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Bankruptcies foreseeable: – “Corona aid a single catastrophe”

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Bankruptcies foreseeable: – “Corona aid a single catastrophe”

Clear words for the payment problems of the Corona financing agency COFAG from Gerald Zmuegg, Managing Director of the Finanzombudsteam consulting platform, in the krone.tv interview: “The design of the Covid aid for companies is a single catastrophe. More than 500 million euros have still not been paid out. And the political responsibility is also a total failure.” The numerous expert opinions that companies had to provide after COFAG queries “rather resemble a ‘Wild West story’”.

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