BERLIN (Reuters) – Germany plans to increase financial support for firms hit by the coronavirus pandemic till the top of September, a authorities supply advised Reuters on Wednesday.
The help, which firms can declare if they’ll show their revenues have collapsed because of the disaster, had been resulting from expire on the finish of June.
Economic system Minister Peter Altmaier has mentioned he favours an extension till the top of the yr in order that it doesn’t change into a difficulty within the federal election in September.
Chancellor Angela Merkel’s cupboard is predicted on Wednesday to agree to increase particular short-time work allowances till the top of September to offset the impact of the coronavirus pandemic on the labour market.
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