On Tuesday, the European Union’s economy and finance ministers (Ecofin) approved a temporary 100 billion euros fund that governments can use to finance their employment protection schemes, similar to Spain’s temporary lay-offs, amid the Covid-19 pandemic. The regulations establish a ceiling of 60 billion euros that cannot be exceeded by the three countries which have benefited most from the fund. This means that Spain could ask for a maximum of 20 billion euros from the SURE.