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Inscription coronavirus, currencies euro and downward graphs representing financial crisis caused by Covid-19. Risk of global recession around world

Inscription coronavirus, currencies euro and downward graphs representing financial crisis caused by Covid-19. Risk of global recession around world

Von der Leyen: Poland’s already received 4.3 billion Euros of COVID-19 relief from the EU

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Ursula von der Leyen, European Commision President, tweeted earlier today in Polish about SURE instrument, a European scheme to support businesses affected by the coronavirus.

twitter.com


“Poland’s already received over 4.3 billion euro in loans funding from  the SURE instrument” – said von der Leyen

“Total help for Poland from SURE instrument is 11.2 billion euro. Europe helps” – tweeted.

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SURE is a EU fund supporting its member states in economical fight against the effect of COVID-19 pandemic. 

“The temporary Support to mitigate Unemployment Risks in an Emergency (SURE) is available for Member States that need to mobilise significant financial means to fight the negative economic and social consequences of the coronavirus outbreak on their territory. It can provide financial assistance up to €100 billion in the form of loans from the EU to affected Member States to address sudden increases in public expenditure for the preservation of employment. SURE is a crucial element of the EU’s comprehensive strategy to protect citizens and mitigate the severely negative socio-economic consequences of the coronavirus pandemic.”

https://ec.europa.eu/info/business-economy-euro/economic-and-fiscal-policy-coordination/financial-assistance-eu/funding-mechanisms-and-facilities/sure_en

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Source: twitter.com/vonderleyen
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