European unemployment insurance

European unemployment insurance (also known as a European unemployment benefit scheme - EUBS) is a proposed transfer system for the Eurozone that is intended to provide macroeconomic stabilization. Such a system would drain purchasing power from booming economies, preventing overheating while bolstering economies which experience a recession.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.