3 years, 5 months ago
230,000 jobs, 5,300 businesses saved by gov't Covid support: Rabobank
NL TimesA massive 230 thousand job losses and 5,300 bankruptcies were prevented during the coronavirus pandemic, Rabobank calculated. "Economists assume certain laws," Hugo Erken of Rabobank said. These support measures had a hefty price tag, with the State paying out some 20 billion euros in advances through the NOW regulation alone. "Then confidence would have been hit people would have started spending less, perhaps a large part of the vital company infrastructure would have collapsed."
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History of this topic
2 years, 7 months ago
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