[ad_1]
The EC, after evaluating the requests of the Member States, has proposed to the Council of the European Union another 3.7 billion euros. € 1 billion in loans to six Member States, including Lithuania, under the SURE measure to protect jobs and income affected by the COVID-19 pandemic. The funds of the financial instrument will be distributed from the amount not used in the first stage.
According to the Ministry of Finance, these loans, granted on favorable terms to the EC, will help Member States to cover costs directly related to the financing of national employment support measures. Additional loan funds should arrive in Lithuania in May.
The first 300 million. The second part of the SURE loan arrived in Lithuania on November 17 last year, and the second, 302 million euros. March 16.
SURE is a temporary financial instrument that was launched on May 19 of last year. The Council Regulation was created to reduce the risk of unemployment due to the emergency situation related to the COVID-19 outbreak. It aims to provide support to the Member States of the European Union affected by the pandemic through loans for the significant increase in public spending incurred and planned to maintain employment. Up to € 100 billion is allocated for this measure. euros.
No part of this publication may be reproduced without the written permission of ELTA.
[ad_2]
