Large numbers of people across different professions and industries are in danger of losing their livelihoods. Small and medium-sized companies, large corporations, own-account workers, and members of the free professions are all affected by this. Our helplines and online channels are open for your queries and grievances. We know that you need help that is tailored to your specific needs.
The Federal Ministry for Economic Affairs and Energy is offering swift support without red tape. Money will not prevent us from taking the necessary measures – we have managed our budget successfully over the past years. We will not leave anyone behind.
On 27 March 2020, the Bundesrat cleared the last hurdles for the comprehensive aid package put together by the Federal Government, and for the supplementary budget that is necessary to implement the package. This means that immediate assistance funds for small enterprises are now available to the Länder. In addition, the Economic Stabilisation Fund was adopted. The Economic Stabilisation Fund is to help both large companies and start-ups that are facing difficulties in view of the coronavirus crisis to safeguard their liquidity. The conditions that need to be fulfilled to benefit from the Economic Stabilisation Fund will be specified soon in framework ordinances.
The German Länder have implemented the Immediate Assistance Programme for own-account workers, small businesses, members of the free professions, and farmers. The Federal Ministry for Economic Affairs and Energy and the Federal Ministry of Finance have reached an administrative agreement with the Länder. The administrative agreement, complete with an enforcement guidance document for the Länder, puts in place all the necessary requirements for the programme to start. In the next few days, immediate assistance canbe made to the competent contacts in the Länder (see list below). Payments are to be made swiftly and without red tape.