A man walks next to closed shops in Vienna. Reuters

Austria will help with up to 38 billion euros ($42bn) to secure jobs and make sure coronavirus hit companies remain liquid, Chancellor Sebastian Kurz said.

“With the clear goal, no matter what it takes, we try to support the people in our country,” said Kurz.

Austria will also provide another nine billion euros in guarantees and warranties, 15 billion euros in emergency aid and 10 billion euros in tax deferrals, he said.

Leave a reply

WP2Social Auto Publish Powered By : XYZScripts.com

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.