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Erfurt (dpa / th) - The Thuringian state government is planning interest-free loans as interim financing for certain industries until the money flows from the federal bridging aid III.

The service industry in particular should benefit from this, announced Thuringia's Minister of Economics, Wolfgang Tiefensee (SPD) in Erfurt on Friday.

Affected companies should be able to obtain loans of up to 50,000 euros.

To do this, however, the consolidation fund, from which the “Corona Special” loan program is financed, must be increased by 50 million euros from the country's planned pandemic special assets.

Other proposals for interim financing for Bridging Aid III, such as a separate state fund, through which installments should be paid from state funds, are “not a viable option” from the perspective of Tiefensee.

Such a procedure does not work because the federal states would not have any access to the data of the applicants until the federal application platform was completed.

The state's economic chambers had previously demanded that the state provide bridge funding for Bridging Aid III without delay.

They referred to existing instruments of the Thuringian Aufbaubank, such as the Thuringian Consolidation Fund for small and medium-sized companies.

In the opinion of the chambers, such an interest-free loan of up to 50,000 euros or with three percent interest up to 800,000 euros and with a processing time shortened from four weeks to one week would be possible.

Retail, service and handicraft companies urgently need this aid.

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© dpa-infocom, dpa: 210129-99-226558 / 2