|Economy||Measure Code||Measure||Currency Code||Amount (Local)||Amount (USD)||Source||Post Date||Details|
|Australia||05||05 - Health and income support||AUD||311,847,500,000||193,906,775,367|
|Australia||05A||05A - Health support||AUD||135,827,000,000||84,457,228,542||Office of the Prime Minister. https://www.pm.gov.au/media/24-billion-health-plan-fight-covid-19 (accessed 3 June 2020); Department of Health. https://www.health.gov.au/news/covid-19-supporting-senior-australians-and-those-who-care-for-them (accessed 3 June 2020); Department of Health. https://www.health.gov.au/ministers/senator-the-hon-richard-colbeck/media/new-covid-19-payment-to-keep-senior-australians-in-residential-aged-care-safe (accessed 3 June 2020); Office of the Prime Minister. https://www.pm.gov.au/media/11-billion-support-more-mental-health-medicare-and-domestic-violence-services-0 (accessed 3 June 2020); Department of Health. https://www.health.gov.au/ministers/the-hon-greg-hunt-mp/media/3-million-to-boost-the-national-coordinated-covid-19-research-response (accessed 3 June 2020); Office of the Prime Minister of Australia. https://www.pm.gov.au/media/update-coronavirus-measures-15may20 (accessed on 20 May 2020); Department of Health. https://www.health.gov.au/ministers/the-hon-greg-hunt-mp/media/additional-20-million-for-mental-health-and-suicide-prevention-research (accessed 26 May 2020); Office of the Prime Minister. https://www.pm.gov.au/media/commonwealth-and-states-sign-131-billion-five-year-hospitals-agreement (accessed 4 June 2020); Department of Health. https://www.health.gov.au/ministers/the-hon-greg-hunt-mp/media/additional-funding-to-reinforce-australias-aged-care-sector (accessed 1 September 2020).||
(i) March 11, The Australian Government has unveiled a comprehensive AUD2.4 billion health package to protect all Australians, including vulnerable groups such as the elderly, those with chronic conditions and Indigenous communities, from the coronavirus (COVID-19); (ii) March 21, The National Cabinet announced additional funding of AUD444.6 million for the aged care sector to ensure the continuity of the aged care workforce. May 5, The Australian Government is providing an additional AUD205 million in specific COVID-19 aged care funding. August 31, an additional AUD563.3 million has been allocated to the aged care sector [update]; (iii) March 29, (a) AUD669 million will be provided to expand Medicare-subsidised telehealth services for all Australians, with extra incentives to GPs and other health practitioners also delivered; and (b) AUD74 million will be provided to support the mental health and wellbeing of all Australians; (iv) April 15, AUD3 million further funding to support frontline health workers with training and information on the treatment of coronavirus; (v) May 15, The government announced AUD48.1 million funding for the National Mental Health and Wellbeing Pandemic Response Plan; (vi) May 25, An additional AUD20 million is announced for Mental Health and Suicide Prevention Research; (vii) May 29, The Commonwealth will invest an estimated AUD131.4 billion in the new 2020‑25 National Health Reform Agreement to provide additional funding to public hospitals over five years from 2020–21.
|Australia||05B||05B - Income support||AUD||176,020,500,000||109,449,546,825||Department of Treasury. https://treasury.gov.au/sites/default/files/2020-05/Overview-Economic_Response_to_the_Coronavirus_3.pdf (accessed 3 June 2020); Department of Treasury. https://treasury.gov.au/media-release/jobkeeper-update (accessed on 3 June 2020); Office of the Prime Minister. https://www.pm.gov.au/media/11-billion-support-more-mental-health-medicare-and-domestic-violence-services-0 (accessed 3 June 2020); Department of Education, Skills, and Employment (DESE). https://ministers.dese.gov.au/morrison/early-childhood-education-and-care-relief-package (accessed 3 June 2020); DESE. https://ministers.dese.gov.au/tehan/response-child-care-review (accessed 3 June 2020); Department of Treasury. https://treasury.gov.au/sites/default/files/2020-06/Fact_sheet_HomeBuilder.pdf (accessed 5 June 2020); DESE. https://ministers.dese.gov.au/tehan/return-child-care-subsidy (accessed 10 June 2020); Office of the Prime Minister. https://www.pm.gov.au/media/250-million-jobmaker-plan-restart-australias-creative-economy (accessed 8 July 2020); Office of the Prime Minister. https://www.pm.gov.au/media/supporting-older-australians (accessed 8 July 2020); Office of the Prime Minister. https://www.pm.gov.au/media/jobtrainer-skills-package-economic-recovery-and-growth (accessed 22 July 2020); Department of the Treasury. https://treasury.gov.au/sites/default/files/2020-07/Fact_sheet-JobKeeper_Payment_extension_0.pdf (accessed 22 July 2020); Office of the Prime Minister. https://www.pm.gov.au/media/jobkeeper-payment-and-income-support-extended (accessed 22 July 2020); Department of the Treasury. https://treasury.gov.au/sites/default/files/2020-07/Fact_sheet-Income_Support_for_Individuals_1.pdf (accessed 22 July 2020); DESE. https://www.dese.gov.au/covid-19/job-seekers (accessed 30 July 2020); Australian Government. https://www.servicesaustralia.gov.au/individuals/services/centrelink/pandemic-leave-disaster-payment (accessed 06 August 2020); DESE. https://ministers.dese.gov.au/morrison/support-victorian-families-childcare-workers-and-services (accessed 06 August 2020); Office of the Prime Minister. https://www.pm.gov.au/media/more-support-more-businesses-and-workers (accessed 07 August 2020); Office of the Prime Minister. https://www.pm.gov.au/media/1b-accelerate-defence-initiatives-covid-19-recovery (accessed 26 August 2020).||
Three economic stimulus packages, i.e. (i) Support for individuals and households including (a) income support for individuals (AUD14,133 million), (b) payment to support households (AUD8,830 million), (c) temporary early release of superannuation (AUD1,150 million), (d) No amount/estimate, temporarily reduce superannuation minimum drawdown rates, (e) lower the social security deeming rates (AUD876 million); (ii) Support for business including (a) JobKeeper payment (AUD70,000 million), (b) boosting cash flow for employers (AUD31,900 million), (c) No amount/estimate, temporary relief for financially distressed businesses, (d) increasing the instant asset write-off (AUD700 million), (e) backing business investment (AUD3,200 million), (f) supporting apprentices and trainees (AUD1,265 million), (g) support for Coronavirus affected regions and communities (AUD1,000 million), (h) support for Australian airlines and airports (AUD715 million); (iii) March 29, AUD150 million will be provided to support Australians experiencing domestic, family and sexual violence due to the fallout from coronavirus; and (b) an additional AUD200 million will be provided to support charities and other community organisations which provide emergency and food relief as demand surges as a result of coronavirus; (iv) April 2, The Commonwealth government has committed to provide free childcare to around one million families and announced targeted support to the education system. The sector is expected to receive AUD1.6 billion over the coming three months from taxpayer subsidies. On May 20, the Ministry of Education announced an additional AUD12.8 million in funding, i.e. (a) AUD12 million provided for child care services that have more than 30% of full-time equivalent staff ineligible for JobKeeper Payments, and (b) AUD800,000 to increase the level of funding for in-home care providers; (v) June 4, The government announced a HomeBuilder program offering AUD25,000 grants to new home builders and renovators from June 4 to December 31, 2020. HomeBuilder will be implemented via a National Partnership Agreement, signed by the Commonwealth and State and Territory governments and is expected to cost AUD680 million; (vi) June 8, The government announced that it will resume the Child Care Subsidy (CCS) to support families to access affordable child care starting July 13 and will pay approximately AUD2 billion this quarter to eligible families; (vii) June 25, AUD250 million targeted package through the JobMaker plan to be implemented in the next 12 months to help restart the creative economy and get the entertainment, arts and screen sectors back to work; (viii) July 8, AUD325.7 million investment in new home care packages by the government for older Australians; (ix) July 16, AUD2 billion support for the JobTrainer package to give Australians access to new skills by retraining and upskilling them into sectors with job opportunities, as the economy recovers from COVID-19; (x) July 21, The Government is extending the JobKeeper Payment until March 2021 with a reduced payment rate. Support will be targeted to businesses (including the self-employed) and not-for-profits that continue to be significantly impacted by the coronavirus. The new arrangements for the JobKeeper Payment are expected to cost an additional AUD16.6 billion; (x) July 21, The Government will extend the payment period of the temporary Coronavirus Supplement for those on income support from September to December 2020. The new arrangements for the Coronavirus Supplement are expected to cost an additional AUD3.8 billion; (xi) No amount/estimate: July 22, Mutual obligation requirements will continue to be gradually introduced starting August 4, 2020. Job seekers must be willing to accept any offer of suitable paid work or face penalties if a job seeker refuses a job without a reasonable excuse. Mutual obligation requirements are tasks and activities agreed upon while getting certain payments from the government; (xii) No amount/estimate: August 5, The Australian Government announced the Pandemic Leave Disaster Payment support for Victorians who can't earn an income because they must self-isolate or quarantine at home or they are caring for someone with COVID-19. The support runs until February 2021; (xiii) August 5, the Australian government announced that it will invest AUD33 million to provide child care relief for Victorian families. Families in Stage 4 lockdown are also entitled to receive an additional 30 days, or six weeks, of allowable absences from childcare; (xiv) August 7, the JobKeeper program was adjusted to expand employee eligibility to accommodate more firms needing the support. The adjustment is expected to cost around AUD15.6 billion in 2020-21; (xv) August 26, The government has announced a AUD1 billion investment package to boost Australia’s defence industry and support jobs across the country. The package is estimated to support around 4,000 jobs across Australia and help many small and medium sized businesses in the defence-industry supply chain [update].
