Swiss plan to expand coronavirus aid for hard-hit companies


Reuters | Zurich | Updated: 18-11-2020 19:00 IST | Created: 18-11-2020 19:00 IST
Swiss plan to expand coronavirus aid for hard-hit companies
  • Country:
  • United States

The Swiss government proposed on Wednesday expanding its hardship support programme for companies particular badly hit by the coronavirus pandemic from 400 million Swiss francs ($439 million) to 1 billion francs.

The government said it will pick up most of the bill for the expanded scheme if parliament approves, paying up to two-thirds of the costs with the remainder being paid for by regional governments. ($1 = 0.9110 Swiss francs)

Also Read: Swiss police arrest two men in probe of links to Vienna attack

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback