Home » today » Business » New edition of the Covid credit program: The big quiz question New edition of the Covid credit program: The big quiz question January 19, 2021 by world today news Next week the Federal Council wants to decide on a possible new edition of the SME loans with a federal guarantee. But after the most recent decisions on hardship payments, it has become unclear what the purpose of a new loan program will be. — — In the event of a third wave of pandemics, will the loan program be reissued? Karin Hofer / NZZ — The federal government has had to listen to criticism on an ongoing basis since the outbreak of the Corona crisis. At least one project received good marks from broad circles: the program for emergency loans to help ailing companies with liquidity. Within a few weeks, the federal government and banks had built a billion-dollar program out of the ground last spring. And the money flowed quickly, especially for loans of up to CHF 500,000, 100% guaranteed by the federal government. In total, over 130,000 companies received loans totaling around CHF 16 billion. Abuses could not be avoided, but these seem to be within a manageable range. Last December found National Bank researchers also found that the program turned out to be targeted. – Related posts:A new AI-enhanced edition of Teams is unveiled by Microsoft.We are doing our best to prevent fuel prices from gallopingFirst Crash with Tesla Cybertruck in California Reveals Strength in Real Conditions666 Shopping Festival: 20% off Ocean Park Water Park Annual Membership + Weekend Film Festival and M...Share this:FacebookX Related Coniferous forest in winter, Swabian Forest, Baden Württemberg, Germany – STSF02758 Goodbye FCA, Stellantis takes off. It will be the fourth manufacturer in the world: “Growth yes, redundancies no” Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed. Search for: