R-manager will borrow 300 billion dollars to coronafond

The Radical support for the proposal from a number's top economists, who suggest that the state create a bail-out fund of 300 billion crowns, which will cover

R-manager will borrow 300 billion dollars to coronafond

The Radical support for the proposal from a number's top economists, who suggest that the state create a bail-out fund of 300 billion crowns, which will cover

Ann McDonald
Ann McDonald
18 mart 2020 Wednesday 14:01
20 Reads
R-manager will borrow 300 billion dollars to coronafond

The Radical support for the proposal from a number's top economists, who suggest that the state create a bail-out fund of 300 billion crowns, which will cover the loss of hard-hit companies.

There are already reports of a growing number of the unemployed in Denmark, and many companies will next time experience decline, because large sections of society are shut down because of the outbreak of the coronavirus.

- If not this health crisis will translate into a financial crisis, which extends far out over the months, we are fighting the epidemic, so there is a need for the state to make a big bail-out fund.

- It should be a signal that we support the companies, which are forced in the knees, so that we can ensure that the jobs are there, when the shops are open again, says the leader, Morten Østergaard (R).

He is Wednesday night for talks in the ministry of Finance, where the government and the political parties negotiating to find a solution for the small - and medium-sized enterprises, as well as the self-employed and freelancers.

the Government has already introduced and implemented a number of actions. On Wednesday it was last presented.

in Parallel suggests a variety's top economists with ties to the think tank Kraka in Wednesday's Berlingske, Denmark takes out a loan of 300 billion dollars.

They must be placed in a bail-out fund, and the assessment is that it is enough to cover the whole of the private sector value creation in about two months.

Topøkonomerne suggests that companies for the period in which the society is put down by the epidemic, can get paid, for example, 90 percent of their decline.

It is in comparison to the same period last year. Economists recognize a number of challenges, but call it the least bad solution.

It must be a condition that companies do not lay off employees.

the Proposal is possible because of the currently very low interest rate. Is the interest rate one percent, it will mean an additional annual state cost of three billion dollars just to pay the interest on the debt.

Updated: 18.03.2020 14:01
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