Ireland can learn from German economic response to Covid-19, says Paschal Donohoe

Irish Times | Oct 1, 2020 at 7:26 PM
  • Ireland can learn lessons from the success of Kurzarbeit, Germany’s short-time work scheme, Minister for Finance Paschal Donohoe told the Oireachtas budget oversight committee on Thursday.
  • Ensuring “elements” of it are ready to be reactivated in the future might make “a big difference in terms of saving jobs”.
  • The Government introduced its first subsidy scheme, the temporary Covid-19 wage subsidy scheme (TWSS), on March 26th.