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EU Commission President : Juncker calls for European unemployment insurance

Jean-Claude Juncker calls for the introduction of a European unemployment insurance. "It cannot be that one EU country to pay in the case of an involuntary crisis due to rising unemployment, the need to cut unemployment benefits," said Juncker, the "world on Sunday". It was important that in crisis situations, it is not at the wrong end will be saved, "so in the case of investment, education and unemployment benefits".

Juncker said in the case of an economic crisis for the support of the national unemployment insurance systems in Europe. He's restricted, but that a European unemployment insurance "should not be a free ride" for countries, "which do not carry out reforms, and thus get into trouble".

For the financing of such unemployment insurance, said Juncker, the Commission provided for in the draft for the medium-term financial planning, two instruments: "25 billion euros in order to Finance structural aid programmes, and EUR 30 billion for a mitigation mechanism against asymmetric external shocks". This could also include re-insurance for national work insurance. This Instrument could help, sudden economic crises, which were caused by external developments, in a Land cushion, and the national social security systems of European and reassurance.

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the Federal Finance Minister, Olaf Scholz (SPD) had already been submitted in mid-October, plans for a European unemployment insurance. Accordingly, EU States, a "European unemployment stabilization Fund" with contributions of food, based on the economic power (gross domestic product). From the Fund a national unemployment insurance scheme could borrow the plans, according to money, if the country of a economic crisis hit. (AFP)

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