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Corona Short-time Work in Austria: Funds to be Increased to 12 Billion
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Published: May 19, 2020; 18:46 ♦ (Vindobona)

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Minister of Finance Gernot Blümel announced that the budget for coronavirus short-time work will be increased from ten billion to twelve billion euros.

"With corona short-time work we have created a model that is unique in Europe to keep unemployment as low as possible in a difficult time. However, especially in the current phase, it is important to be able to start again with trained employees who have been with us for many years. …
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