This is the first disbursement in 2021. As part of operations on 2 February, Belgium received €2 billion, Cyprus €229 million, Hungary €304 million, Latvia €72 million, Poland €4.28 billion, Slovenia €913 million, Spain €1.03 billion, Greece €728 million and Italy €4.45 billion. All nine Member States had already received financial support under SURE in 2020. These loans will assist Member States in addressing sudden increases in public expenditure to preserve employment. Specifically, they will help Member States cover the costs directly related to the financing of national short-time work schemes, and other similar measures that they have put in place as a response to the coronavirus pandemic, including for the self-employed. The disbursements follow the issuance of the fourth social bond under the EU SURE instrument, which attracted considerable interest among investors. The notable oversubscription was translated into favourable pricing terms, which the Commission is directly passing on to the benefitting Member States. With the latest disbursements, 15 Member States have received a total of €53.5 billion under the SURE instrument.