Germany all set to broaden economic aid to more areas

Bloomberg

Germany will broaden its economic aid to more areas including arts to help them weather the fallout from the coronavirus, the Tagesspiegel newspaper cited Finance Minister Olaf Scholz as saying in an
interview.
“The arts and culture need their own stimulus program, we want to massively help people here,” Scholz said. “We also have to do something for hotels and restaurants, which are severely weakened. Thirdly,
the municipalities also need massive support.”
Germany will also have to pursue an “incredible modernisation push” in order to maintain and expand its wealth without using fossil fuels, the newspaper cited Scholz as saying.
The minister wants to use state aid for companies to make the economy climate-neutral by 2050, according to Tagesspiegel.