May 19, 2020 / 7:37 AM / 18 days ago

Austria to increase funds for short-time work agreements

VIENNA (Reuters) - Austria will raise its funds for short-time work agreements to 12 billion euros ($13 billion) to help companies weather the effects of the coronavirus pandemic, Finance Minister Gernot Bluemel said on Tuesday.

The current budget of 10 billion euros has already been granted, according to Labour Minister Christine Aschbacher.

Reporting by Kirsti Knolle; Editing by Michelle Martin

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below