FRANKFURT (dpa-AFX) – “Frankfurter Rundschau” on off for voucher solutions for travel “:
“The corona crisis exposes misconstructions in the world of business. In the travel industry, a practice that is highly questionable has taken hold: advance payments and advance payments for flights or hotel accommodation. These are nothing more than interest-free loans for companies. Loans are the business of banks, although financial institutions are obliged to pay into security systems. If a bank goes bankrupt, deposit insurance takes over. In tourism, on the other hand, there are only rudimentary security systems for customers’ money. Politicians have deliberately ignored this. And Now we have the disaster. The corona crisis has brought down the system of prepayments. First, the federal government tried to save the collapse by expanding credit, at the expense of customers with vouchers. Fortunately, the EU does not cooperate. Now a state rescue fund is needed to prevent massive bankruptcies Indians. “/ yyzz / DP / nas
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