|Australia||12||12 - Non-Economic Measures||AUD||Department of Health, Australian Government. https://www.health.gov.au/news/health-alerts/novel-coronavirus-2019-ncov-health-alert/government-response-to-the-covid-19-outbreak (accessed on 05 May 2020); Government of Australia COVID19 official website. https://www.australia.gov.au/coronavirus-updates (accessed 3 June 2020); Department of Health. https://www.health.gov.au/news/state-quarantine-requirements-for-interstate-travel (accessed 22 July 2020); Department of Health. https://www.health.gov.au/news/should-i-wear-a-face-mask-in-public-0 (accessed 30 July 2020).||
March: (i) Travel restrictions, screening travelers who arrive in Australia and ensuring they self-isolate on arrival, continuing with border surveillance; (ii Enforcing social distancing measures, testing people suspected of the disease, and isolating people with the virus and their close contacts; (iii) Increasing of health system capacity; (iv) Delivering support to Australians experiencing domestic, family, and sexual violence due to the fallout of coronavirus; (v) Putting limits on some prescription and over the counter medications, to make sure those who need them can access them; (vi) April 26, The COVIDSafe app is available for voluntary download to speed up contacting people exposed to coronavirus; (vii) May 8, The National Cabinet will consider the first phase of easing COVID-19 restrictions. Some states and territories have begun easing selected regional restrictions; (viii) July 14, State and territory governments have imposed a range of interstate travel restrictions, including the closure of certain state borders and 14-day quarantine period upon arrival of travellers; (ix) July 30, the government published guidance on wearing face masks.
|Austria||05||05 - Health and income support||EUR||52,384,000,000||57,946,902,655|
|Austria||05A||05A - Health support||EUR||339,000,000||375,000,000||OECD. http://www.oecd.org/coronavirus/en/#country-tracker (accessed 15 April 2020).||
(i) Additional capacities for mobile and stationary care (EUR100 million); (ii) EUR60 million are granted to the health system; (iii) EUR 130 million are given to hospitals for equipment and to finance over-time payments; (iv) EUR36 million are disbursed to incentivize eligible research on COVID-19 by Austrian firms; (v) EUR13 million on medical supplies.
|Austria||05B||05B - Income support||EUR||52,045,000,000||57,571,902,655||European Commission. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1456 (accessed 15 August 2020). BMF. https://www.bmf.gv.at/presse/pressemeldungen/2020/august/fixkostenzuschuss-verlaengerung.html (accessed 27 August 2020). https://www.bmf.gv.at/presse/pressemeldungen/2020/juli/brutto-netto-rechner.html (accessed 31 July 2020). https://www.bmafj.gv.at/Services/Presse/Presseaussendungen/PA-16-Juli-2020.html (accessed 23 July 2020). https://www.bmf.gv.at/en/press/press-releases/2020/June/16-June-2020-government-consultation--%E2%82%AC50-billion-for-rescue,-relief-and-investments-.html (accessed 20 June 2020), https://www.bmafj.gv.at/Services/Presse/Presseaussendungen/PA_17_Juni_2020.html (accessed 19 June 2020), https://www.bmf.gv.at/presse/pressemeldungen/2020/juni/mwst-senkung.html (accessed 17 June 2020). https://www.bmf.gv.at/presse/pressemeldungen/2020/juni/regierungsklausur.html (accessed 17 June 2020), https://www.bmf.gv.at/presse/pressemeldungen/2020/Mai/kulturpaket.html (accessed 29 May 2020), https://www.bmf.gv.at/presse/pressemeldungen/2020/Mai/haertefallfonds.html (accessed 28 May 2020), https://www.bmf.gv.at/presse/pressemeldungen/2020/Mai/gemeindepaket.html (accessed 26 May 2020), https://www.bmf.gv.at/presse/pressemeldungen/2020/Mai/fixkostenzuschuss.html, https://www.bmf.gv.at/presse/pressemeldungen/2020/Mai/kurzarbeit-mittel-erhoeht.html (both accessed 21 May 2020). IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#A (accessed 20 May 2020); OECD. http://www.oecd.org/coronavirus/en/#country-tracker (accessed 24 June 2020); Yale. https://som.yale.edu/faculty-research-centers/centers-initiatives/program-on-financial-stability/covid-19-crisis (accessed 21 May 2020).||
(i) EUR15 billion emergency funds for hard-hit industries to provide direct liquidity provisions and subsidies for running costs. On April 27, expanded Phase 2 of the hardship fund, through which SMEs may request up to 6000 Euros from the government; (ii) EUR10 billion for payment deferrals of personal income and corporate income taxes; (iii) No amount/estimate: rent payment deferrals; (iv) No amount/estimate: May 13, proposed a more simple calculation method to determine monetary subsidies by companies to their employees from their own accounts and from the government's funding. Under the new system, no employee should have any losses; (v) May 20, Increased to EUR12 billion (from EUR10 billion on April 13 and EUR5 billion originally) funds for short-time working, self-employed and funds to finance increased costs of caretaking, etc.; (vi) May 21, EUR1.2 billion is being rolled out by authorities as new fiscal measures including tax relief measures for the hospitality sector of EUR500 million and support to non-profit organizations of EUR700 million; (vii) No amount/estimate: May 21, Applications for the fixed subsidy have already started, with the first payments being disbursed by end of May. The Ministry of Finance will reimburse up to 75% of a company's fixed costs for up to 3 months; (vii) May 25, EUR1 billion in grants from the federal government to municipalities, geared towards support for infrastructure investment (e.g. schools, public transportation, energy production); (viii) May 27, increase in the minimum payment amount of the hardship fund to EUR500, and added another EUR500 comeback bonus, dedicated to entrepreneurs having hardships during the pandemic; (ix) May 28, Allocated EUR90 million to support freelance artists up to EUR1000 a month; (x) To jump-start the economy, a new tax incentive was introduced for companies that recruit apprentices, with EUR2,000 per position created between March 16 and October 31 of this year; (xi) June 12, Reduced VAT to 5% to support the catering trade, the cultural sector and the publishing sector; (xii) June 12, Deferred taxes to January 15, 2021. (xiii) June 16, reduced the lowest income tax bracket tax level from 25% to 20%. As of July 30, this was announced to be retroactively applied from January 1, 2020. There will also be a loss carryback, with business losses being offset against profits in 2019 and 2018, so that some of the deferred taxes may not have to be paid back at all. (xiv) June 16, extended Austria's fixed cost subsidy; (xv) June 16, fiscal package was increased by EUR12 billion to include stimulus measures, including investment in climate protection, affordable housing, health, and digitalisation and a one-off support for unemployed and families. Several specific tax relief measures are aimed at the agricultural and forestry sectors, culture and publishing; (xvi) June 17, Reserved EUR30 million for childcare in the summer from the municipal package; No amount/estimate: (xvi) June 26, Allocated another EUR30 million to Family Crisis Fund to support low income families, with the amounts to be transffered on July 13. As of July 16, this amount has been increased to EUR60 million. (xviii) June 30, Increased the top tax rate of 55% for incomes from EUR1 million until 2025; (ix) July 30, an additional bonus of EUR360 per child will be given on September 30 for each family eligible for family allowance; (x) July 30, In order to relieve employees who do not receive taxable income (up to EUR11,000), the traffic tax credit has been increased from a maximum of EUR 300 to a maximum of EUR 400. This covers commuting expenses from work to home; (xi) July 30, The SV reimbursement (for social securtiy contributions) will also be increased from EUR 300 to EUR 400. This applies from the assessment for the calendar year 2020; (xii) August 6, EUR665 million Austrian scheme to support non-profit organisations (NPOs) and their related entities in the context of the coronavirus outbreak. This has been approved by the European Commission; (xiii) August 24, Extended the fixed cost subsidy for businesses, doubled the length of time it can be received and reduced application requirements [update]. As of September 3, the rate has also been increased to 100% (versus 75% in the initial version). update]
|Austria||12||12 - Non-Economic Measures||EUR||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 16 July 2020).||
(i) The authorities have progressively tightened containment measures between mid-March and mid-April. Initially targeted to travel to and from Italy and self-quarantine for people with symptoms, the measures progressed to bans on large gathering in public spaces, replacing schools, and university classes with home learnings, and isolation of several ski resorts. By March 16, leaving home was banned by law with limited exceptions. For all judicial and administrative procedures, the clock was put on hold to avoid hardship due to missed deadlines. (ii) April 13, gradual re-opening of the economy has started, from small shops, construction and garden centers, while other stores and hairdressers were allowed to open at the beginning of May. By mid-May when religious services, outdoor sports, museums, libraries, and archives reopened, and the Bundesliga was allowed to restart. Open air markets and business premises are exempted from the mandate on mouth and nose protective masks since June 1. The re-opening process is expected to last through June though some steps were accelerated recently due to low infection rates, such as the reopening of the borders with Germany, Switzerland, Lichtenstein, Czech Republic, Slovakia, and Hungary from June 5; (iii) June 15, the standing obligation for all persons to wear a face mask was limited to public transportation, pharmacies and services when a 1-meter distance cannot be maintained, or no other protective measures are available; (iv) 16 June, travelling restrictions were lifted for most European countries; (v) A pickup in the infection rate in some areas has prompted the authorities to tighten previously relaxed containment measures such as mandatory mask wearing in some areas.
|Belgium||05||05 - Health and income support||EUR||10,550,000,000||11,670,353,982||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 20 May 2020).||
(i) EUR6.4 billion in total measures as part of the fiscal package outlined in the Stability Program to adress the crises. Key fiscal support measures include: boosting health expenditure and increasing support for those in temporary unemployment and self-employed; (ii) EUR3.8 billion (increased from EUR1.7 billion) regional governments' support to affected firms and sectors, and transfers to affected households.
|Belgium||05A||05A - Health support||EUR||1,200,000,000||1,327,433,628||European Commission. https://ec.europa.eu/info/sites/info/files/2020-european-semester-stability-programme-belgium_fr.pdf (accessed 24 May 2020).||
Of the total packages, around EUR1.2 billion are dedicated to health initiatives, with EUR1 billion for federal intiatives and EUR0.2 billion for regional.
