Ireland's economy gets largest-ever cash injection with grants, tax cuts and loan guarantees

Submitted by socpro on Mon, 11/02/2020 - 17:01
measures summary

Adjusted from 24 March 2020: The temporary wage subsidy scheme is also being extended to March next year, but will be recast as a new scheme from September, with officials said to be working on a new permanent scheme which would see State support for temporarily laid-off workers. The extension of the scheme to April will involve lower payment rates to employers, but newly hired staff including seasonal workers will qualify and the total cost will be €1.9 billion.

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