{"id":23054,"date":"2021-09-13T09:01:00","date_gmt":"2021-09-13T13:01:00","guid":{"rendered":"http:\/\/irishexaminerusa.com\/wp\/?p=23054"},"modified":"2021-09-13T11:03:32","modified_gmt":"2021-09-13T15:03:32","slug":"employment-wage-subsidy-scheme-to-continue-into-next-year","status":"publish","type":"post","link":"https:\/\/irishexaminerusa.com\/wp\/?p=23054","title":{"rendered":"Employment Wage Subsidy Scheme To Continue Into Next Year"},"content":{"rendered":"\n
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The T\u00e1naiste said the Government is currently working out the exact date to which the scheme would be extended (PA Wire\/PA Images)<\/em><\/figcaption><\/figure>\n\n\n\n

The Employment Wage Subsidy Scheme (EWSS) will continue into 2022, the T\u00e1naiste has signaled.<\/p>\n\n\n\n

Leo Varadkar said on Monday that the scheme, introduced at the start of the Covid-19 pandemic, will be phased out slowly and extend into next year.<\/p>\n\n\n\n

The scheme, which Mr Varadkar said is currently costing the Government \u20ac400 million a month, helps businesses hit hard by the pandemic to pay the wages of staff.<\/p>\n\n\n\n

He said the Government is currently working out the exact date to which the scheme will be extended.<\/p>\n\n\n\n

\u201cThat\u2019s what we need to work out between now and Budget Day. In the UK and Northern Ireland, they\u2019re ending the furlough scheme at the end of this month. We think that\u2019s a mistake. We wanted to continue into next year, but we\u2019re going to have to work out what we can afford and how we can work that into the budget.\u201d<\/p>\n\n\n\n

The Budget will be announced this autumn by Minister for Finance Paschal Donohoe.<\/p>\n\n\n\n

Mr Varadkar told RT\u00c9 radio the Government does not want to phase out the scheme \u201ctoo quickly\u201d.<\/p>\n\n\n\n

The Pandemic Unemployment Payment (PUP) has already begun to be phased out, with another \u20ac50 reduction in the payment set to kick in from the middle of November, drawing criticism from Sinn F\u00e9in and other opposition TDs.<\/p>\n\n\n\n

Mr Varakdar said: \u201cWhat I want to say to employers, particularly in those hard-hit sectors like hospitality, for example, we understand you\u2019re not yet operating at full capacity. And for those reasons we need to continue these wage supports.\u201d<\/p>\n\n\n\n

He said his Fine Gael party, which is holding its think-in in Trim in Co Meath, is committed to reducing the deficit and getting the country’s budget \u201cback in order\u201d.<\/p>\n

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