|Belgium||05B||05B - Income support||EUR||9,350,000,000||10,342,920,354||European Commission. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1507 (accessed 27 August 2020). Belgium Government. https://news.belgium.be/fr/prise-en-compte-du-conge-parental-corona-dans-la-pension-des-membres-du-personnel-de-la-fonction (accessed 12 August 2020), https://news.belgium.be/fr/covid-19-indemnite-de-crise-supplementaire-pour-certains-independants-et-conjoints-aidants-reconnus (accessed 25 July 2020), https://news.belgium.be/fr/financement-de-skeyes-suite-la-pandemie-due-au-covid-19 (accessed 18 July 2020). Federale Overheidsdienst Financien. https://financien.belgium.be/nl/Actueel/update-covid-19-verlenging-van-de-termijn-van-vrijstelling-van-rechten-en-btw-bij-invoer-op (accessed 30 July 2020). https://financien.belgium.be/nl/Actueel/vrijgestelde-reserve-ter-versterking-van-de-solvabiliteit-en-het-eigen-vermogen-ten-gevolge (accessed 2 July 2020). Service Public Federal Finances. https://finances.belgium.be/fr/douanes_accises/entreprises/corona-informations-et-mesures/mesures-de-soutien-relatives-aux-d%c3%a9lais (accessed 26 June 2020), https://finances.belgium.be/fr/Actualites/diminution-temporaire-taux-tva-secteur-horeca (accessed 14 June 2020). European Commission. https://ec.europa.eu/info/sites/info/files/2020-european-semester-stability-programme-belgium_fr.pdf (accessed 24 May 2020).||
(i) On the other hand, non-health initiatives total EUR9 billion, with EUR5.3 billion for federal and EUR3.7 billion for regional; (ii) April 3, exemptions from VAT and import duties for goods needed to mitigate the effects of COVID-19 were granted. As of July 23, this measure has been extended until October 31, 2020; (iii) In addition, reduced the VAT rate applicable to some restaurant and catering services to 6% until the end of 2020; (iv) June 9, Support measures relating to payment periods have been approved, and extension of the payment periods for VAT and Excessive Duties extend to December 31; (v) June 26, Temporary exemption from corporate tax based on losses incurred during the next tax period; (vi) July 10, EUR45 million in grants to skeyes (Belgian air navigation service) to ensure the operational and financial sustainability of the public enterprise in 2020; (vii) July 10, An advanced payment of EUR15 million was made to skeyes (Belgian air navigation service) for terminal fees for the latter half of the year; (viii) No amount/estimate: July 17, Additional crisis allowance for certain self-employed persons and assisting spouses recognized as incapacitated for work due to the containment measures; (ix) July 24, Considered coronavirus parental leaves in computing for the pension of the civil service; (x) August 21, European Commission approved the EUR290 million Belgian support to Brussels Airlines in the context of the coronavirus outbreak. [update]
|Belgium||12||12 - Non-Economic Measures||EUR||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 03 September 2020).||
(i) The minority government-which has been granted enhanced executive powers-has implemented a range of measures to reduce the spread of the coronavirus, including school and retail shop closures, a ban on all gatherings, limiting movement to essential needs, ban of non-essential travel abroad; (ii) The government has announced a phased conditional on health outcomes. On this basis, manufacturing and business services sectors were reopened on May 4, to be followed by shops (May 11 and May 18). Schools will also start to gradually reopen from May 18. The reopening of other sectors and overseas travel will be assessed by June 8, while sporting events remain banned until July 31; (iii) June 11, Hospitality, cultural, and non-contact sports activities (without audience) as well as religious services were allowed to resume as of June 8. Domestic travel restrictions have been lifted; (iv) June 18, travel restrictions within the Schengen area have also been lifted; (v) July 23, Due to the recent rise in the number of new cases, the government decided to put the 5th phase of reopening on hold, imposed new preventive measures and further decentralized decision making regarding mask wearing to local authorities; (vi) August 20, the government decided to ease some restrictions, while keeping social distancing rules in place until at least end-September. For instance, shopping and events are now permitted. [update]
|Canada||05||05 - Health and income support||CAD||48,839,100,000||35,003,834,438|
|Canada||05A||05A - Health support||CAD||77,500,000||55,545,601||Department of Finance Canada. https://www.canada.ca/en/department-finance/news/2020/05/government-provides-tariff-relief-to-importers-of-certain-medical-goods.html (accessed 10 June 2020).||
(i) CAD77.5 million - Personal protective equipment (PPE).
|Canada||05B||05B - Income support||CAD||48,761,600,000||34,948,288,837||Department of Finance Canada.. https://www.canada.ca/en/department-finance/economic-response-plan.html?topic=ex-col-faq (accessed 10 June 2020). Department of Finance https://www.canada.ca/en/department-finance/news/2020/07/supporting-canadian-workers-and-businesses-with-a-redesigned-canada-emergency-wage-subsidy.html (accessed 20 July 2020). Department of Finance https://www.canada.ca/en/department-finance/news/2020/07/government-legislation-to-support-canadian-workers-businesses-persons-with-disabilities-and-legal-rights-receives-royal-assent.html (accessed 31 July 2020). Department of Finance https://www.canada.ca/en/department-finance/news/2020/07/government-announces-new-extension-of-rent-relief-for-small-businesses.html (accessed 1 August 2020)||
(i) Emergency care benefit - CAD10 billion; (ii) Emergency Support Benefit - CAD5 billion; (iii) GST Credit - CAD5.5 billion; (iv) Enhanced Canada Child Benefit - CAD1.9 billion; (v) Temporary Business Wage Subsidy - CAD3.8 billion; (vi) Canada Student Loan Payments - CAD190 million; (vii) Support for Indigenous Communities - CAD305 million; (viii) Support for people experiencing homelessness (through Reaching Home) - CAD157.5 million; (ix) Support for women’s shelters and sexual assault centres including on reserve - CAD50 million; (x) Lower Registered Retirement Income Fund Minimum Withdrawal Amounts - CAD495 million; (xi) CAD10.5 billion as of June 8; Canada Emergency Wage subsidy (CEWS) calculator, the CEWS applies at a rate of 75% of the first CAD58,700 normally earned by employees-representing a benefit of up to CAD847 per week, per employee. The program is in place for a 12-week period, from March 15 to June 6, 2020; (xii) CAD20.1 million in support for Futurpreneur Canada to continue supporting young entrepreneurs across Canada who are facing challenges due to COVID-19; (xiii) CAD15 million in non-repayable support for businesses in the territories to help address the impacts of COVID-19; (xiv) CAD675 million to give financing support to small and medium-sized businesses that are unable to access other COVID-19 business supports, through Canada's Regional Development Agencies; (xv) CAD274 million - Creating new jobs and opportunities for youth; (xvi) No amount/estimate: Canada Emergency Response Benefit (CERB) provides a taxable benefit of CAD2,000 every 4 weeks for up to 16 weeks to eligible workers who have lost their income due to COVID-19; (xvii) CAD2.47 billion - clean energy; (xviii) CAD350 million - to support vulnerable Canadians through charities and non-profit organizations; (xviii) No amount/estimate: Waiving ground lease rents through December 2020 for airport authorities that pay rent to the federal government; (xix) CAD500 million - COVID-19 Emergency Support Fund for cultural, heritage, and sport organization to address financial needs of affected organizations so they can continue to support artists and athletes; (xx) CAD5.365 billion for agriculture and fisheries; (xxi) No amount/estimate: Increased payments of 50% to 75% to AgriStability to support farmers that face significant revenue declines; (xxiii) No amount/estimate: Flexibility for individual and corporate taxpayers (tax payment deferral until September); (xxiv) AgriRecovery initiative of up to CAD125 million to help producers faced with additional costs incurred such as set-asides for cattle and hog management programs to manage livestock backed-up on farms, due to temporary closure of food processing plants; (xxv) Surplus Food Purchase Program of CAD50 million to help redistribute existing and unsold food inventories; (xxvi) No amount/estimate; July 20, the Finance Ministry announced proposed changes to the Canada Emergency Wage Subsidy (CEWS) that would extend it to December 19, 2020, make the subsidy eligible to a broader range of employers by including those with a revenue decline of less than 30 percent, introduce a top-up subsidy up to an additional 25 percent for employers most adversely affected; (xxvii) July 27, the Department of Finance announced that Bill C-20, An Act Respecting Further COVID-19 Measures, ensures the CEWS continues through December 19, 2020, is now accessible to a broader range of employers, introduces a top-up subsidy of up to an additional 25 percent employers most adversely affected by COVID-19; the Bill also provides a one-time non-taxable payment of up to CAD600 to approximately 1.7 million to eligible disabled individuals--amount = 1.7 million x CAD600 = CAD1.02 billion; (xxviii) No amount/estimate: July 31, the Department of Finance announced an extension of rent relief for small businesses by one month through the Canada Emergency Commercial Rent Assistance;
|Canada||12||12 - Non-Economic Measures||CAD||International Monetary Fund. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#C (accessed 10 June 2020).||
(i) Travel restrictions; (ii) Social distancing measures; (iii) Declarations of states of emergency; (iv) Closures of non-essential businesses in some provinces; (v) Reopening the economy. On April 28, Prime Minister Trudeau released a joint statement with premiers across Canada on their shared public health approach to support restarting the economy; all provinces have begun to implement plans to reopen.
|Denmark||05||05 - Health and income support||DKK||270,037,000,000||39,978,667,523|
|Denmark||05A||05A - Health support||DKK||2,350,000,000||347,914,799||OECD. http://www.oecd.org/coronavirus/en/#country-tracker (accessed 30 April 2020). IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 10 June 2020). Denmark government. https://sim.dk/nyheder/nyhedsarkiv/2020/jul/kommunerne-faar-8-9-mia-kr-ekstra-udbetalt-efter-covid-19/ (accessed 2 July 2020)||
(i) March 30, DKK150 million in subsidies provided to health research specifically related to COVID-19; (ii) Recently an additional DKK 0.8 billion has been allocated to hire more social and health workers nationwide; (iii) July 1, DKK1.4 billion disbursed to municipalities for protective equipment and extra cleaning.
