“We will do this together:” Germany will continue subsidizing workers’ wages through the end of 2021
It may have been intended as a short-term tool in Germany's fight against the pandemic's economic effects, but that's not how the government's massive wage-support program is panning out. Now recognizing that it will take at least a couple years to get the economy back to pre-pandemic levels, Angela Merkel's coalition government announced late Tuesday the extension of the current Kurzarbeit ('short time work') scheme until the end of 2021.
View the full story here: https://fortune.com/2020/08/26/germany-extends-kurzarbeit-pandemic-wage-support/