Croa­tia to sup­port coro­n­avirus-hit com­pa­nies

Arab News - - Business News -

The Croa­tia gov­ern­ment will fi­nance a shorter work­ing week for coro­n­avirus-hit com­pa­nies whose turnover fell at least 20 per­cent from the same month last year, the prime min­is­ter said.

“The goal is to save the jobs in the com­pa­nies where the ex­tra­or­di­nary cir­cum­stances have re­duced the work­ing vol­ume. The gov­ern­ment’s sup­port will amount to 2,000 kuna ($297.48) a month per em­ployee,” An­drej Plenkovic told the news con­fer­ence.

The mea­sure is planned to be in ef­fect from June 1 to Dec. 31, 2020 for com­pa­nies who have re­duced their work­ing weeks due to a fall in ac­tiv­ity as a re­sult of the pan­demic.

Plenkovic added that com­pa­nies en­gaged in pro­cess­ing would be able to get sup­port even if their rev­enues had fallen less than 20 per­cent. Reuters

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