Germany's short-time work fix offers Europe a crisis model

FRANKFURT/HAMBURG (Reuters) - A tried-and-tested German model of sending workers home in exchange for job guarantees during downturns could help the European Union limit the damage from the coronavirus pandemic.EU ministers voiced support in principle on Tuesday for a plan to raise 100 billion euros, against 25 billion euros of government guarantees, to subsidise wages so that firms can cut working hours rather than sack people.Critics warn that adopting the German practice of short-time work or..