A meeting of the Croatian Employment Bureau was held on Friday, representing the last step in presenting the measures government has undertaken to mitigate the impact of the corona-crisis on the Croatian economy.
After the meeting Labour, Pension System, Family and Social Policy Minister Josip Aladrović outlined the three main tenets of government's measures to stave off the corona-crisis. The first is the preservation of jobs, the second a tranche of COVID loans in the amount of 1.3 billion Kuna for Croatian entrepreneurs in order to preserve short to medium-term liquidity, and the third to cover fixed costs related to the work of those who have been shuttered due to the coronavirus measures. With regard to the third measure Minister Aladrović said that the Tax Administration is expected to prescribe the conditions for covering said costs in short order.
"In this way we have covered all of the economic branches that we consider to be hardest hit until December 21st. We will monitor the epidemiological measures, evaluate their impact and update economic measures accordingly, in a bid to preserve jobs and the business activities of our entrepreneurs," Minister Aladrović said.
He added that they had adopted a proposal from employers' associations for the measures to include those sectors that rely on those whose work has been suspended due to the coronavirus measures. Minister Aladrović went on to say that support for job preservation will be graded in relation to the decline in income - from 40 to 100%, and that the support will range from two to four thousand Kuna per worker.
The minister stressed that not everyone has been exposed to the corona-crisis in the same way and that the measures do not cover all branches of the economy, but that all those who need assistance and have seen their business significantly reduced as a result of the coronavirus measures will be covered. Aladrović concluded that at the moment some 80 million Kuna has been invested in this job preservation measure.