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

  • 📰 malaymail
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 86%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 1. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines