German government parties support including aid for start-ups in coronavirus aid package – document
German Chancellor Angela Merkel’s conservatives and their junior coalition partner – the Social Democrats (SPD) – support including aid for start-ups in the government’s coronavirus economic aid package, a document seen by Reuters shows.
In a joint motion for amendment to the federal government’s draft bill, the conservatives and SPD backed a call from the liberal Free Democrats (FDP) to allow applications from start-ups – which due to their short histories may not have otherwise fulfilled the required conditions – for state aid.
Source: Reuters (Reporting by Holger Hansen; Writing by Michelle Martin, editing by Thomas Escritt)