Government presented a package of new measures on Tuesday that will provide assistance to businesses most affected by the corona-crisis. The plan is to inject an additional 300 plus million Kuna into subsidizing workers salaries and subsidizing a shortened work week.
Since the beginning of the corona-crisis, government has pumped some 6.85 billion Kuna into the private sector in a bid to preserve jobs. With the new measures, that total will top 7 billion Kuna by the end of the year.
Prime Minister Andrej Plenković noted today that the amount of support government is providing per worker is being increased: “We are introducing gradients of aid based on lost revenues. Aid of two thousand Kuna per worker for companies with at least a 40 percent loss in turnover, two and a half thousand Kuna for those with a downturn of 45 to 50 percent, three thousand for 50 to 55 percent losses, three and a half thousand for 55 to 60 percent, and four thousand Kuna for those companies with turnover that has dropped by 60 percent or more. Companies that draw on these funds will not have to pay benefits on these amounts.”
The new package also ensures that companies will not be allowed to fire their employees so long as they are drawing on this aid. The measure, which will be available to all companies that have lost more than 40 percent of their revenues, will be in place until the end of the year.
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