Sunday, 14 Jun 2020 09:01 PM MYT
ZURICH, June 14 — Austria plans extra investment subsidies and tax breaks to help companies hit by the coronavirus pandemic, Economy Minister Margarete Schramboeck said today. This could comprise a basic subsidy of 7 per cent and additional support for spending on things like digitalisation, the life sciences and health care, she said, adding a 20 per cent subsidy in cash would be “ideal”.
The Oesterreich newspaper said the measures were worth €2.6 billion , on top of the aid package of up to €38 billion the government announced in May.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: