Corona crisis - so far 34,6 billion euros in economic aid

More than 34,6 billion euros in Corona aid have so far been promised or paid out by the federal government. How much has actually landed on the recipient's accounts so far is "a difficult calculation," said Finance Minister Gernot Blümel (ÖVP). Among other things, this results from the fact that guarantees have been assumed, of which one does not know how many of them would be effective. In the case of tax deferrals, it is again difficult to say how high the return flow will be.

In any case, significantly more aid per capita was paid out in Austria than in other EU countries, the minister referred to a study by the industry-related economic institute EcoAustria. In 2020, with almost 2.600 euros per capita, Austria paid out or granted more than twice as high Covid measures as Germany (1.300) or Switzerland (1.300) or significantly more than Sweden (1.300), Italy (1.700) or the Netherlands ( 2.200) is calculated.

Ten percent of GDP for relief efforts

In 2020 and 2021 together, Austria took over ten percent of GDP into deficit-effective COVID relief measures or promised. “This puts us in first place in the EU. The EU average is 1 percent of GDP. These aids are of direct benefit to the employees. 5,5 percent of the measures disbursed relate to short-time work, ”said Blümel to journalists on Thursday.

His main focus today was on the default bonus. Every company that has a loss of more than 40 percent in sales can apply for a bonus of up to 80.000 euros per month for March and April via FinanzOnline starting tomorrow. “We have currently received around 160.000 applications with a volume of almost one billion euros. Of these, around 110.000 applications with a total volume of over 700 million euros have been paid out. On average, 7.000 euros per month landed in the applicant's account within 10 days, ”summarized Blümel.

Business representatives today praised the government's help at a joint appearance with Blümel, but criticized the cap on the part of the EU. In this context, Blümel referred to previous successes in the talks with Brussels.

The so-called opening summit of the Chamber of Commerce took place in Vienna on February 25th, the hoped-for rapid opening of the catering, event and hotel industries has not yet taken place - with the exception of Vorarlberg. Business representatives are now hoping for the opening commission recently announced by the government. On the occasion of the first meeting of the Commission today, representatives of the event and exhibition industry pointed out the "need for a pragmatic and resilient plan for the reopening".

“The event industry has very long lead times and needs reliable planning security. The expansion of the protective screen must be an essential part of the opening plan, because the economic risk of unlocking cannot be handled in any other way, ”says Christoph Klingler from CTS Eventim. (apa)