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Financial supports for businesses impacted by latest restrictions signed by Cabinet

Financial supports for businesses impacted by latest restrictions signed by Cabinet

Cabinet Ministers have signed off on measures to provide financial support to the businesses impacted by the latest Covid restrictions.

The employment wage subsidy scheme is being reopened for businesses with a more than 30 percent loss in turnover.

While the CRSS payments scheme will open to bars, restaurants and other businesses which close due to the restrictions.

Those businesses that stay open but are earning less than 40 percent of turnover when compared to 2019 will also now qualify for the payments.

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The measures will cost around 100 million euros for the month of January.

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