Covid news live: Austria enters nationwide lockdown, Australia eases international border restrictions | World news

The Cabinet subcommittee on economics will receive an update on financial supports amid widespread infections across the State and new restrictions being imposed on businesses, particularly in the hospitality sector.

While a proposal is anticipated in relation to the employment wage subsidy scheme (EWSS), a number of sources said they did not expect the Government to reverse reductions in pandemic unemployment payment (PUP) from €250 per week to €200, which kicked in last week.

The EWSS gives businesses impacted by Covid-19 a subsidy per employee to help keep them in work. Payments for each employee are due to fall to €203 per week on December 1st, from the existing rates of €250 and €350. For those receiving €203 at present, this is due to fall to €151.

The subcommittee – which includes the five most senior ministers in government – will discuss putting a stay on those reductions until after the Christmas period.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *