Germany to pay aid to businesses hit by lockdown quickly, says finance minister | Malay Mail

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Germany to pay aid to businesses hit by lockdown quickly, says finance minister | Malay Mail
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BERLIN, Nov 2 — Companies affected by a new partial lockdown in Germany should apply for financial aid and can expect to receive funds quickly, German Finance Minister Olaf Scholz said today. Germany has imposed an emergency month-long lockdown, effective from today, shutting businesses including...

Monday, 02 Nov 2020 11:15 PM MYT

BERLIN, Nov 2 — Companies affected by a new partial lockdown in Germany should apply for financial aid and can expect to receive funds quickly, German Finance Minister Olaf Scholz said today. The government plans to compensate companies affected by the restrictions by paying them up to 75 per cent of their year-earlier November sales as part of a €10 billion aid package.

 

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