Corona emergency aid: Now comes the big bill – economy

Corona emergency aid

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Companies fear high repayments

Reading time: 6 min

No access for guests, cinemas, restaurants, hotels and other businesses had to close during lockdown. Many owners took advantage of Corona help.

(Photo: Michael Weber / imago images)

Corona emergency aid was given quickly and unbureaucratically at the beginning of the pandemic. But now many companies are supposed to reimburse the money. And that should only be the beginning.

from

Michael Bauchmüller, Michael Kläsgen, Katharina Kutsche, Silvia Liebrich and Sonja Salzburger

Germany has so far been generous in this crisis. A total of 74.6 billion euros have so far been paid out to corona aid for the economy. But what is now causing difficulties for many small businesses is a small part of it: the emergency aid from the first phase of the pandemic, which was paid out relatively unbureaucratically in spring 2020. Many companies and the self-employed have received unexpected requests for repayment in the past few weeks and months. Corona aid from spring 2020 should therefore be repaid in part or in full. And many a recipient no longer understands the world.

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