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MIL OSI Translation. Region: Germany / Deutschland –

Source: Federal Ministry for Economic Affairs and Energy

12/11/2020 – Joint Press Release – Economic Policy


The down payment procedure for November aid is in place. The Federal Ministry of Economics and the Federal Ministry of Finance have agreed on this. The November aid with a volume of more than 10 billion euros offers central support for companies, businesses, the self-employed, associations and institutions that are particularly affected by the current Corona restrictions. In order for the money to reach those affected quickly, payments on account will be made from the end of November. Federal Minister of Economics Peter Altmaier: “Cohesion and mutual solidarity are the order of the day. We are not leaving our companies and their employees alone in this serious situation. A quick start to the payout is vital for many solo entrepreneurs and small businesses. We have therefore agreed on a procedure for payment on account. The application is possible from the last week of November 2020. The first installments will also start in November. “Federal Finance Minister Scholz:” We are together in this pandemic. This also means that we help quickly and unbureaucratically. Now we are launching advance payments for self-employed individuals and companies. It is important that the application and the first payouts are still possible in November. That is good news for the self-employed persons and companies affected by the measures in November and their employees. ”The advance payment procedure comprises the following points: Self-employed persons receive an advance payment of up to 5,000 euros; other companies receive up to 10,000 euros. The application and payment are fully electronic via the platform The application starts in the last week of November 2020 (probably November 25, 2020). The first payments of the advance payments will be made from End of November 2020 The application is simple and unbureaucratic. In order to prevent misuse, measures are taken to ensure the identity of the applicant. The procedure for the regular payment of November aid is being prepared and finalized in parallel so that it can be started immediately after the advance payments.


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