FINANCIAL ASSISTANCE TO COMPANIES AND ENTREPRENEURS FROM GERMANY


15/11/2020




Serhat TUNAR -TDO- It has been claimed that Germany will increase financial aid, which it plans to compensate for the damage suffered by companies and self-employed people due to the Coronavirus outbreak.

The German administration will provide a total of 22 billion Euro’s in financial aid from next January to June, as the outbreak is likely to be effective in 2021, Reuters reported, citing sources close to it.

It was also claimed that Merkel's administration would increase the coronavirus aid package in November from 10 billion to 14 billion Euro’s to compensate firms damaged by the restrictions in the country.


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