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Published 13:29 IST, April 27th 2020

UK, Europe devise furlough schemes, bailouts for coronavirus-hit private sector

 “This is not a time for ideology and orthodoxy. This is a time to be bold. A time for courage,” said Rishi Sunak, the UK’s Indian-origin finance minister, as he summed up the British government’s approach towards the daunting economic fightback against the novel coronavirus pandemic and broadly reflective of the approach taken by most other countries across Europe.

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13:29 IST, April 27th 2020