Economics

Austria Lockdown May Cost $4 Billion, Push 400,000 to Jobs Plan

Closed Christmas market kiosks in central Vienna, Austria, on Nov. 22.
Photographer: Akos Stiller/Bloomberg

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By Marton Eder

November 23, 2021 at 9:42 AM UTC

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Austria’s latest efforts to curb the coronavirus pandemic may cost as much as 1.2 billion euros ($1.35 billion) a week and force some 400,000 workers onto a government-subsidized job program.