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More time to pay the Crown loans and more time without interest: the National Council does not follow the Minister of Finance.
The federal government had provided up to 40 billion for crown loans. Just over 16 billion francs went to the companies. The program was completed in the summer, there is no new money, despite the second wave.
For this, the conditions will be adjusted retrospectively: the term will be extended from five to eight years and the zero interest rate will be guaranteed until 2028 instead of only until 2021.
Maurer: “That’s a bit dangerous”
Finance Minister Ueli Maurer defended himself in vain: “It is a bit dangerous if you come now three-quarters of years later and change something that was agreed in good faith and in writing at the time.”
Maurer received the support of the majority of the Liberals, the Green Liberals and his party. National Counsel SVP Thomas Matter, Chairman of a bank’s Board of Directors, spoke out against more lenient credit conditions for businesses: “In normal times, a healthy business can repay this loan in five years. If this proves impossible, the question arises, of course, does the company have a future. “
The center-left wants more money for business
However, a majority of the Greens, the SP and the center prevailed, and especially the left and the Greens made it clear that now, in the second wave, more money is needed for the economy.
Regula Rytz of the Greens criticized the Federal Council for allowing this credit program to expire: “Apparently, the Federal Council did not expect a second wave and put too much pressure on the brakes of solidarity guarantees.”
Apparently, the Federal Council was not expecting a second wave. “
And SP spokesman Cedric Wermuth said: Now that small and medium-sized enterprises are threatened with further loss of income, it is clear that “the Federal Council and this Parliament have a duty” to go further to avoid what companies do. and Jobs are expected in this country in the coming months.
Maurer: New emergency ordinance before Christmas
Finance Minister Maurer defended himself: The federal government is doing nothing. The important short-term work allowance is still there, as is Corona’s income replacement. And sport and culture would get extra money.
But the federal government will not be able to save all companies, save all companies from bankruptcy, Maurer said. It is at a different point than in March: “We no longer can and do not have to pay for comprehensive programs.”
We can no longer and do not have to pay for comprehensive programs.
Maurer again promised specific help for difficult cases together with the cantons, and it would arrive earlier than planned: “We suppose we can put the emergency ordinance for difficult cases into effect before Christmas.”
This is the second time the federal government has advanced the date by one week. For certain mountain railways or hotels, “just before Christmas” might be too late.