Germany’s $2.2 Billion Bailout for Startups Stuck by Who Pays Up
- Early April Berlin pledged to help young firms amid the crisis
- Finance and economy ministries fail to agree who will pay aid
Johannes Reck, managing director and co-founder of GetYourGuide, sits in the conference room at GetYourGuide.
Photographer: Christoph Soeder/picture alliance via Getty Images
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Germany has pledged 2 billion euros ($2.2 billion) to help its beleaguered startups, but the policy has stalled after the country’s governmental departments failed to agree on who has to pay.