December 12 (SeeNews) - The European Commission said it has approved Croatia's 9.5 billion kuna (1.26 billion euro) wage subsidy scheme to support employers and self-employed persons affected by the coronavirus pandemic.
The programme, approved under the state aid COVID temporary framework, aims at preserving the employment levels and at avoiding layoffs and the aid takes the form of wage subsidies, the Commission said in a press release on Friday.
The measure is open to employers and self-employed persons active in a number of sectors particularly affected by the coronavirus pandemic, such as tourism and passenger transport.
The purpose of the measure is to reduce the wage costs of the eligible employers during June 2020 - June 2022 and to support low earning self-employed individuals whose income had been dented by the coronavirus pandemic.
(1 euro = 7.554 Croatian kuna)