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Germany has taken the decision to extend its furlough scheme for 12 months notwithstanding the reservations by a number of german politicians at the potential bill of 30 million.
Government free laptop scheme application form 2020 gujarat. The uks furlough scheme is currently set to end in october but many have called for an extension to the policy amid fears of a sharp rise in unemployment if it ends in the next two months. This is due to cost 27 billion and will help the. Further economic measures will include an extension of government loans for short and mid sized businesses until the end of the year.
Workers in germany will stay on furlough until the end of next year in a move that will cost merkels government 27 billion. Its hoped the mega move will salvage the countrys economy after. Though there are no plans for a furlough extension.
German furlough scheme explained. This scheme known in german as kurzarbeit was first introduced in the wake of the financial crisis of 2008 09. Germany is expected to extend its pandemic furlough scheme to 24 months after angela merkel indicated that she welcomed the proposal to let the kurzarbeit programme run on.
How germanys kurzarbeit works and why it might have inspired rishi sunaks new plan pressure has been mounting on the government to continue its support for. Germany has extended its furlough scheme until the end of 2021 despite reservations in angela merkels party about a bill that may exceed 30 billionthe measure is intended to buy time for the. Under the scheme workers.
The scheme has cost the german federal employment agency 12billion so far and is predicted to cost them 36billion with this extension.
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