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Source: SAP

Headline: SAP Speeds Emergency Aid Payment Amid Coronavirus Crisis

WALLDORF — Germany’s central and federal state governments have put together an emergency coronavirus grant program worth €50 billion. To deal with the anticipated flood of applications for aid, which are being handled at federal state level, SAP SE (NYSE: SAP) today announced it has deployed a legion of specialists to create a digital application process for the city of Hamburg and its development bank, the Hamburgische Investitions- und Förderbank (IFB Hamburg) — delivering in double-quick time.

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