CASH POURING IN AROUND WORLD
AMERICA:
Government-backed loans for small businesses, worth up to £256billion.
Aid totalling £85billion, to include paid virus sick leave, free virus testing, paid leave to look after family and increased jobless benefits.
Plan before Congress could also include up to £426billion in direct payments to all citizens and another £256billion in deferred tax.
GERMANY:
£504billion in Governmentbacked loans for businesses. Pledge that companies can defer tax payments. Compensation for workers who are sent home – similar to wage subsidies for 1.5million during the 2008 financial crisis.
FRANCE:
£275billion in stateguaranteed business loans.
Unlimited support for businesses and workers, while £2billion earmarked for small restaurants and tourism firms.
Tax payments delayed. Rent and utility bills to be suspended for smaller firms.
‘Sick leave’ payments for parents who stay home to look after their children because schools are closed.
ITALY:
Loan guarantees for businesses as part of a £23billion rescue package.
One-off payments of 500 euros each for the selfemployed, freeze on any worker lay-offs and a cash bonus for those still working. Moratorium on loan and mortgage payments.
SPAIN:
State loan guarantees for businesses, worth £92billion.
A £183billion spending package, including £550million to help the most vulnerable.
Moratorium on mortgage payments and utility bills for anyone whose income has been hit by the crisis.