|Denmark||05B||05B - Income support||DKK||267,687,000,000||39,630,752,723||OECD. http://www.oecd.org/coronavirus/en/#country-tracker (accessed 30 April 2020). https://bm.dk/nyheder-presse/pressemeddelelser/2020/06/alle-foraeldre-faar-ret-til-et-halvt-aars-sorgorlov/ (accessed 18 June 2020). https://bm.dk/nyheder-presse/nyheder/2020/06/oversigt-disse-personer-er-berettigeret-til-engangstilskud-paa-1000-kr/ (accessed 18 June 2020). Denmark government. https://sim.dk/nyheder/nyhedsarkiv/2020/jul/kommunerne-faar-8-9-mia-kr-ekstra-udbetalt-efter-covid-19/ (accessed 13 August 2020). European Commission. https://www.eureporter.co/frontpage/2020/08/04/commission-approves-cohesion-policy-funds-redirection-to-mitigate-the-impact-of-coronavirus-in-denmark-and-near-the-hungarian-slovakian-border (accessed 6 July 2020)||
(i) March 10, DKK32.5 billion liquidity effect of deferral of monthly VAT payments for large firms; (ii) March 12, No amount/estimate: Short-time Work Scheme made more flexible; (iii) DKK10 million for upskilling of dismissed employees; (iv) DKK1.7 billion sickness benefit reimbursement available from 27 February to 1 January 2021; (v) March 26, DKK1.1 billion liquidity effect of deferral of property taxes; (vi) DKK2.5 billion frontloading of investments in e.g. energy renovation and similar initiatives in municipalities; (vii) March 26, DKK6.5 billion frontloading of payment by local governments to firms; (viii) March, DKK74 billion liquidity effect of deferral of income tax payment and labor market contributions; (ix) April 1, DKK300 million compensation scheme to event organizer companies extended; (x) April 7, DKK1.2 billion for a range of minor support schemes established to support agents and businesses with cultural activities, sports and private education; (xi) April 18, DKK6 billion for the Job Retention Scheme available from 9 March to 8 July 2020. Take-up rate around 5% of the labour force (150,000 employees) on 19 April; (xii) April 18, DKK277 million for increased access to unemployment and sickness benefits. As of June 5, the wage compensation has been extended to August 29; (xiii) April 18, DKK65.3 billion compensation scheme for companies’ fixed costs available for the period 9 March to 8 July; (xiv) April 18, DKK14.3 billion compensation scheme for self-employed; (xv) April 18, DKK350 million for Innovation and Sustainable Growth in Business Scheme to support new projects. As of August 5, the European Commission has approved the extension of this program to help affected companies restructure and consolidate themselves. The modification will also improve cooperation between large companies and SMEs in green transition; (xvi) April, DKK35.4 billion VAT payments already made for second half and last quarter of 2019 are made available as interest free loans; (xvii) April, DKK5 billion liquidity impact of deferral of provisional taxes for self-employed; (xviii) May 14, No amount/estimate: Increased holiday and time-off benefits for students, apprentices, and trainees; (xix) May 20, Established a pool of DKK20 million to sponsor collegiate, cultural, and sporting activities for vulnerable and elderly citizens during the coronavirus crisis. The pool is managed by the Ministry of Culture's Palace and Culture Board; (xx) May 26, No amount/estimate: Relaxed requirements to receive pension and unemployment benefits; (xxi) May 26, No amount/estimate: Frozen holiday funds must be paid out by employers by September 1, 2020; (xxii) May 28, DKK18 billion from further VAT deferrals for medium-sized firms; (xxiii) No amount/estimate: June 4, Banned predatory mortgage loan providers, and created rules to facilitate settlement of those loans; (xxiv) No amount/estimate: June 15, Announced a one-time grant of DKK1,000 to be paid to beneficiaries who were fully or partially publicly supported by a public income transfer in the month of April; (xxv) No amount/estimate: June 15, Gives six months' grief leave to all parents who lose a child under the age of 18; (xxvi) No amount/estimate: Extended deadlines for Danish municipalities and regions to prepay deliveries worth DKK1 million (minus value added taxes) or less; (xxvii) DKK700 million summer fiscal package for the tourism, transportation, athletics, and culture sectors; (xxviii) No amount/estimate: Extend the suspension of the 225-hour rule for cash beneficiaries until September 8, 2020; (xxix) DKK730 million for increased unemployment benefits - unemployed people over 30 years will be entitled to take a vocational education of 110% unemployment benefit; (xxx) July 1, DKK7.5 billion disbursed to municipalities for transfer costs, employment grants, and other non-health expenditures. The other 1.4 billion of the 8.9 billion total package can be found in (iii) of Measure 5A; (xxxi) July 13, The European Commission has approved two Danish schemes to support self-employed workers and freelancers affected by the coronavirus outbreak: (a) DKK500 million for self-employed workers active in all sectors of the economy except the financial sector; (b) DKK200 million for self-employed workers and freelancers whose yearly income is strongly dependent on delivering goods or services linked to large events, which were initially planned for the summer of this year but had to be cancelled or postponed due to the emergency measures put in place by the Danish government to limit the spread of the coronavirus; (xxxii) July 14, DKK1.1 billion to compensate fixed costs of companies whose activities are still subject to the restrictive measures implemented by the Danish Government to limit the spread of the coronavirus. As of August 7, this measure has been extended to August 29 for companies which are still not allowed to open under the current rules.
|Denmark||12||12 - Non-Economic Measures||DKK||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 12 April 2020). The Local Denmark. https://www.thelocal.dk/20200517/denmark-begins-next-stage-of-reopening-after-lockdown (accessed 21 May 2020)||
(i) People returning from abroad are strongly encouraged to self-quarantine for two weeks. Borders have been closed and entry are only allowed for citizens and others with a critical reason to enter (e.g. work or visit sick family member). EU border restrictions apply as well. Borders remain fully open to transport of goods and capital flows. Air traffic is de facto shut down. All schools, childcare and education facilities were closed, but have gradually begun reopening as of May 20. Teaching continues through online distance learning platforms. The government has banned gatherings of more than 10 people (inside as well as outside), except in work places. Only food stores, pharmacies and stores allowing sufficient physical distance are allowed to remain open. All restaurants, bars and cultural premises as well personal services not allowing sufficient physical distance (e.g. hairdressers) are required to close; (ii) The authorities announced careful and gradual lift of some containment measures such as the opening of daycares, kindergartens and schools (up to 5th grade) by April 15 while others remain in place till May (e.g. no events with more than 10 people, closure of borders) and August (e.g. large gatherings). The gradual opening of the economy was extended to include additional health care sectors and liberal professions . The authorities adjusted the criteria for COVID-19 testing to enable a comprehensive testing of the population as part of the reopening strategy.
|Finland||05||05 - Health and income support||EUR||27,770,900,000||30,720,022,124|
|Finland||05A||05A - Health support||EUR||1,005,000,000||1,111,725,664||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 21 April 2020).||
March 20, (i) EUR1 billion for healthcare and testing, protection and medical equipment, public safety and border controls, and research on the coronavirus epidemic, in particular to develop methods for rapid diagnostics and vaccines and a knowledge base for timely decision-making on coronavirus measures, (especially on the exit strategy; (ii) EUR5 million contribution to international non-profit companies working on the development of a COVID-19 vaccine.
|Finland||05B||05B - Income support||EUR||26,765,900,000||29,608,296,460||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#F (accessed 9 May 2020); MEE. https://tem.fi/artikkeli/-/asset_publisher/ensimmaiset-valtionavustukset-kunnille-yksinyrittajien-tukemiseksi (accessed 3 May 2020); https://vm.fi/en/article/-/asset_publisher/10616/hallitus-paatti-vuoden-2020-neljannesta-lisatalousarvioesityksesta (accessed 9 June 2020); Ministry of Social Affairs and Health. https://stm.fi/en/article/-/asset_publisher/tyottomyysetuuden-suojaosaa-korotetaan-ja-liikkuvuusavustuksen-ehtoja-muutetaan-valiaikaisesti (accessed 19 June 2020); Ministry of Economic Affairs and Employment of Finland. https://tem.fi/en/-/hallitus-esittaa-jatkoa-toimille-joilla-on-tuotu-turvaa-ja-joustoa-tyomarkkinoille-korona-aikana (accessed 25 June 2020); Finnish Government. https://valtioneuvosto.fi/en/-/1410877/government-supports-the-recovery-and-development-of-tourism-with-additional-funding-of-eur-4.5-million (accessed 5 July 2020); Valtioneuvosto Statsradet. https://valtioneuvosto.fi/-/valtioneuvosto-antoi-asetuksen-meriliikenteen-tukemisesta (accessed 14 July 2020). Ministry of Economic Affairs and Employment of Finland. https://tem.fi/-/lisamaararahaa-jaettiin-elyille?languageId=en_US (accessed 3 September 2020).||
March 20, (i) EUR1.05 billion (increased from EUR900 million) in lower pension contributions through the remainder of 2020; (ii) EUR650 million for grants to SMEs and self-employed; and (iii) EUR3 billion for expanded parental allowance, social assistance and unemployment insurance; (iv) EUR4.5 billion i.7n tax and pension payment deferrals; (v) EU12 billion in increase in fiscal deficit from automatic stabilizers (4-5.0) percentage points of GDP; (vi) April 20, EUR250 million grants for sole proprietors for the cost of running business; (vii) EUR40 million to support restaurants in employing workers and EUR83 million compensation for the imposed restrictions on activities; (viii) EUR5.1 billion (which is part of the fourth supplementary budget of 6 June amounting to EUR 5.5 billion) focusing on aid to municipalities and measures supporting quick economic recovery. This stimulus package is aimed at boosting demand, improving Finland’s long-term growth prospects, combating climate change, promoting biodiversity, and reinforcing the entire country’s capabilities, resilience, self-sufficiency, and skills and competences. The package also includes measures supporting local government that are intended to secure basic services and alleviate the challenges for local government finances resulting from the virus crisis. The supplementary budget proposal also includes a set of measures to support the wellbeing of children and young people; (ix) No amount/estimate: June 11, The exempt amount of the unemployment benefit will be temporarily raised. Eligibility for commuting and relocation allowance for full-time work will be temporarily amended by decreasing the distance required for daily commuting. The aim is to improve the financial security of unemployed persons when they take part-time work or other short-term work in a situation where full-time work is not yet available. Another aim is to help people find full-time work or seasonal work critical for agriculture ; (x) No amount/estimate: June 5, The Government proposes to continue the measures that have secured the livelihoods of jobseekers and entrepreneurs and helped businesses to overcome the worst of the crisis. The measures concern lay-offs and co-operation procedures; the right of laid-off employees and entrepreneurs to unemployment benefit; and start-up funding; (xi) July 1, EUR4.5 million fund to develop tourism in regions (EUR4 million) and domestic campaign to promote domestic tourism (EUR0.5 million) ; (xii) EUR28.4 million compensation for maritime transport; (xiii) August 27, the Government decided in its fourth supplementary budget for 2020 on the regional allocation of employment appropriations for the management of the coronavirus crisis. A total of EUR60 million was allocated to the Centres for Economic Development, Transport and the Environment (Ely Centres). The appropriations will be mainly used for employment services and training for young people as well as for the development of competencies through training and coaching in cooperation with businesses [update].
