Norway: Extension of guarantee scheme for credits

Submitted by mmarquez on

regjeringen.no (10.11.2020) The guarantee scheme was established as a temporary measure in light of the corona situation in order to maintain a sufficient credit insurance offer to companies in Norway. The scheme means that the state covers losses with the credit insurance companies totaling up to NOK 20 billion. kroner, through so-called re-insurance. In return, credit insurance companies must pay for reinsurance and commit to maintaining the business.

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Europe
norway
Global challenges
Topics
Unemployment
Financing

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Norway: New compensation scheme for companies with high turnover rates

Submitted by mmarquez on

regjeringen.no (10.11.2020) The government proposes a new compensation scheme of up to NOK 5 billion, for companies with a large drop in turnover as a result of the corona pandemic.

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norway
Global challenges
Topics
Unemployment
Cash transfers

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Norway: Government will cover expenses for entry quarantine

Submitted by mmarquez on

 regjeringen.no (10.11.2020) The government proposes NOK 480 million for a new compensation scheme. The scheme will cover some of the expenses companies have when foreign labor must have the entry quarantine.

Regions / Country
norway
Global challenges
Topics
Health
Health insurance
Safety and health at work

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Norway: Extension of unemployment benefit

Submitted by mmarquez on

.regjeringen.no (03.11.2020) The temporary increased unemployment benefit rate was to go down to the normal level from January 2021, but will now be extended until March.   - Increased uncertainty due to infection control measures means that the government is waiting to reintroduce the normal unemployment benefit rate, the minister says. 

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norway
Global challenges
Topics
Unemployment

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Norway: Care allowance for parents doubled until March 2021

Submitted by mmarquez on

regjeringen.no (03.11.2020) The care allowance rules will be extended until June 2021, and the quotas will also be doubled in 2021. This means that a family next year will be entitled to at least 40 days of care allowance, compared with 20 days in a normal situation. In addition, the rules on sickness benefits in the event of infection or suspected infection will be extended until March.  

Regions / Country
norway
Global challenges
Topics
Family benefits
Children
Parental leave
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Norwary: Extension of sickness, care and unemployment benefits

Submitted by mmarquez on

regjeringen.no (03.11.2020) Effective until March 2021: right to sickness benefits in the event of absence from work due to covid-19 or suspicion of such illness. It is specified that persons who violate the travel guidelines of national authorities and are required to quarantine on return to Norway may be denied sickness benefits.

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norway
Global challenges
Topics
Cash sickness benefits
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England: Extended furlough scheme to March 2021

Submitted by mmarquez on

bbc.com (07.11.2020) As part of the announcement of month-long restrictions in England, including the closure of pubs, restaurants, gyms and non-essential shops, furlough was initially extended until December. But Chancellor Rishi Sunak has now said it will run until the end of March, although the government will review the policy in January.

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united kingdom
Global challenges
Topics
Unemployment

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US: Colorado votes to establish paid family leave

Submitted by pmassetti on

yahoo.com (04.11.2020) The policy will go into effect in 2024 and will give workers 12 weeks of paid leave that will be funded through a payroll tax. An additional 4 weeks of leave would be available to parents who experience pregnancy or childbirth complications. An estimated 2.6 million Colorado workers will have access to leave, according to the campaign’s website. Self-employed workers will be eligible, too. Workers will get up to 90% of their pay during their leave, up to the maximum weekly benefit of $1,100 that will be adjusted based on the state average weekly wage.

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United States
Topics
Family benefits

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Greece: The additional measures of financial support activated by the Government/ Change in subsidizing real estate owners

Submitted by siha on

Ministry of Finance (05.11.2020) All companies that are affected according to the expanded list of KAD April, now throughout the territory, are entitled to a mandatory reduction of rent by 40% on their commercial real estate. The same applies to the main residence of the employees who are suspended from employment, but also to the student residence of their children, throughout the territory.

Regions / Country
greece
Topics
Service quality
Cash transfers
Financing
COVID-19
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Greece: The additional measures of financial support activated by the Government/ One-off financial aid to non-subsidized long-term unemployed

Submitted by siha on

Ministry of Finance (05.11.2020) A new one-off financial aid of 400 euros is granted to non-subsidized long-term unemployed, in proportion to the April aid. This policy measure concerns about 130,000 unemployed compatriots of ours, who became long-term unemployed after March 1, 2020. The cost is estimated at 50 million euros.

Regions / Country
greece
Topics
Unemployment
Extension of coverage
Cash transfers
COVID-19
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