Swiss plan to expand coronavirus aid for hard-hit companies

The Swiss government proposed on Wednesday expanding its hardship support programme for companies particular badly hit by the coronavirus pandemic from 400 million Swiss francs ($439 million) to 1 billion francs.

The government said it will pick up most of the bill for the expanded scheme if parliament approves, paying up to two-thirds of the costs with the remainder being paid for by regional governments. ($1 = 0.9110 Swiss francs)

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