|Finland||12||12 - Non-Economic Measures||EUR||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (1 May 2020); IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#C (acccessed 13 August 2020).||
March 16, the government invoked the Emergency Powers Act, which was used to close borders, restrict domestic movements, and expand service obligations of essential health-, social services-, and security personnel. Restrictions to and from the region of Helsinki were lifted on April 14. On May 4, the government announced a plan to lift broad restrictions in favor of more targeted containment measures, including: on May 14, resumption of primary and lower secondary school and cross-border movement of essential traffic; on June 1, reopening of restaurants and public facilities and limits on public gatherings increased from 10 to 50 people; on July 31, resumption of public events with more than 500 people. Effective June 16, the government repealed the use of powers under the Emergency Powers Act, declaring that the country is no longer in a state of emergency. Barring any significant setbacks, the restrictions on gatherings will be lifted altogether on October 1. On June 23, the government announced the lifting of internal border control and restrictions on traffic between Finland and countries with similar incidence of COVID-19 with a limit value of 8 new cases per 100,000 persons in the previous 14 days. As of July 13, travel between Finland and non-EU countries on the ‘green list’ approved by the Council of the European Union will be permitted subject to restrictions which depend on the incidence of COVID-19.
|France||05||05 - Health and income support||EUR||125,813,500,000||139,174,225,664|
|France||05A||05A - Health support||EUR||8,310,000,000||9,192,477,876||OECD. http://www.oecd.org/coronavirus/en/ (accessed 15 April 2020).||
(i) EUR260 million (from the unspent reserves in the 2019 budget) and EUR3.5 billion from the (2020 budget allocation for the healthcare system); (ii) EUR4.5 billion of additional funds for the purchase of equipment and other health expenses; (iii) creation of an additional emergency fund of EUR50 million for research on COVID-19.
|France||05B||05B - Income support||EUR||117,503,500,000||129,981,747,788||OECD. http://www.oecd.org/coronavirus/en/ (accessed 14 May 2020); Economie. https://www.economie.gouv.fr/coronavirus-startup-mesures-de-soutien-economique (accessed 15 April 2020); Figaro. https://www.lefigaro.fr/flash-eco/le-gouvernement-annonce-390-millions-d-euros-pour-le-transport-routier-20200417 (accessed 2 May 2020); BBC News. https://www.bbc.com/news/business-52814074 (accessed 28 May 2020); MINEFI. https://minefi.hosting.augure.com/Augure_Minefi/r/ContenuEnLigne/Download?id=7527227F-7F00-40D8-BBBD-C73ACCFE38E3&filename=1040%20-%20G%C3%A9rald%20DARMANIN%20annonce%20que%20les%20possibilit%C3%A9s%20de%20report%20des%20cotisations%20sociales%20sont%20prolong%C3%A9es%20pour%20le%20mois%20de%20juin%2C%20sur%20demande..pdf (accessed 12 June 2020); Economie. https://www.economie.gouv.fr/covid19-soutien-entreprises/plan-automobile-appel-manifestation-dinteret (accessed 29 June 2020); Economie. https://www.economie.gouv.fr/covid19-soutien-entreprises/soutien-batiment-travaux-publics (accessed 29 June 2020); Economie. https://www.economie.gouv.fr/3-projet-loi-finances-rectificative-plfr-iii-2020# (accessed 30 June 2020); MINEFI. https://minefi.hosting.augure.com/Augure_Minefi/r/ContenuEnLigne/Download?id=94C9F4D9-0CB4-4D85-9026-7801E5E7F1E7&filename=2196%20DP%20-%20Plan%20de%20soutien%20%C3%A0%20l%27a%C3%A9ronautique.pdf (accessed 5 July 2020); Republique Francaise. http://www.assemblee-nationale.fr/dyn/15/textes/l15b3074_projet-loi.pdf (accessed 9 July 2020); Economie. https://www.economie.gouv.fr/adoption-parlement-3-budget-de-crise (accessed 26 July 2020); MINEFI. https://minefi.hosting.augure.com/Augure_Minefi/r/ContenuEnLigne/Download?id=773B68FE-1093-4BC9-AB54-AC2FA07EE1E7&filename=88%20-%20Mesure%20de%20soutien%20aux%20TPE%20et%20PME%20suite%20%C3%A0%20la%20crise%20sanitaire%20-%20des%20plans%20de%20r%C3%A8glement%20pour%20les%20dettes%20fiscales.pdf (accessed 19 August 2020); Economie. https://www.economie.gouv.fr/industrie-appel-a-projets-100-millions-euros-en-2020 (accessed 5 September 2020).||
(i) EUR8.5 billion for short-time work scheme; (ii) June 10, EUR8 billion (increased from EUR7 billion) for the solidarity fund to support income for the self-employed and smallest firms ; (iii) EUR48.5 billion in postponement of social and fiscal deadlines and the early reimbursements of tax credits (2.0% of 2019 GDP); (iv) No amount/estimate: tax exemptions for bonuses in "essential" sectors; (v) March 25, EUR1.75 billion in tax breaks and grants to startups; (vi) April 20, EUR390 million road transport fund (liquidity for road transport sector); (vii) EUR0.5 billion for postponement of part of the unemployment insurance reform; (viii) No amount/estimate: to maintain skills within companies and their renewal, the Government announced the creation of an aid for the recruitment of apprentices, from 5,000 euros to 8,000 euros per contract preparing for a diploma up to the professional license; (ix) June 6, government announced a strengthened support system for the sectors affected by the COVID-19 crisis including: EUR31 billion for emergency measures in favor of employees and companies; EUR2.632 billion support to aeronautics sector including for R&D (EUR1.5 billion), to aeronautics SMEs (EUR300 million) and government purchase of of military planes, helicopters and drones (EUR832 million); EUR1 billion to support the structuring investments of communities relating to health, ecological transition, in particular the thermal renovation of public buildings, and the renovation of heritage; EUR1.3 billion to support the cultural sector; EUR230 million to support the book industry; EUR2.2 billion exemption from social security contributions in the tourism industry ; EUR295 million grants to startups: FrenchTechBridge (EUR80 million), i-Nov (EUR20 million), ChallengesIA (EUR15 million), SATT (EUR65 million), French Tech Accélération (EUR100 million) & call for projects (EUR15 million) ; EUR1 million of public expense to promote start-ups employment; (viii) July 23, EUR490 million for greening of industry and to support industrial relocations ; (x) July 23, Support measures for young people and strengthening of measures for the most vulnerable: EUR1.14 billion will be allocated to the financing of bonuses for the hiring of apprenticeship contracts (EUR400 million) or professionalization contracts (EUR744 million); EUR50 million will be mobilized in particular to finance the 1 euro meal for scholarship students; EUR283 million are committed to implement the "learning holidays" program which will accommodate students during the summer holidays in schools, leisure centers, camps and cultural outings; EUR86.5 million are planned for the political districts of the city; additional EUR200 million euros are notably devoted to emergency accommodation and the purchase of basic necessities; EUR7 million dedicated to the fight against violence against women, including EUR4 million additional to support associations, psychological support, support for accommodation and care for perpetrators of violence ; (xi) July 23, EUR4.5 billion support for local authorities including nearly EUR2.7 billion in advances will be deployed for communities experiencing loss of revenue from property transfer tax and EUR750 million to compensate for the loss of fiscal and state revenue municipalities and public inter-municipal cooperation establishments in difficulty ; (xii) July 23, EUR3.9 billion in measures to cancel charges, in particular intended for companies in the tourism, hotel, cultural and events sectors; (xiii) No amount/estimate: August 17, Ministry of Economy ad Finance allowed SMEs to spread, over a period of up to 3 years, the payment of their taxes due during the period of health crisis; (xiv) August 12, A call for projects of EUR100 million to support specific industries: health, agrofood, electronics, essential inputs (chemicals, metals, raw materials ).The Covid-19 crisis has highlighted the industrial and technological dependence of the French economy, and the fragility of certain global value chains. The strengthening of all or part of critical value chains by supporting the establishment or re-establishment in France of some of their links appears necessary. The objective: to reduce our degree of dependence on non-European suppliers, while developing the sectors of the future guaranteeing the creation of value in France and in Europe [update].
|France||12||12 - Non-Economic Measures||EUR||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 21 May 2020).||
The government has implemented a range of measures to reduce the spread of COVID-19, including school closures, the ban of all non-essential outings and long-distance travel, and the introduction of night-time curfews in some cities. As of May 11, France has started to gradually ease the containment measures, beginning with the reopening of primary schools, shops, and industry, on a differentiated regional basis. Internal travel restrictions have also been relaxed and the use of masks is obligatory for public transport. .
|Germany||05||05 - Health and income support||EUR||799,221,500,000||884,094,579,646|
|Germany||05A||05A - Health support||EUR||71,695,000,000||79,308,628,319||Federal Ministry of Finance. https://bit.ly/311YswO (accessed 17 April 2020); OECD. https://www.oecd.org/coronavirus/en/ (accessed 17 April 2020); Federal Ministry of Health. https://www.bundesgesundheitsministerium.de/coronavirus.html (accessed 8 June 2020); Die Bundesregierung. With a total of 45 million euros, the Federal Ministry of Education and Research (BMBF) is strengthening research into effective strategies and therapies against the coronavirus SARS-CoV-2 and the disease Covid-19 (accessed 25 July 2020); Die Bundesregierung. bundesregierung (accessed 1 August 2020) ; Die Bundesregierung. https://www.bundesregierung.de/breg-de/aktuelles/bund-laender-beschluesse-1780542 (accessed 29 August 2020); Die Bundesrgierung. https://www.bundesregierung.de/breg-de/aktuelles/pflegebonus-1782446 (accessed 5 September 2020).||
(i) March 23, EUR3.5 billion for emergency measures, such as procuring protective suits and masks, funding for development of a vaccine and treatment, support services provided by the Federal Armed Forces, assistance for German and European Union citizens abroad, and public outreach to keep the population informed; (ii) EUR55 billion funds made available for further pandemic control projects; (iii) EUR2.8 billion will be provided by the Federal government as additional funding for hospitals to balance losses due to rescheduled surgeries and to increase intensive care unit (ICU) capacity; (iv) June 3, the government decided on a new stimulus package which includes EUR9.5 billion to strengthen health care, by investing in local health offices, more modern hospitals, sufficient medicines, and protective equipment; (v) July 20, A total of EUR45 million is allocated by the Federal Ministry of Education and Research (BMBF) to strengthen research into effective strategies and therapies against the coronavirus SARS-CoV-2 and the disease COVID-19; (vi) July 29, EUR750 million for the special vaccine development program; (vii) No amount/estimate: August 27, To relieve families in the COVID-19 pandemic, children's sickness benefit is to be paid for five additional days per parent in 2020, and for single parents for ten additional days [update]; (viii) September 4, Bonus of up to GBP1000 for nurses in hospitals who were stressed by caring for COVID-19 patients. For this purpose, EUR100 million are made available [update].
