German State Aid – An Update

Short-time Work Despite Profits In The Billions?

The F.A.Z. is not known for lurid headlines, but this topic was too tempting even for the business editors ("Mercedes announces high profits and almost simultaneously applies for "Kurzarbeit"/short-time work"; FAZ, Wirtschaft, page 15 of February 21, 2023)

Politicians express outrage, but what is the legal situation? Will generous subsidies now be followed by meticulous checks and, in the end, strict penalties?

The whole post is available at Mondaq HERE

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