ERTE Scheme Extension Agreed

Labour Minister Yolanda Diaz.

ERTE Scheme extension agreement reached at the 11th hour.

An agreement was reached this week to further extend and also adapt the ERTE furlough scheme in Spain.

The agreement was reached this week with the Minister for Work, Yolanda Díaz, stating on Thursday that the scheme could be further extended after the current extension finishes on January 31, 2021.

The extension agreement was reached during late night finalisations and the new extension came into effect on October 1 after the previous one expired with the new extension seeing even companies who have only partially been affected by the coronavirus pandemic to get support.

The ERTE scheme currently offers three types of schemes available for workers and the payoff remains that once the employees return to work, they cannot be sacked for a six-month period after returning to work.

“It’s a totally ambitious project that keeps safe and defends all firms and workers in our country,” Yolanda Díaz said.

Thank you for taking the time to read this article “ERTE Scheme Extension Agreed”. For more news from Home and Abroad, visit the Euro Weekly News homepage.

Euro Weekly News is delighted to continue be able to bring you a range of News that doesn’t cost you anything but your internet connection. Whether it’s Local Spanish News or International Entertainment News, we’ve got you covered!

Euro Weekly News, the people’s paper, we lead others follow!

FacebookTwitterRedditWhatsAppTelegramLinkedInEmailCopy Link
Go Back
Written by

Chris Kidd

Chris has spent a colourful and varied international career in the Arts followed by a substantial career in Education. Having moved to Spain in 2019 for a different pace and quality of life with his fiancé, he has now taken up a new and exciting role working with the online department of Euro Weekly News. Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page