chiefdave
Well-Known Member
Germany have extended their furlough scheme for 24 months. German finance minister, Olaf Scholz said “The corona crisis won’t suddenly disappear in the next few weeks. Businesses and employees need a clear signal from the government: we’ve got your back for the long haul in this crisis, so that no one is being let go without need.”
Using government figures to extend the scheme to 24 months here would cost a total of £336bn, although you would expect the monthly cost to decrease over time as more people go back to work. We spent £500bn bailing out the banks without batting an eyelid.
Germany to extend coronavirus furlough to 24 months
Angela Merkel backs proposal to continue Kurzarbeit part-time working scheme
www.theguardian.com