The Limited Times

Now you can see non-English news...

Peter Altmaier wants to pay state corona aid longer

2021-05-26T02:24:53.303Z

Labor Minister Heil announced an extension of the pandemic-related generosity in short-time work benefits. Economics Minister Altmaier now also wants to pay the bridging aid for additional months.



Enlarge image

Peter Altmaier: Bridging aid should be extended until after the federal election

Photo: POOL / REUTERS

The economy as a whole has recently been able to recover somewhat, and production has increased.

However, since not all companies are out of the woods by a long way, Federal Minister of Economics Peter Altmaier has promised them to extend the state Corona aid beyond the previously planned June 30.

"I promise you: we will continue this as long as there is a significant number of companies that are still suffering from the long-term consequences of Corona," said the CDU politician of the "Bild" newspaper. The federal government is still discussing the specific date of the extension of bridging aid. However, there are already signs of an extension until after the federal election in autumn: "I would actually like to extend it until the end of the year, because I know that many businesses will take a while to catch up with everything."

At the weekend, Federal Labor Minister Hubertus Heil had already announced that it would extend the relief for drawing short-time work benefits for several months.

The SPD politician spoke of a period until at least the end of September.

Because the regular budget of the Federal Employment Agency for this service has long been used up, the federal government is to contribute a further 2.6 billion euros.

"Part of our quality of life"

According to Altmaier, the prerequisite for longer-term bridging benefits is that sales are at least 30 percent lower than in the previous year.

Then you can specify certain fixed costs and receive other benefits.

However, the long processing time for applications for bridging aid III had recently caused displeasure among the companies.

The federal states differ greatly; according to SPIEGEL information, progress is particularly slow in Berlin and Lower Saxony.

On a small scale, Altmaier also tries to support the economy personally, according to his own statements.

After the first easing, he bought flowers for the garden last week with a valid test, said the "Bild": "We want these businesses to survive, because they are part of our quality of life."

apr / Reuters

Source: spiegel

All business articles on 2021-05-26

You may like

Trends 24h

Latest

© Communities 2019 - Privacy