Mark Rutte Netherlands city Hague covid-19 pandemic Government Mark Rutte Netherlands city Hague

Dutch government pledges new support to virus-hit businesses

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THE HAGUE – The Dutch government on Wednesday beefed up its financial support by 3.7 billion euros ($4.5 billion) for businesses slammed by the country’s partial lockdown measures.The latest lifeline comes on top of 33.7 billion euros in support the government earlier pledged to protect businesses and jobs amid the coronavirus pandemic, although it warned that further job losses and bankruptcies are inevitable.The government said businesses with the biggest percentage drop in turnover — such as bars and restaurants — will receive more financial support in the first quarter of 2021.Prime Minister Mark Rutte ordered all bars and restaurants shuttered in mid-October and they will remain closed throughout the usually busy Christmas and New Year.

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