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Europe Puts Jobs Before Restructuring With Furloughs Extended

  • Major economies opt to support workers as pandemic persists
  • U.K. is the big exception with plans to halt aid in October

In the dilemma over whether to support existing jobs during the pandemic or let the economy adapt to the post-virus world, European governments are increasingly siding with workers.

Germany became the latest nation to extend a program under which the government covers the bulk of paychecks for employees who can’t work. That decision late Tuesday follows France, Italy, Switzerland and Austria, and others are considering doing the same.