Reuters reveals Germany plans more than 100 billion euros of aid for companies

Reuters exclusively revealed that Germany plans to offer more than 100 billion euros ($108.8 billion) worth of aid to companies hit by […] The post Reuters reveals Germany plans more than 100 billion euros of aid for companies appeared first on Reuters News Agency.

Reuters reveals Germany plans more than 100 billion euros of aid for companies
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Reuters exclusively revealed that Germany plans to offer more than 100 billion euros ($108.8 billion) worth of aid to companies hit by fallout from the war in Ukraine, according to a document from the finance and economy ministries seen by Reuters. In the plan, later published by the ministries, the government labelled the aid a “protective shield” for companies affected by the war, whose main concern it said was short-term liquidity—an issue it aims to address with credit instruments.

The post Reuters reveals Germany plans more than 100 billion euros of aid for companies appeared first on Reuters News Agency.