Germany to extend coronavirus help for mid-sized firms - sources

The German government is planning to expand its support for mid-sized companies with more than 10 employees hit by the coronavirus, government sources said on Tuesday. "Of course we still have to do something on this," one of the sources said, adding that details are being worked out.

Germany has so far decided on aid for entrepreneurs and small companies with up to 10 employees worth 50 billion euros to cushion the financial blow of the pandemic. There is also a fund to help larger companies with more than 250 staff. Mid-sized companies have complained that while they could get loans, they would be left heavily indebted after the crisis.

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