Factbox: Short-time work schemes gain traction in crisis-hit Europe

(Reuters) - European policymakers are pushing short-time work schemes as a way to mitigate the fallout from the coronavirus, emulating a policy tool which helped Germany, Europe's largest economy, recover from the 2009 economic crisis. GERMANYGermany's short-time work scheme, known as Kurzarbeit, allows companies to rapidly reduce personnel costs on a temporary basis by reducing regular working hours. Employees tap an unemployment insurance fund overseen by the Federal Employment Agency which..