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COVID-19 CRISIS: ICELAND ANNOUNCES NEW PACKAGE TO SUPPORT BUSINESSES


Officials in Iceland have announced a new package to support businesses and groups suffering in the pandemic.

 

Unemployed people and low-income families will get extra help and smaller businesses will get loans to support them in a package reportedly worth 420 million dollars.

 

The country’s Prime Minister, KATRIN JAKOBSDOTTIR said the announcement reflects its priorities to protect jobs embrace the people and look to the future. 

 

The northern European country has been praised for its virus testing, and has recorded 1,778 virus cases and 10 deaths so far.

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