• Germany to extend aid for companies hit by COVID-19 - source

Market news

9 June 2021

Germany to extend aid for companies hit by COVID-19 - source

Reuters reports that a government source told that Germany plans to extend economic aid for companies hit by the coronavirus pandemic until the end of September.

The aid, which companies can claim if they can prove their revenues have collapsed due to the crisis, had been due to expire at the end of June.

Economy Minister Peter Altmaier has said he favours an extension until the end of the year so that it does not become an issue in the federal election in September.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.