Employment Emergency Fund (NOW) – NOW 2.0

On March 31, 2020, the Dutch government first published the Employment Emergency Fund (Tijdelijke noodmaatregel overbrugging voor behoud van werkgelegenheid, NOW 1.0). Please read more about this here 

The initial period of the fund ended on 31 May, 2020 but allowed for a one time extension for an additional three month period. On 20 May, 2020 the Dutch government announced the extension of NOW and certain further amendments to NOW 1.0. The extension fund is called NOW 2.0. Below we discuss the key characteristics of NOW 2.0 and important changes made to … Continue Reading