Hungary: Subsidy to employers for research and development employees

Submitted by mmarquez on

crowe.com (16.04.2020) As part of the economy recovery plan easing the economic issues caused by the COVID-19 outbreak, the Hungarian Government has announced an economy protection plan, with a focus on maintaining research and development jobs. The original regulation was amended by Government Decree 141/2020. (IV. 21.). The subsidy is available from the 16th of April.

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hungary
Global challenges
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Employment

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Financing gaps in social protection: Global estimates and strategies for developing countries in light of the COVID-19 crisis and beyond

Submitted by pmassetti on

Ilo.org (17.09.2020) Closing the social protection coverage gap, worsened by COVID-19, will require additional sources of financing.

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Financing

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Germany: German coalition agrees €10 billion extension of #Coronavirus relief

Submitted by mmarquez on

EU Reporter (27.08.2020) German coalition parties agreed on Tuesday (25 August) to extend measures to cushion the effects of the coronavirus crisis on Europe’s biggest economy at a cost of up to €10 billion, including prolonging a short-time work scheme and freezing insolvency rules, write Andreas Rinke, Holger Hansen and Madeline Chambers and Joseph Nasr in Berlin. 

Regions / Country
germany
Global challenges
Topics
Unemployment
Financing

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Koalition einigt sich auf Verlängerung beim Kurzarbeitergeld - DER SPIEGEL

Submitted by mmarquez on

Das Kurzarbeitergeld soll wegen der Coronakrise bis Ende Dezember 2021 und damit auf 24 Monate verlängert werden. Das haben die Spitzen von Union und SPD beschlossen.

Regions / Country
germany
Global challenges
Topics
Unemployment

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Switzerland: COVID-19 rent concessions amendment

Submitted by mmarquez on

As a result of the coronavirus (COVID-19) pandemic, rent concessions have been granted to lessees. Such concessions might take a variety of forms, including payment holidays and deferral of lease payments. On 28 May 2020, the IASB published an amendment to IFRS 16 that provides an optional practical expedient for lessees from assessing whether a rent concession related to COVID-19 is a lease modification. Lessees can elect to account for such rent concessions in the same way as they would if they were not lease modifications.

Regions / Country
switzerland
Global challenges
Topics
Housing
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Australia: Additional COVID-19 Mental Health Support

Submitted by mmarquez on

The Australian Government will provide 10 additional Medicare subsidised psychological therapy sessions for people subjected to further restrictions in areas impacted by the second wave of the COVID-19 pandemic.

Regions / Country
australia
Global challenges
Topics
Health
Health promotion

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Argentina: Prohibition to cut the services of electricity, gas, water and others

Submitted by mmarquez on

LAS EMPRESAS PRESTADORAS DE LOS SERVICIOS DE ENERGIA ELECTRICA, GAS POR REDES Y AGUA CORRIENTE, TELEFONIA FIJA O MOVIL E INTERNET Y TV POR CABLE, POR VINCULO RADIOELECTRICO O SATELITAL, NO PODRAN DISPONER LA SUSPENSION O EL CORTE DE LOS RESPECTIVOS SERVICIOS A LOS USUARIOS Y LAS USUARIAS INDICADOS EN EL ARTICULO 3°, EN CASO DE MORA O FALTA DE PAGO DE HASTA TRES (3) FACTURAS CONSECUTIVAS O ALTERNAS, CON VENCIMIENTOS DESDE EL 1° DE MARZO DE 2020.

Regions / Country
argentina
Global challenges
Topics
Housing
Social assistance
Shocks & extreme events

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Korea: NHIS extends COVID-19 relief to foreign residents

Submitted by mmarquez on

koreaherald.com (11.04.2020) Foreign subscribers of South Korea’s national health insurance are eligible for premium assistance in a COVID-19 bailout, the state health care service said Saturday. From July 16, 2019, foreign residents staying over six months are required to enroll in the national health insurance plan. Previously, the subscription was optional for those staying longer than three months. As of last year, the number of foreign subscribers to the national health insurance plan reached 1,212,475.

Regions / Country
korea, Republic of
Global challenges
Topics
Health
Health insurance
Contribution collection and compliance
Financing

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Korea: Temporary reduction of contribution rates to health insurance

Submitted by mmarquez on

koreaherald.com (11.03.2020) The National Health Insurance Service said the lower 20 percent of the income bracket will receive about 30 to 50 percent reduction in premiums from March through May. For the worst-affected Daegu and North Gyeongsang Province’s Gyeongsan, Cheongdo and Bonghwa, the bottom half of income earners will be given the partial premium waivers. The lowered payments are a part of Korea’s disaster relief subsidy plan announced March 30 to cushion financial blow from the outbreak for the financially vulnerable.

Regions / Country
korea, Republic of
Global challenges
Topics
Health
Contribution collection and compliance
Financing

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