|Germany||05B||05B - Income support||EUR||727,526,500,000||804,785,951,327||Federal Ministry of Finance. https://bit.ly/311YswO (accessed 17 April 2020); Bruegel. https://www.bruegel.org/publications/datasets/covid-national-dataset/#germany (accessed 17 April 2020); Federal Ministry of Finance and Federal Ministry for Economic Affairs and Energy. https://bit.ly/30Zwr91 (accessed 17 April 2020); Tax Foundation. https://taxfoundation.org/kurzarbeit-germany-short-work-subsidy-scheme/ (accessed 17 April 2020); OECD. https://www.oecd.org/coronavirus/en/ (accessed 30 April 2020; 8 May 2020); Bundesministerium der Finanzen. https://bit.ly/3djjZDp (accessed 9 May 2020); Federal Ministry of Labor and Social Affairs. https://bit.ly/2Yg4WWX (accessed 21 May 2020); Politico. https://politi.co/2Yhl6z8 (accessed 4 June 2020); Die Bundesregierung. https://www.bundesregierung.de/breg-en/news/corona-steuerhilfegesetz-1760128 (accessed 29 June 2020); Die Bundesregierung. https://www.bundesregierung.de/breg-de/aktuelles/mehr-geld-fuer-stipendien-1771146 (accessed 1 August 2020); Bundesministerium der Finanzen. https://www.bundesfinanzministerium.de/Content/DE/Standardartikel/Themen/Schlaglichter/Corona-Schutzschild/2020-03-19-steuerliche-Massnahmen.html (accessed 6 August 2020); European Commission. https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1463 (accessed 15 August 2020); Bundesministerium der Finanzen. https://www.bundesfinanzministerium.de/Content/DE/Pressemitteilungen/Finanzpolitik/2020/09/2020-09-02-PM-Steuerliche-Verbesserungen.html (accessed 3 September 2020); Budesministerium der Finanzen. https://www.bundesfinanzministerium.de/Content/DE/Standardartikel/Themen/Schlaglichter/Corona-Schutzschild/2020-03-19-Beschaeftigung-fuer-alle.html (accessed 5 September 2020); Bundesministerium der Finanzen. https://www.bundesfinanzministerium.de/Content/DE/Standardartikel/Themen/Schlaglichter/Corona-Schutzschild/2020-03-19-Beschaeftigung-fuer-alle.html (accessed 6 September 2020); ZDF. https://www.zdf.de/nachrichten/wirtschaft/kurzarbeitergeld-scholz-100.html (accessed 6 September 2020).||
(i) March 23, EUR50 billion in direct grants to distressed one-person businesses and micro-enterprises; (ii) EUR7.7 billion to expand access to welfare payments such as child allowance and income support, removing means-testing rules, and including self-employed workers; (iii) EUR500 billion (Bruegel estimate) tax deferrals for businesses, that is, EUR70 billion for direct corporate income tax plus EUR430 billion if we include indirect taxes and social contributions (assuming 75% tax deferral and 5% of gross domestic product [GDP] loss in 2020); (iv) EUR10 billion for keeping people employed, by expanding the reduced hours compensation benefit scheme (‘Kurzarbeitergeld’). August 26, The subscription period was extended up to 24 months, at an additional cost of EUR10 billion (i.e. until December 31, 2021 at the latest) [update]; (v) Subsidies to loans (included in the EUR357 billion mentioned in Measure 1) made available through KfW; (vi) No amount/estimate: April 22, The government decided to increase the replacement rate of lost net earnings to 70% for childless workers and to 77% for workers with children from the fourth month of short-time work onwards if they have reduced their working time by at least 50%. In the seventh month, payments are increased further to 80% and 87% respectively; (vii) April, The labor agency will cover 100% of social-security contributions for lost hours of short-time workers; (viii) No amount/estimate: Starting on July 1, the reduced VAT rate of 7% will be applicable to restaurants for 12 months; (ix) No amount/estimate: May 6, (a) Sales tax rate for restaurant and catering services rendered between 30 June 2020 and 1 July 2021 will be reduced from 19% to 7%, except for beverage sales; (b) Employer grants for short-time work benefits and seasonal short-time work benefits for wage payment between 29 February 2020 and 1 January 2021 will be up to 80% of the difference between the target salary and the actual salary; (x) May 14, Under the Social Protection Package, The increase in short-time work benefits leads to additional expenditure in the budget of the Federal Employment Agency of an estimated EUR680 million. The extension of the eligibility period for unemployment benefit leads to additional expenditure in the budget of the Federal Labor Agency estimated around EUR1.95 billion; (xi) June 3, A new stimulus package which includes: (a) Economic and crisis management package, mainly tax cuts and investments (EUR59.7 billion), (b) Strengthen Länder and municipalities (EUR15.6 billion), (c) Social expenditure (EUR9 billion), (d) Future programme (green and technological) (EUR47 billion), (e) Humanitarian aid (EUR3 billion), and (f) Equity for public railways (EUR5 billion); (xii) No amount estimate: (a) Temporary VAT reduction (19% to 16% and 7% to 5%) until December 31; (b) EUR300 one-off for every child, and (c) increase on limits to offset losses against profits from previous years; (xiii) July 3, NEUSTART KULTUR: Aid for cultural institutions for the preservation and strengthening of the nationwide important cultural landscape (EUR1 billion); (xiv) July 3, EUR853 million is allocated for children, young people, and families, with the passage of the Second Supplementary Budget 2020 on July 2. This creates the financial prerequisites for implementing the measures of the economic stimulus package (under item xi, Nonhealth measure); (xv) July 23, EUR43.5 million increase in scholarship for Cultural workers; (xvi) July 30, Temporary reduction in the sales tax rate for food to 7%, tax deferral for companies, and waiver of enforcement of overdue tax debt payments (https://bit.ly/2PtMhSd)]; (xvii) August 7, The European Commission has approved EUR6 billion scheme to compensate companies providing regional and local public passenger transport services in Germany for the damage suffered due to the coronavirus outbreak; (xviii) No amount/estimate: September 2, The federal cabinet approved the draft for the 2020 Annual Tax Act, which provides for tax improvements for investment, reduced working hours and affordable housing [update].
|Germany||12||12 - Non-Economic Measures||EUR||OECD. http://www.oecd.org/coronavirus/en/ (accessed 11 April 2020, 15 May 2020, 21 May 2020, 16 July 2020) ; DW https://bit.ly/2YiaGiT (accessed 8 May 2020); BBC. https://www.bbc.com/news/explainers-52575313 (accessed 28 May 2020); Reuters. https://reut.rs/37MQtVA (accessed 4 June 2020); Reuters. https://www.reuters.com/article/us-health-coronavirus-germany-tests/germany-begins-mass-coronavirus-testing-at-airports-idUSKCN24U2DG (accessed 30 July 2020); Daily Sabah. https://www.dailysabah.com/world/europe/german-children-start-new-school-year-amid-virus-fears?gallery_image=undefined#big (accessed 4 August 2020); Die Bundesregierung. https://www.bundesregierung.de/breg-de/aktuelles/pflichtests-kommen-1774748 (accessed 8 August 2020); Die Bundesregierung. https://www.bundesregierung.de/breg-de/aktuelles/bund-laender-beschluesse-1780542 (accessed 29 August 2020).||
(i) Contact ban for meetings of more than two individuals in public, with exemption for household members, have been decided on March 22 across the country, extended until at least May 4 on April 15. The Federal States of Bavaria, Saarland, and Saxony have introduced stricter lockdowns; (ii) Reintroduction of border controls at the internal Schengen borders to France, Luxembourg, Switzerland, Denmark, Italy, Spain, and Austria, with restriction on entry since March 16 and 19. Goods and commuters are allowed to cross the border. On April 2, the government agreed to exceptionally allow seasonal agricultural workers to enter the country under strict requirements after seasonal workers have generally been denied entry from March 25 onward. Travel warning for all countries in place until the end of April. In accordance with the decision at the European level, individuals from outside the EU, with few exceptions, cannot enter the country for at least 30 days starting March 18; (iii) Most schools and day care centers are closed until mid-April; (iv) Restaurants are closed. Nonessential stores, leisure, and cultural facilities have been closed since March 15 and 16. Larger events were cancelled until end-August; (v) May 10, The contact ban for meetings in public decided on March 22 has been extended until June 5 but eased such that multiple members of two households can meet in public; (vi) May 10, Travel warning for all countries initially in place until the end of April has been extended until at least mid-June; (vii) A gradual reopening of stores began on April 20. Some states have allowed reopening of restaurants from May 8 onwards. Other states will follow gradually over the course of May including the re-opening of hotels; (viii) May 6, border controls to neighboring countries will be gradually lifted; (ix) May 28, Control of lifting the downlockdown lies on the federal states. Shops are allowed to reopen and schools have been partially reopened. Border controls were eased on May 15 with Austria, France and Switzerland and will be lifted on June 15. Big public events like festivals are banned until at least the end of August. Social distancing rules extended until June 29; (x) June 3, Germany will lift a travel ban for European Union member states plus Britain, Iceland, Norway, Liechtenstein and Switzerland from 15 June as long as there are no entry bans or large-scale lockdowns in those countries; (xi) June 16, The government launched a Corona-Warn app that allows users to trace potential contact with COVID-infected individuals. Its use is voluntary; (xii) June 17, Containment measures re-imposed in two municipalities in the state of North-Rhine Westphalia after a resurgence in new COVID-19 cases (“emergency brake"). Restrictions were eased on 6 July; (xiii) July, A general contact restriction of keeping distance and wearing masks in stores and public transport should continue until further notice; (xiv) July 29, Free and compulsory coronavirus testing begins at Berlin's Tegel airport. Other airports such as Frankfurt have been offering tests over the previous weeks, but additional preparations are being made to test passengers arriving from countries deemed high risk; (xv) August 3, new school year begins with children returning to school in the Mecklenburg-Western Pomerania region. Germany's 16 states had agreed that schools will reopen full-time after the summer break; (xvi) August 8, Mandatory corona tests for returnees from risk areas begins. Tests are free for the travelers; (xvii) August 27, Returnees from risk areas should be able to end their quarantine at the earliest with a test from the fifth day after their return. The federal states will set the minimum fine for violations of the mask requirement of at least EUR50. There is a ban on major events, where contact tracking and compliance with hygiene regulations, are not possible until at least the end of 2020 [update].
