March 22, 2020

News

In the Corona crisis, the Federal Government wants to save large companies by nationalization if necessary. The so-called Economic Stabilization Fund (WSF) is, according to current plans, to help companies with over 2,000 employees and 320 million euros in annual turnover if they get into economic difficulties due to the crisis . The fund will have a total volume of EUR 600 billion. This emerges from the bill by Federal Finance Minister Olaf Scholz (SPD), which is available to WELT AM SONNTAG.

continue reading 600 billion package to save large companies from destruction

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