Third stimulus package, explained

SHORT-WORK SUBSIDIES SCHEME

If an employee's work week (the standard is 40 hours) is shortened, the government will provide funds to pay them a wage compensation for the partial idling, but only from five to 20 hours per week.

Firms set up before 13 March 2020 (first day of epidemic) that will are unable to provide at least 90% of the workload for at least 10% of their workers are eligible.

Firms which receive more than 50% of funds directly or indirectly from the state or municipal budgets cannot apply.

The employer taking part in the scheme is obliged not to lay off the workers partly idled or a lager number of other workers while taking part in the scheme and also a month after it.

The measure will be in place from 1 June to 31 December.

PARTIAL WAGE COMPENSATION FOR IDLED WORKERS

For idled workers, companies will get...

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