|Ireland||05||05 - Health and income support||EUR||16,048,238,000||17,752,475,664|
|Ireland||05A||05A - Health support||EUR||1,205,000,000||1,332,964,602||OECD. http://www.oecd.org/coronavirus/en/ (accessed 15 April 2020); DBE. https://dbei.gov.ie/en/News-And-Events/Department-News/2020/June/04062020b.html (accessed 29 June 2020).||
(i) Extra funding of EUR1 billion (0.5% of GNI) to the Health Service Executive for improving capacity in the health service; (ii) EUR5 million allocate for 26 COVID-19 research projects; (iii) June 4th, EUR200 million for the COVID Products Scheme, a grant aid for companies developing or producing medicinal products used in the fight against COVID-19
|Ireland||05B||05B - Income support||EUR||14,843,238,000||16,419,511,062||OECD. http://www.oecd.org/coronavirus/en/ (accessed 15 April 2020); DBEI. https://dbei.gov.ie/en/News-And-Events/Department-News/2020/May/02052020.html (accessed 9 May 2020); IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 9 May 2020); DBEI. https://dbei.gov.ie/en/News-And-Events/Department-News/2020/May/15052020b.html (accessed 1 June 2020); IE. https://www.gov.ie/en/publication/f7f70-30m-funding-under-the-rural-development-investment-programme/ (accessed 12 June 2020); DBEI. https://dbei.gov.ie/en/News-And-Events/Department-News/2020/June/04062020.html (accessed 12 June 2020); DBEI. https://dbei.gov.ie/en/News-And-Events/Department-News/2020/July/02072020.htm (accessed 5 july 2020); IE. https://www.gov.ie/en/press-release/84ae3-minister-harris-announces-168-million-package-for-third-level-institutions-and-students/ (accessed 23 July 2020); Government of Ireland. file:///C:/Users/m29/Downloads/81556_d4fa4cc4-7e9f-4431-8540-a9ecb7126505.pdf (accessed 26 July 2020); DBEI. https://dbei.gov.ie/en/News-And-Events/Department-News/2020/August/10082020.html (accessed 13 August 2020); IE. https://www.gov.ie/en/press-release/8160d-minister-ogorman-announces-618000-in-dormant-account-funding-for-family-resource-centres-and-wider-voluntary-partners/ (accessed 13 August 2020); IE. https://www.gov.ie/en/press-release/68d73-minister-ogorman-announces-capital-grant-funding-of-23m-for-youth-projectsservices-and-youth-organisations-throughout-the-country/ (accessed 13 August 2020); IE. https://www.gov.ie/en/press-release/18b0c-minister-for-rural-and-community-development-announces-almost-28m-funding-for-libraries-to-adapt-to-covid-19/ (accessed 13 August 2020); IE. https://www.gov.ie/en/press-release/715f5-government-approves-over-375-million-support-package-and-publishes-roadmap-to-enable-safe-return-of-schools/ (accessed 13 August 2020); DBEI. https://dbei.gov.ie/en/News-And-Events/Department-News/2020/August/14082020.html (accessed 19 August 2020); DBEI. https://dbei.gov.ie/en/News-And-Events/Department-News/2020/August/12082020.html (accessed 19 August 2020); DBEI. https://dbei.gov.ie/en/News-And-Events/Department-News/2020/August/20082020.html (accessed 5 September 2020).||
(i) March 9, The government has so far announced a stimulus package of EUR6.3 billion (3.2% of GDP) in response to the COVID-19 pandemic. It includes EUR2.4 billion for illness benefit payments announced on 9 March, as well as a further EUR3.7 billion announced on 24 March to cover the cost of a new Wage Subsidy Scheme. The government has also announced direct financial support for businesses; (ii) June 23, Changes to the Temporary Wage Subsidy Scheme to accommodate apprentices on off-the-job training; (iii) No amount/estimate: Local Enterprise Offices in every county will be providing vouchers from EUR2,500 up to EUR10,000; a Finance in Focus grant of EUR7,200 will be available to Enterprise Ireland and Údarás na Gaeltachta clients; the government agreed with local authorities that they should defer business rates payments due from the most immediately affected businesses until the end of May; variety of taxation measures to alleviate short-term difficulties. For example, interest on late payments and all debt enforcement activity have been suspended and current tax clearance status will remain in place for all businesses; moratoriums on evictions and rent increases for duration of Covid emergency. The Commission for Regulation of Utilities has issued a moratorium on disconnections of domestic customers for non-payment to the gas and electricity suppliers; (iv) May 2, EUR250 million "Restart Grant" for micro and small businesses based on a rates/waiver rebate from 2019. 15 May, Approved details of the "Restart Grant" for small businesses (for costs associated with reopening and reemploying workers). Grants will be available to businesses with turnover of less than EUR 5 million and employing 50 people or less, with at least 25% reduction in turnover by June 30, 2020. The grants will be equivalent to the rates bill of the business in 2019, with a minimum payment of EUR 2,000 and maximum of EUR 10,000. Applications open on Friday, May 22, 2020 ; (v) EUR2 billion (estimate) for a three month commercial rates waiver for impacted businesses and the ‘warehousing’ of tax liabilities for a period of twelve months after recommencement of trading during which time there will be no debt enforcement action taken by Revenue and no interest charge accruing in respect of the warehoused debt; (vi) June 9, EUR30 million for the Rural Development Investment Programme under Project Ireland 2040 to support the social and economic recovery of rural communities over the coming months; (vii) EUR6 million Enterprise Ireland funding for access to cutting edge R&D equipment in Technology Gateways and Centres to increase R&D collaboration and competitiveness for companies; (viii) July 2, EUR6.5 million funding to digitalize sales for retailers; (ix) July 22, Minister for Further and Higher Education, Research, Innovation and Science announced a EUR168 million package of support to costs incurred by third level institutions during the Covid-19 pandemic and enable further and higher education students to return to college this September; (x) July 23, EUR5.4 billion Jobs Stimulus to help businesses re-open, get people back to work and promote confidence; (xi) August 10, Minister for Enterprise, Trade and Employment announced key changes to the "Restart Grant" scheme including EUR300 million additional funding in addition to EUR250 million previously committed. See other details in this link: https://bit.ly/30Rf5e1 ; (xii) August 7, Minister for Children, Disability, Equality and Integration, announced funding of over EUR618,000 which is being allocated by Tusla to Family Resource Centres (FRCs) across the country ; (xiii) August 6, The Minister for Children, Disability, Equality and Integration announced over EUR2.32 million in capital grant funding for 147 targeted staff-led youth projects/services and 25 national youth organisations across the country; (xiv) EUR2.8 million package to assist libraries to adapt to Covid-19 has been announced by the Minister for Rural and Community Development ; (xv) Government approves over EUR375 million support package and publishes Roadmap to enable safe return of schools. See details in this link: https://bit.ly/3iE7oO6 ; (xvi) August 14, Announced a package of measures for businesses in Kildare, Laois and Offaly, which have been adversely impacted by renewed Covid 19 restrictions. Eligible businesses will now be entitled to a 20% top-up, bringing the new minimum for affected counties to EUR4,800 and the new maximum to EUR30,000. Those that applied and received a grant previously, can re-apply and receive a second grant, with 20% additional on the new rate. EUR1 million is being ring-fenced for the Local Enterprise Offices (LEOs) in the three counties to increase engagement with local businesses to ensure they are aware of the loans, grants and vouchers they are entitled to. Applications from affected counties will be prioritised for all existing schemes, including the Sustaining Enterprise Fund. Fáilte Ireland is being allocated EUR1 million to undertake a promotional campaign focused on increasing the appeal of these counties to visitors and drive bookings ; (xvii) August 12, Enterprise, Trade and Employment, launched a new EUR12 million Enterprise Centre Fund (which is part of the July Stimulus package) to help enterprise centres impacted by the Covid-19 pandemic. The Fund is open to both not-for-profit and for-profit enterprise centres which have seen their income significantly impacted as a result of the Covid-19 pandemic. Grant funding of between €10,000 and €150,000 is available. The grants will help them implement a recovery plan to reboot their centres over the next six to twelve months; (xviii) August 20, Minister of State for Business, Employment and Retail, launched a new EUR5.5 million Covid-19 Online Retail Scheme as announced in the Government’s July Jobs Stimulus package [update].
|Ireland||12||12 - Non-Economic Measures||EUR||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 9 May 2020).||
The government has implemented a wide range of health and containment measures. On March 27, the government has issued strict restrictions on business activity, social distancing and travel - everyone is to stay at home wherever possible with only few exceptions i) to travel to or from work for those providing an essential service; ii) shop for food and medicines; iii) to carry out vital services like caring; iv) brief individual exercise within 2km; v) farming. These measures were extended until May 5th, additionally the government has announced that events with over 5,000 people will not be permitted until the end of August. The authorities announced a gradual reopening plan starting on May 18th. The “stay-at-home” order is eased in five phases three weeks apart: phase 1)has started last Monday includes return of outdoor workers and small groups of family and friends are permitted to meet in the open; in phase 2) small retail outlets and marts where social distancing is possible can reopen; 3) cafes and restaurants may reopen; (4) return to work for those who cannot work from home; phase 5) envisages return to work across all sectors. Schools and colleges will re-open at the beginning of the next academic year in September and October. These phases may have to be reversed back if the rate of the infection increases significantly as the lockdown is eased. Similarly, the government may speed up the plan if Covid cases continue to fall.
|Italy||05||05 - Health and income support||EUR||115,805,000,000||128,102,876,106|
|Italy||05A||05A - Health support||EUR||11,450,000,000||12,665,929,204||OECD. http://www.oecd.org/coronavirus/en/ (accessed 15 April 2020); Milano Today. https://www.milanotoday.it/attualita/coronavirus/decreto-rilancio.html#13 (24 May 2020);||
(i) EUR3.2 billion for the national health service and to support civil protection; (ii) EUR3.25 billion for healthcare as part of the additional additional EUR55 billion rescue package announced on 13 May; (iii) May 15, EUR5 billion support to the health sector under the Relaunch Decree.
