The Government provided financial assistance in the form of employment retention subsidies, which for micro and small and medium-sized enterprises amounted to about 65% of total labour costs. This package successfully contained the expansion of poverty caused by the coronavirus pandemic, but challenges remain according to the European Bank for Reconstruction and Development (EBRD). The coronavirus pandemic hit micro enterprises the hardest and led to a decline in working hours during the second quarter of 2020 equivalent to the loss of 510,000 full-time jobs.
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For more information, please contact Paul de Beer or Oana Ciuca or Sjaak van der Velden, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org.
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