EUR 130 million worth of downtime benefits to be paid out to approximately 465,000 workers

  • 2020-03-27
  • LETA/TBT Staff
RIGA - Approximately EUR 130 million will be paid out to 465,000 workers in downtime benefits, according to provisional calculations by the Ministry of Economics (EM). The ministry, citing data from the State Revenue Service, indicated that more than 52,000 companies, employing a total of 465,000 employees, could qualify to receive the benefits. "Assuming that in the most pessimistic scenario the downtime allowance would be claimed by all employees in approximately 20% of businesses in the country, with the average monthly payment at around EUR 700...
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