A infografia mostra os maiores pacotes financeiros para enfrentar a pandemia.
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NEGÓCIOS

Maiores pacotes financeiros

By Duncan Mil

April 14, 2020 - Os governos e bancos centrais criam pacotes de resgate para enfrentar o caos económico causado pela pandemia de coronavírus. A começar pelos Estados Unidos, as maiores economias mundiais -- China, Japão, União Europeia e Reino Unido -- destinaram vastas quantias para evitar as quebras económicas.

By far the most extensive stimulus package is the U.S.’ $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act. Signed into law on March 27 it promises a one-time cheque of up to $1,200 (€1,100) for Americans who earn less than $75,000/year. CARES amounts to more than 10 per cent of Gross Domestic Product (GDP).

Other measures include $500 billion to support large corporations and $377bn for small businesses. The CARES Act earmarks $340bn to add $600 a week to existing state benefits to the end of July. Average U.S. unemployment benefits amount to $378 per week.

Japan has followed with a 108 trillion yen ($996bn) stimulus package, amounting to 20 per cent of GDP. The bailout includes 39.5 trillion yen to protect jobs, bolster health care, and ease the pain for working families. Low-income families will be eligible for handouts of 300,000 yen per household.

The 19-member eurozone follows with a €540bn bailout after European Union finance ministers spectacularly failed on April 8 to agree a Brobdingnagian €3.2 trillion of aid -- the world’s largest.

The European Stability Mechanism offers €240bn ($262bn) in standby credit to distressed member states. However, the loans are subject to strict austerity measures -- the kind that dragged Greece to ruin following the 2008 financial crisis.

Australia has committed A$320bn (203bn) or 14 per cent of GDP. While China, the world’s second-largest economy, has earmarked 1.3 trillion yuan ($184bn) to fight the epidemic. Beijing has focused on helping companies keep paying their workers. The latest moves, unveiled last week, will support the state-owned banking sector to lend a further $200bn to businesses, particularly smaller ones.

Sources
PUBLISHED: 14/04/2020; STORY: Graphic News
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