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Austria readies extra 1 bln euro aid for lockdown-hit business
Reuters
12/19/2020
ZURICH, Dec 19 (Reuters) - Austria expects to pay out an extra nearly 1 billion euros ($1.23 billion) in support for companies hit by a new lockdown that the government imposed to curb the spread of the coronavirus, Finance Minister Gernot Bluemel said on Saturday.
Austria will go into its third lockdown after Christmas and lift it earlier for people who get tested, the government said on Friday. The new lockdown comes 11 days after a second lockdown ended.
Bluemel said companies in November and December had made more than 120,000 requests worth 2.2 billion euros in compensation for revenue lost as a result of the clampdown, of which around 1.8 billion euros had already been paid out. ....

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