Austria plans extra investment subsidies and tax breaks to help companies hit by the coronavirus pandemic, Economy Minister Margarete Schramboeck said on Sunday.
Companies that commit to investments in the next six months could get 14% of it back as a subsidy, she told broadcaster ORF ahead of a two-day cabinet meeting on more stimulus measures.
Leaders of the conservative-Greens coalition said on Saturday they plan one-off payments to jobless people and more help for families with children. Schramboeck said firms should get an extra six months of aid to cover fixed costs and be allowed to offset losses they incur this year against profits over the past two years to win rebates.
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