Germany to announce financial aid for war-hit companies
Companies in Germany suffering from the economic consequences of the war in Ukraine will receive government aid, according to a package of measures due to be announced later.
Finance Minister Christian Lindner said in the Bundestag on Friday that he and Economy Minister Robert Habeck had agreed on the additional financial aid.
“Doing nothing is not an option in this situation,’’ Mr Lindner said.
One aspect of the plan is expected to involve help from the state development bank KfW.
The EU Commission had previously cleared the way for government support to be granted to companies to protect them from the economic impact of the war.
(dpa/NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Agriculture
Farmers seek transparent distribution of farm inputs in Ebonyi
Farmers in Ebonyi have urged the government to ensure that agricultural inputs are distributed effectively to boost food production.
Agriculture
Kaduna workshop charts post-project strategy against child labour in ginger farming
Stakeholders called for government support to consolidate gains recorded under the child labour eradication project in Kaduna’s ginger-producing communities.
Abuja
Akpabio declares National Assembly Week open, urges greater transparency
President of the Senate, Godswill Akpabio, on Wednesday in Abuja, declared the National Assembly Open Week open.
Sport
2026 World Cup: We were not at our best against Spain, says Mbappe
Deschamps’ last match as head coach of the team would be the third-place match between France and the loser of the semi-final match between Argentina and England.
Anti-Corruption
I have kept my promise to Ham people, says Gov Uba Sani
Governor Uba Sani has broken a 20-year-old jinx in Jaba local government, with the commissioning of five township roads in Kwoi, the headquarters of the area council.
![Governor Ahmed Ododo of Kogi [Photo Credit: Twitter]](https://gazettengr.com/wp-content/uploads/G_al6PKXIAAfMKN.jpg)
Education
Terrorists kidnap Kogi principal, four students during NECO exam
Terrorists have kidnapped the principal of Government Secondary School, Odo-Ekina, and four students sitting the National Examinations Council examination on Tuesday.
