Polish gov't announces financial stimulus package, puts limits on Christmas gatherings


By UnreguserChen Xu
  • World
  • Friday, 27 Nov 2020

WARSAW, Nov. 26 (Xinhua) -- Polish Prime Minister Mateusz Morawiecki announced a new economic stimulus package on Thursday for businesses that have suffered during the second wave of the COVID-19 pandemic.

The so-called Financial Shield 2.0 stimulus, estimated to be between 35 billion and 40 billion Polish Zloty (between 9 billion and 10.5 billion U.S. dollars), is aimed to help 40 sectors particularly impacted by the second wave of the COVID-19. Businesses active in, among others, transport, retail, tourism and gastronomy, can apply for funds needed to pay employees and avoid bankruptcy.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Snapchat is focused on making app safe, CEO Evan Spiegel says
Pandemic treaty talks to the wire, likely to miss first deadline, sources say
Analysis-Why German politicians are facing growing violence
Factbox-Who is Russia's Mikhail Mishustin?
Apple apologises for iPad ‘Crush’ ad after backlash
Russia's Putin proposes reappointing Mishustin as prime minister
Microsoft plans mobile-game store, vying with Apple, Google
Why the use of sodium-ion batteries is set to expand
Two Paris police officers wounded after man shot them inside police station
Deaths in Brazil floods rise to 107, horse rescued from rooftop

Others Also Read