Ba: P.T., STA
The government decided to extend the furlough scheme by another month, until the end of June, in a bid to reduce the risk that companies facing slow demand or a negative productivity shock start laying off workers.
Government data show furlough subsidies cost the treasury EUR 533 million through 3 May and benefited over 214,000 workers at almost 32,000 companies. The one-month extension is projected to cost EUR 28 million.