|Italy||05B||05B - Income support||EUR||104,355,000,000||115,436,946,903||OECD. http://www.oecd.org/coronavirus/en/ (accessed 15 May 2020); MIPAAF. https://www.politicheagricole.it/flex/cm/pages/ServeBLOB.php/L/IT/IDPagina/15431 (accessed 18 May 2020); Milano Today. https://www.milanotoday.it/attualita/coronavirus/decreto-rilancio.html#13 (18 May 2020) IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19#F (accessed 21 May 2020); Bloomberg. https://www.bloomberg.com/news/articles/2020-05-13/italy-government-signs-off-on-55-billion-euro-stimulus-package (accessed 24 May 2020); Ministry of Infrastructure and Transport, Italy. Ministry of Labor and Social Policies. http://www.mit.gov.it/comunicazione/news/coronavirus/coronavirus-da-de-micheli-60-milioni-per-sostegno-locazione (accessed 25 May 2020); https://www.lavoro.gov.it/notizie/pagine/bonus-covid-per-iscritti-alle-casse-professionali-firmato-decreto-interministeriale.aspx/ (accessed 16 June 2020); Ministry of Agricultural, Food and Forestry Policies. https://www.politicheagricole.it/flex/cm/pages/ServeBLOB.php/L/IT/IDPagina/15731 (accessed 18 July 2020); Ministry of Agricultural, Food and Forestry Policies. https://www.politicheagricole.it/flex/cm/pages/ServeBLOB.php/L/IT/IDPagina/15734 (accessed 20 July 2020); MISE. https://www.mise.gov.it/index.php/it/198-notizie-stampa/2041375-banda-ultralarga-firmati-i-decreti-attuativi-per-600-milioni-di-euro-nel-piano-scuola-e-nel-piano-voucher-famiglie (accessed 19 August 2020); MEF. https://www.mef.gov.it/inevidenza/Decreto-AGOSTO.-Sud-imprese-e-lavoro-25-miliardi-per-far-ripartire-lItalia/ (accessed 5 September 2020).||
For individuals: (i) EUR5.0 billion to strengthen the wage supplementation scheme for furloughed employees; (ii) EUR400 million for one-year suspension in the repayment of real estate mortgages by workers having lost their job; (iii)EUR2.3 billion for one-off EUR 600 payment to the self-employed &seasonal workers; (iv) No amount/estimate: Allowance of EUR500 per month for up to 3 months for self-employed workers in the municipalities most affected; (v) EUR1.3 billion to strengthen childcare support; (iv) EUR30 million for EUR1000 childcare payment to employees in the healthcare and law enforcement sectors; (v) EUR0 5 million to raise by 12 days the paid leave for disabled workers and workers caring for a disabled relative; (vi); EUR130 million to extend sick leave to cover days spent in quarantine; (vii) EUR900 million for a EUR 100 one-off bonus to workers who continued to work at their workplace. For companies: (i) EUR540 million for 60% tax credit on commercial rents; (ii) EUR50 million for incentives to firms to sanitise workplaces; (iii) EUR600 million for suspension of collection of tax collection files; (iv) No amount/estimate: Suspension for 2 months of tax and social security payments in the municipalities most affected; (v) EUR10 billion for suspension of all the tax and social security payments coming due in March; (vi) No amount/estimate: suspension of 2 months (until end of April) in the payment of the electricity, gas, water and waste bills in the most affected municipalities; (vii) No amount/estimate: Non-application of withholding tax for professionals without employees, with revenues below EUR400,000 until 31 May 2020; (viii) No amount/estimate: Incentive to sell impaired loans (NPLs) by converting deferred tax assets (DTA) into tax credits for financial and industrial companies; (ix) EUR1.7 billion to provide fee-free guarantee for SMEs loans; (x) EUR500 million Emergency Fund to protect supply chains in crisis”, to cover damage by the agricultural, fishing and aquaculture sector, and “and the slowdown in exports” (especially for livestock). It is a partial compensation of stocks (costs of storage and seasoning of these products); (xi) May 7, New Covid-19 emergency fund of EUR 100 million to agriculture sector (interest subsidy and direct aid); (xiii) May 13, the government announced a further EUR55 billion rescue package of measures. Measures include further income support for furloughed workers, freelancers and unemployment benefits (EUR26.5 billion), funds for the healthcare system (EUR3.25 billion), measures to support businesses, including grants for SMEs and tax deferrals (EUR16 billion), EUR1.2 billion for the food and agriculture sector, and EUR1.4 billion for schools, including hiring university researchers and teachers ; (xiv) May 6, EUR60 million to the National Fund for support to access in housing rental; (xv) 8 June, Decree that allows for the automatic disbursement of an April payment worth EUR600 to Italian free-lancers who benefitted from an analogous bonus for the month of March. The payment is a form of unemployment compensation related to COVID-19 (a so-called ""Covid bonus"); (xvi) July 9, Allocated EUR100 million to the wine sector to compensate for its voluntary reduction in production during the COVID-19 pandemic; (xvii) July 9, Allocated EUR90 million to support livestock supply chains in crisis; (xviii) August 10, Ministry of Economic Development signed implementation decrees worth a total of EU600 million in the "School Plan" and the "Family Plan." The School Plan allocates EUR 400 million to schools for the activation of ultra-broadband services. The Family Plan allocates EUR200 million to households to support domestic Internet connection throughout Italy. The interventions will be managed by Infratel; (ix) August 26, Allocated an additional EUR25 billion in fiscal stimulus through the "August" Decree. The funds will support workers, businesses, local authorities, health workers and officials, and will afford general and sectoral measures for the recovery of the Italian economy [update].
|Italy||12||12 - Non-Economic Measures||EUR||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 9 May 2020).||
The nation-wide lockdown, announced in early March, was extended until May 3. Travel is restricted and public gathering are banned. All schools and universities remain shut. Non-essential productive activities are closed across the country, with exceptions for supermarket and grocery stores, pharmacies, banks, public transport and essential public services. The nation-wide lockdown expired on May 4. Since then, manufacturing and construction have reopened under new safety rules (e.g., staggered shifts, spaced workstation, temperature checks, masks). The government has moved forward some of the reopening plans this week. In addition to retail shops, restaurants, cafes and hairdressers have reopened on May 18 (the initial reopening plan was June 1). Sports facilities will reopen on May 25, followed by cinemas and theatres on June 15. Regional governments are allowed the discretion to adjust the dates in both direction. People can now travel within their own region, and mobility restrictions across regions will be lifted on June 3, when international borders will also reopen without restriction to and from other EU countries.
|Japan||05||05 - Health and income support||JPY||243,400,000,000,000||2,268,557,353,039||IMF. https://www.imf.org/en/Topics/imf-and-covid19/Policy-Responses-to-COVID-19 (accessed 6 May 2020); Prime Minister of Japan and His Cabinet. https://japan.kantei.go.jp/ongoingtopics/ (accessed 13 April 2020); Prime Minister of Japan and His Cabinet. https://japan.kantei.go.jp/ongoingtopics/COVID19Response/COVID19April7EEM.pdf (accessed 13 April 2020); Prime Minister of Japan and His Cabinet. https://japan.kantei.go.jp/98_abe/statement/202004/_00002.html (accessed 24 April 2020). WTO. https://www.wto.org/english/tratop_e/covid19_e/trade_related_goods_measure_e.htm (accessed 21 May 2020). Cabinet Public Relations Office. http://japan.kantei.go.jp/98_abe/actions/202005/_00010.html (accessed 22 May 2020). Reuters. https://www.reuters.com/article/us-health-coronavirus-japan-stimulus/japan-approves-fresh-1-1-trillion-stimulus-to-combat-pandemic-pain-idUSKBN2323D3; https://www.reuters.com/article/us-health-coronavirus-japan-stimulus-fac/factbox-key-spending-in-japans-second-stimulus-package-of-1-1-trillion-idUSKBN2330GG?il=0 (accessed 27 May). The Japan Times. https://www.japantimes.co.jp/news/2020/06/12/national/extra-budget-coronavirus/#.XuMz8EUzZPY (accessed 12 June 2020). Nikkei Asian Review. https://tinyurl.com/y6rptmr8 (accessed 21 July 2020).||
(i) April 7, The Government of Japan adopted the Emergency Economic Package Against COVID-19 of JPY117.1 trillion (21.1% of gross domestic product [GDP]) and subsumed the remaining part of the previously announced packages (the December 2019 stimulus package (passed in January 2020) and the two COVID-19-response packages announced on February 13 and March 10, respectively). The April package aims at five objectives: (a) Develop preventive measures against the spread of infection and strengthen treatment capacity (expenditure of 0.5% of GDP); (b) Protect employment and businesses (15.1% of GDP); (c) Regain economic activities after containment (1.6% of GDP); (d) Rebuild a resilient economic structure (3% of GDP); and (e) Enhance readiness for the future (0.3% of GDP; the key measures under the package comprise cash handouts to affected households and firms, and deferral of tax payments and social security contributions). (ii) As of April 17, cash payment of JPY100,000 per person will be given to all citizens nationwide, from previously planned JPY300,000 to each household in need whose income has declined significantly so that the total amount of cash payments will expand significantly, from the scale of JPY6 trillion to more than JPY14 trillion. (iii) May 14, The government announced another set of new measures to be included in the formulation of the second supplementary budget: (a) enhance the Employment Adjustment Subsidies by raising the maximum payment to 15,000 yen per day as a special measure and establish a new scheme that allows employees themselves to directly apply for and receive the money; (b) establish a new assistance scheme to further reduce rents, a fixed cost that is posing a major burden on micro-, small- and medium-sized business operators (SMEs); (c) establish a new mechanism for supporting students, including university students; (d) with government outlays, cover the total expenditure of the comprehensive support subsidy for medical systems and increase the amount significantly; and (e) provide adequate liquidity support for large companies and those relatively smaller ones, in addition to small- and medium-sizes enterprises. We will also implement measures to strengthen financial functions such as increasing the allocation of special lending by the Japan Finance Corporation and crisis response lending by the Development Bank of Japan, as well as strengthen the financial base with capital funds including subordinated loans. (iv) May 19, Exemption of customs duty and (domestic) consumption tax for imported goods which are proved to be provided free of charge. (v) June 12, Parliament enacted the second supplementary budget worth JPY31.91 trillion which includes financial assistance to medical staff, and small firms and single proprietors. These direct spending measures are part of the JPY117 trillion stimulus package approved by the Cabinet on May 27 which brings the total amount of stimulus from all economic packages to JPY234 trillion (over 40% of GDP). (vi) JPY1.3 trillion in domestic tourism subsidies aimed at helping coronavirus-battered local economies.
|Japan||05A||05A - Health support||JPY|