Alice
Weidel
Credit
Guarantees for Family Businesses
AfD
Kompakt, April 1, 2020
[Alice Weidel is a chairman of the Alternative
für Deutschland delegation in the German Bundestag as well as AfD chairman in
the western German state of Baden-Württemberg.]
The
180,000 family businesses with their nearly eight million workers are the heart
and engine of our German economy. Particularly for the small and mid-sized
family businesses, there must be planning for state support more intensive than
hitherto, since they are threatened within the next three months with an
exhaustion of liquidity. Tens of thousands of insolvencies and hundreds of
thousands of unemployed would be the consequence.
So
as to prevent this and safeguard liquidity during the coming, critical months,
the Federal government must act quickly and undertake a 100 percent credit
deficiency guarantee of state aid credit for businesses through their house
banks. The deficiency guarantee of up to 90 percent so far planned by the
government is insufficient, since the banks will require complex examinations
of solvency of the businesses which may thus delay or prevent the credits.
[Translated by Todd Martin]
