Nearly Half A Million Companies In Germany File For State Funds To Pay Workers

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Nearly half a million companies in Germany have applied for government funds to help support employees with cut work hours amid the coronavirus pandemic.

A woman walks at a closed restaurant in an empty terminal at the airport in Munich, Germany. Businesses across the country have shut or cut back hours due to the new coronavirus.Christof Stache/AFP via Getty Images

A woman walks at a closed restaurant in an empty terminal at the airport in Munich, Germany. Businesses across the country have shut or cut back hours due to the new coronavirus.In Germany, nearly half a million companies have applied for government funds to support employees with reduced work hours, as the country with the largest economy in Europe pushes to contain the new coronavirus.

Heavy restrictions on public life, an export slump due to nations' lockdowns and broken supply chains throughout industry have meant millions of Germany's workers are eligible for public financial aid. Known as, the government's compensation program allows firms to reduce employees' hours while the state provides much of the lost income.that the applications suggest 9 million workers — about a fifth of Germany's workforce — could be affected by the work hour cuts.

The benefits could also be possible for around 1.3 million municipal employees this year, according to Germany's Association of Local Employers.

 

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Coronavirus At least Germany has a government, in America people have started questioning where is our government who can take care of us, where can I find the government? Wishing whole world health, harmony, wisdom, compassion

Why doesn't NPR report what THE GERMAN EXPERTS are saying?

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