Denmark dishes out salaries to virus-hit companies

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To ease the burden of the coronavirus pandemic on the economy, Denmark is giving money to companies so they can keep their employees.

Denmark has always prided itself on its"flexicurity" model that marries the free market with a welfare society, but in the face of the COVID-19 pandemic, it has chosen another strategy.

With so much of the economy halted on its orders, the centre-left government has taken a different path.Like several other European countries, it chose to effectively fork over money to companies to pay the wages of their staff. "We want to make sure that we would keep all our employees, as they are all needed," Lene Tind, who runs the company, told AFP.

This is the first time Denmark has introduced measures like this to make sure employees stay on the job. But even with the programme in place, Denmark, like many other countries, is still seeing a spike in unemployment.

 

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