Europe Is Subsidizing Millions of Paychecks. Companies Want to Keep It That Way, for Now.

  • 📰 WSJ
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Europe’s strategy of placing tens of millions of workers on paid leave has stemmed job losses, but governments are now grappling with how to wean firms and employees off the support

The programs were originally intended as a stopgap. European companies idled workers instead of firing them, using billions in state subsidies to cover their payrolls until they were ready to reopen for business.

Now that governments have lifted their lockdowns,...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Let em starve and die, eh wsj

The Federal Reserve tried to wean the equity and financial markets off Quantitative Easing but couldn't. Once they get a taste of the monetary and fiscal heroin, they become junkies for life.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gov. Cuomo: travelers from Europe 'brought the virus to New York' - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Subscribe retweet thank you 🙏 Have a best day Comment your opinion ,good or bad, I would love to hear from you. Every comment and like is important so I can work my way to improve
Source: BusinessInsider - 🏆 729. / 51 Read more »