Computing the EU´S SURE interest savings using an extended debt sustainability assessment tool-Reference-Cited by-同舟云学术

Computing the EU´S SURE interest savings using an extended debt sustainability assessment tool

Published:2022-06-01 Issue: Volume: Page:
ISSN:1696-2230
Container-title:Documentos Ocasionales
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Author:

Burriel Pablo¹,Kataryniuk Iván¹,Pérez Javier J.¹

Affiliation:

1. Banco de España

Abstract

Loans to Member States under the SURE programme were part of the unprecedented European Union (EU) response to the COVID-19 crisis in 2020-2021. Resources were used to finance countries’ public spending on temporary unemployment schemes. The EU raised funds on the capital markets by issuing securities, and channelled them to recipient countries in the form of bilateral loans.

Publisher

Banco de España

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