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Protective shield to manage the coronavirus pandemic

The German government quickly and decisively set up a protective shield for citizens, jobs and the economy in order to be prepared for all the social and economic effects of the coronavirus crisis. Our dedicated page explains how the protective shield will help.

Ger­many adopts the largest as­sis­tance pack­age in its his­to­ry

The global spread of the coronavirus presents Germany with unprecedented challenges. The German government is putting into place an assistance package of historic proportions. The measures contained in this protective shield aim to protect people’s health, to safeguard jobs, to support companies, and to maintain social cohesion.

Key fig­ures: up­date

The protective shield to manage the coronavirus pandemic is the largest assistance package in the history of the Federal Republic of Germany. The package ensures that targeted assistance is quickly provided to those who need it. Assistance totalling €64.3bn has already been approved (as of 04 August 2020).

Content-related sites

  • Tax mea­sures to as­sist busi­ness­es

    The German government is adopting a series of tax measures to support businesses of all sizes during the coronavirus pandemic. In coordination with the highest revenue authorities of the German Länder, the Federal Ministry of Finance has agreed to the swift implementation of tax relief measures for freelancers, self-employed individuals and other entrepreneurs. These include tax payment deferrals, adjustments to tax prepayments, and the suspension of enforcement measures. These measures also apply to taxes that are administered by federal authorities.

  • Pro­tec­tive shield to man­age the coro­n­avirus pan­dem­ic: Com­pen­sa­tion for short-time work

    The German government is expanding its short-time work scheme (Kurzarbeit), which provides compensation to certain workers whose working hours have to be reduced. The aim is to provide fast, targeted help if businesses experience work shortages during the coronavirus pandemic. Access to this benefit is being granted with retroactive effect from 1 March 2020. This means that businesses can apply for access to the scheme now.

  • Eu­rogroup state­ment on COVID-19 eco­nom­ic pol­i­cy re­sponse

    Following up on the videoconference on 10 March 2020 between European Council Members, as well as the ECB President, the Eurogroup President and the High Representative, the Eurogroup held an in-depth discussion on 16 March 2020, together with non-Euro Area Members, on how to respond to the extraordinary human and economic crisis caused by the Corona virus.

FAQs: Multi­bil­lion-eu­ro pro­tec­tive shield for Ger­many

The German government is taking swift action to combat the coronavirus crisis by providing comprehensive assistance programmes and adopting decisive economic and fiscal policy measures. What kind of assistance is available? You can find answers to the most important questions here.