57 billion euros emergency aid being worked on for German virus-hit municipalities - British Herald
November 29, 2021
Europe

57 billion euros emergency aid being worked on for German virus-hit municipalities

BERLIN (Europe) – The Finance Minister of Germany, Olaf Scholz is working on a coronavirus aid package worth 57 billion euros.

This amount is expected to aid municipalities to cope with a tax revenue plunge owing to the coronavirus crisis.

This package might aid towns to stabilise their public finances. They will also include extra relief for some heavily indebted municipalities.

(Photo syndicated via Reuters)
This story has been edited by BH staff and is published from a syndicated field.

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