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#Germany approves €1.2 trillion aid package, e.g.

-€3bn for hospitals
-basic support w/o income test (for 6m) for all in need
-no evictions (private/commercial properties; electricity water internet guaranteed)
-cash payments* for SMEs: €9.000 (<5staff), €15,000 (<10staff)
(*do not have to be paid back)
-larger companies access interest-free loans (KfW)
-(part-)nationalisation of companies threatened by bankruptcy permitted (temporary)

#coronavirus #economy #lockdown
#recession
Better summary (via @BrexitBin)

#Germany #coronavirus
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