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Fresh corona cash for small Berlin businesses
€150 million earmarked for the self-employed and small firms. Local businesses in an even worse mood.
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Berlin s opening its coffers for you again.
Berlin - The city government announced a new round of corona aid for the self-employed and small companies. The Neustarthilfe Berlin programme, as it s called, will dole out as much as €150m.
Berlin also signed off on a new guarantee programme for interim financing for small- and medium-sized businesses. The state parliament is expected to green-light the package in mid-March.
Essentially, the
Senat, the city-state s government, is topping up the federal government s aid for the self-employed. The federal subsidy amounts to 50 per cent of sales during the same period in 2019.