemes predicated upon the tenets of short-time work have been successful in preventing mass redundancies, long-term unemployment and business closures. We posit that, for as long as this exceptional health crisis persists, governments should not give up on their duty to provide a safety net for millions of workers who are still affected by the slowdown of aggregate demand across the continent.
This paper presents an appraisal of the newly created SURE instrument. This is welcomed as a positive step towards the attainment of anti-cyclical stabilising mechanisms on a supranational level. However, we are clear in elucidating the limitations of this new scheme. It is limited to loans and, most importantly, its scope is constrained to those jobs that can be saved. More therefore needs to be done in light of the impending economic crisis.
SURE cannot be misconstrued as a satisfactory end but rather as a window of opportunity for more ambitious progressive politics. A European unemployment reinsurance scheme is gaining increasing momentum and indeed we make a strong case for its prompt implementation. The shock-driven recovery is already underway in the form of a strengthened safety net for European working families. However, recovery needs to be followed by transformation, and policymaking at a European level can contribute decisively to the formation of a double safety net underpinned by the guiding principles of solidarity and social justice.
FEPS President at Euronews talk-show ‘Brussels, my love?’
by Euronews 15/01/2024
Panellists discussed topics including EU fiscal rules reform, German farmer's protests, and the decision of Charles Michel to quit his job early to run for MEP.
Socialistas europeos reclaman que la Europa social sea la prioridad de la futura Comisión
by EuroEFE 09/11/2023
'European socialists demand that social Europe be the priority for the future Commission' article about the 'Champions of progress: Progressives go the extra mile for Social Europe!' side event organized by FEPS and PES
“Trade doesn’t work in isolation from good domestic policies” Interview to Arancha González
by Borderlex 19/09/2023
Interview to Arancha González, former Spanish foreign minister, who released together with FEPS the new book entitled 'The Trade Handbook: Making Trade Work for Prosperity, People and Planet'
A szociális unió imperatívusza
by Új Egyenlőség 09/09/2023
'The imperative of Social Union'. Article about FEPS book 'Europe’s Social Integration: Welfare Models and Economic Transformations' by László Andor.
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