Economics
Half a Million German Companies Ask for Wage Support for Workers
- 470,000 “short-time work” notifications were filed in March
- Labor minister says support measures to save millions of jobs
Stacked chairs and collapsed parasols from closed cafes stand in a near empty pedestrianized area of Munich, on March 21.
Photographer: Michaela Handrek-Rehle/BloombergThis article is for subscribers only.
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German companies filed almost half a million applications for financial aid under a government support program in March, when factories and other businesses were forced to shut because of the coronavirus outbreak.