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Protecting jobs and workers: Commission makes final payment of €6.5 billion under SURE, bringing total support to Member States to €98.4 billion

The Commission disbursed more than €6.5 billion on 14 December to nine Member States in the final operation under SURE, the instrument designed to protect jobs and incomes affected by the COVID-19 pandemic.

date:  21/12/2022

See alsoProtecting jobs and workers

With this ninth and final payment, SURE has provided total financial assistance of €98.4 billion to 19 Member States. As part of the operations, Bulgaria received €460 million, Cyprus €29 million, Czechia €2.5 billion, Greece €900 million, Croatia €550 million, Lithuania €142 million, Latvia €167 million, Poland €1.5 billion and Portugal €300 million. All nine Member States had already received financial support under SURE, which successfully helped Member States mitigate the effects of the pandemic in 2020 and supported their rapid economic recovery in 2021. The latest Commission report on SURE shows that the instrument supported around 31.5 million people and 2.5 million businesses in 2020, and nine million people and over 800,000 businesses in 2021. For Bulgaria, Cyprus, Czechia, Greece, Croatia, Lithuania, Latvia and Portugal, the loans granted on 14 December are top-ups to the initial financial assistance granted under SURE in 2020. These top-ups were granted by the Council between September and November 2022. For Poland, the payment of the last part of the financial assistance granted in 2020 was made after an issue related to the absorption of funds was resolved in November.