Economic short-time working and against compensation Fund

the Federal Council Parmelin will today propose to the Federal Council of economic policy measures to combat the corona of a crisis. However, his ideas should n

Economic short-time working and against compensation Fund

the Federal Council Parmelin will today propose to the Federal Council of economic policy measures to combat the corona of a crisis. However, his ideas should not go so far as the demands of the trade unions. In the foreground is the facilitated access to short-time work is available.

For Ruedi Minsch, chief economist of Economiesuisse, this is the right way. He has participated a week ago at the Meeting of the social partners with a Guy Parmelin. "Switzerland has with the unemployment insurance and the Instrument of short-time work already the right tools for such a crisis," he says, "they are tried and tested, effective and attack just as long as they are needed." At best, they could facilitate the access to short-time work. And also the proposal that the Federal government extended, for example, the payment period for the VAT, finds Minsch in order.

nothing, he holds, however, the demands of the trade unions. "Stimulus packages in Switzerland and if, then too late, in the wrong place and distort the competition," said Minsch. "And often, companies can benefit for something you have already advanced." The demand of the trade unions, the national Bank should sell securities, and thus a compensation Fund, is not well thought out for a Minsch. "If the SNB did, it would be the Swiss franc even more expensive, and the Swiss export industry with Thousands of jobs would be in danger," said Minsch. Instead of committing to economic policy errors, it is necessary to tackle the Virus. "This is the most Important thing." (fi)

Created: 12.03.2020, 22:45 Uhr

Updated Date: 13 March 2020, 02:00

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