„But the moves announced by the German government on Friday go much further than any other European country. Officials said they were designed to provide companies with a “protective shield” by vastly increasing access to loans provided by the state bank KfW. The German budget currently guarantees KfW a financial framework of €460bn, but officials said this could now be raised by €93bn, giving the bank more than €550bn in available firepower. “And that is just the start,” Mr Altmaier said.The terms of KfW loans would be changed so that the federal government assumes more risk, he said, while loan application procedures would be simplified and speeded up. Access to credit guarantees would also be expanded. “We are making an unlimited pledge, to the smallest businesses, from taxi-drivers, to the creative industries, to really big firms with tens of thousands of workers,” said Mr Altmaier. Business groups welcomed the measures. “The whole package is an important signal that German companies need right now,” said Eric Schweitzer, head of the German chambers of commerce and industry.„
Can EcoGraph plant in Germany or finally Epanko get funding?! Another month of silence around Epanko. Andrew Secure this now!!!! I’m sick of blabla without delivering while everyone else get its shit together and us running out of money paying for staff and board members we don’t need and flying them around the world? What is our board member for 250k plus housing doing in Tanzania? We didn’t see progress for 5 years there, so cut this! What is conidi doing? Cut this!
2 freaking meetings a year with officials are not worth paying more than 1 mil for this work especially when the SH return for the meetings outcome is -0! Should stop here. Amen.
https://www.ft.com/content/1b0f0324-6530-11ea-b3f3-fe4680ea68b5
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