Germany to expand coronavirus aid for companies

Germany coronavirus the

Germany is to expand coronavirus aid for companies.

• The amount of aid to companies amounts to 4.5 billion EUR a week in December.
• To pay up to 75% of 2019 revenue to companies closed in December

The German economic minister also said:

• He does not expect a wave of insolvencies of restaurants and hotels in November and December

The German DAX is currently trading up around 0.2%