Economics

Spain Ends Furlough Uncertainty With Last-Minute Extension

  • Program, due to expire Sept. 30, extended through January 2021
  • Spanish government reaches deal with business lobby, unions
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The Spanish government reached a last-minute deal to extend its furlough program after weeks of negotiations that left businesses and workers on edge in a country suffering one of Europe’s deepest economic shocks this year.

The program is extended until Jan. 31, Labor Minister Yolanda Diaz said on Tuesday.