US News More than half a billion euros in emergency aid repaid

10:25  18 october  2020
10:25  18 october  2020 Source:   sueddeutsche.de

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That's significantly more than he originally requested from Congress. Jim Lo Scalzo/EPA/Bloomberg via Getty Images hide caption. President Trump signs an .3 billion emergency spending bill in the White House Friday. That's significantly more than he originally requested from Congress.

The aid is intended to help countries improve their public health response to the crisis, as well as work with the private sector to reduce the economic impact. "What we're trying to do is limit the transmission of the disease," World Bank Group President David Malpass told the BBC.

Solo self-employed and micro-entrepreneurs have repaid Corona emergency aid of more than half a billion euros to the state. This resulted in a demand from the newspaper “Welt am Sonntag” in the federal states.

Ein Antrag auf Corona-Soforthilfe. © Robert Michael / dpa-Zentralbild / dpa An application for immediate Corona aid.

Accordingly, emergency aid recipients gave back more than 560 million euros of unjustifiably paid grants by September 30th. In the first three places are North Rhine-Westphalia with 170 million euros, Berlin with 143 million euros and Bavaria with 107 million euros. The information relates to both the federal emergency aid program and the corresponding federal state programs. 13 federal states provided information.

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EU finance ministers agreed on Thursday to a common emergency plan to limit the impact of the coronavirus pandemic on the European economy. The Eurogroup, which brings together the finance ministers of the 19 member states sharing the single currency, reached a deal on a response plan

The German cabinet on Monday agreed to an unprecedented aid package to prop up the country's economy as the coronavirus pandemic takes hold. A total of 50 billion euros has been earmarked for this program. Germany's hospitals are to be supported with more than 3 billion euros in funding.

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By the end of September alone, 305 million euros flowed back into the federal fund, reports the "Welt am Sonntag" with reference to information of the Federal Ministry of Economics. So far, a total of 13.8 billion euros has been distributed to applicants as part of the federal program. The program ended on May 31st, so there are only minor changes to the number of applications and approvals.

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This is interesting!