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World Handelsblatt: Cologne deals with state aid

19:43  25 january  2021
19:43  25 january  2021 Source:   sport1.de

In the corona aid thicket: What the federal government is planning

 In the corona aid thicket: What the federal government is planning Companies and the self-employed can count on more money and simpler guidelines for corona aid. © Bernd Wüstneck / dpa-Zentralbild / dpa The Kröpeliner Tor Center KTC shopping center in downtown Rostock is almost deserted. The corona situation makes the situation for many stationary retailers more and more difficult. The conveyor system had become more and more complicated in the past few weeks.

(Lufthansa corrects to say it is considering asking for state aid , removes remarks it has decided to ask). BERLIN, March 13 (Reuters) - German flagship carrier Lufthansa said on Friday it was considering requesting state aid from several European governments to help it deal with the impact of the

BERLIN, March 13 (Reuters) - German flagship carrier Lufthansa is planning to request state aid from several governments to weather the fallout from the coronavirus outbreak, daily Handelsblatt reported on Friday. Chief Executive Carsten Spohr told staff in an internal video message that the airline group

1. FC Köln is apparently considering state aid due to the financial losses caused by the corona pandemic.

Handelsblatt: Köln beschäftigt sich mit Staatshilfen © Provided by sport1.de Handelsblatt: Cologne deals with state aid

The relegation-threatened Bundesliga club 1. FC Köln is apparently considering state aid due to the financial losses caused by the corona pandemic. This is reported by the Handelsblatt and relates to several people entrusted with the matter.

Accordingly, the club asked the Economic Stabilization Fund (WSF) which state aid would be possible. Among other things, a guarantee of around ten million euros is said to have been discussed. The Federal Ministry of Economics is said to have referred the Cologne residents to the state of North Rhine-Westphalia. Talks with the NRW state government should continue, according to the Handelsblatt.

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 An 8% effective vaccine for the elderly? © Provided by Le Parisien Le Parisien Doubts hover over the effectiveness of the AstraZeneca vaccine. Two German media outlets, Bild and the business daily Handelsblatt, said Monday evening that the German government was cautious about the effectiveness of the product, developed with the University of Oxford, on people over the age of 65.

While Germany has given coronavirus-related aid to companies like auto parts supplier Leoni LEOGn.DE, Ford would be the first major Ford wants the federal government to grant most of the loan guarantees while a smaller share is expected to come from German states , Handelsblatt added.

Talks over a 9-billion euro government bailout for German flagship carrier Lufthansa have stalled over a row on how to deal with the airline's ordered Airbus jets, German business daily Handelsblatt reported on Friday. The German government is demanding Lufthansa accept all orders with Airbus, making the

In response to an inquiry from the Handelsblatt, the association announced that it had dealt with the WSF as an instrument, but did not intend to use its help. The Rhinelander did not want to comment further. The Federal Ministry of Economics and the North Rhine-Westphalian State Ministry of Finance did not want to issue an opinion.

Due to the corona crisis, the Cologne-based company forecast a loss of sales of at least 40 million euros for the past and current seasons in November. The WSF is aimed at corporations and larger medium-sized companies that have got into economic difficulties as a result of the corona pandemic. Companies with more than 249 employees, a turnover of more than 50 million euros and a balance sheet total of more than 43 million euros are entitled to submit applications for help to the WSF. Last year,

taillight Schalke 04 received a commitment from the finance ministry of the state of North Rhine-Westphalia to issue a state guarantee worth millions. It should be over 30 million euros. Werder Bremen also received a corona loan of 20 million euros thanks to a state guarantee.

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