German FAZ: Gilded November000476

Gerald Kink wants to make one thing clear right away: “That really helps us,” says the hotelier and restaurateur from Wiesbaden. “We accept this money very gratefully,” assures the entrepreneur who runs the Hotel Oranien in the Hessian state capital, a long-established family business with 80 rooms and 36 employees.

Ralph Bollmann

Correspondent for economic policy and deputy head of economics and “Money & More” for the Frankfurter Allgemeine Sonntagszeitung in Berlin.

Marcus Theurer

Editor in the economy of the Frankfurter Allgemeine Sonntagszeitung.

The hospitality industry is one of the main beneficiaries of the aid amounting to ten billion euros, with which the federal government wants to console the affected industries about the corona-related closure in November. The rules were published by the Ministry of Finance and the Economy on Thursday after much back and forth. The fact that they needed almost a week for this was due to the pressure and dragging of the interest groups: Each individual case should be taken into account, and everyone who was indirectly affected should be compensated somehow.

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