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According to KOF chief Jan-Egbert Sturm, the Federal Council and the Scientific Working Group want to await the development of the corona pandemic in the next week and prepare if stricter measures are necessary to contain the corona virus.
“We have not yet given up hope that the stricter measures of October 28 will suffice,” Sturm said in an interview with the “Neue Zürcher Zeitung”. “But the discipline of the people has to improve. Otherwise they won’t be enough. “
Intensive care units are reaching their limits
The best protection against the virus is still wearing a mask, keeping your distance, and always considering whether a face-to-face encounter with this or that person is really necessary. Trace and function tests are also required.
Sturm assumes that hospital intensive care units will reach their limits this week. This is due to the fact that measures to contain the virus took three weeks to take effect.
It’s hard to say how long overuse will last. In some scenarios, it goes back early. In other scenarios, it takes longer, said Sturm, who heads the group of economists in the federal scientific working group.
Everything speaks in favor of more Covid-19 loans
Economists take a clear position on the question of whether Covid-19 loans or hardship regulations were the biggest benefit to the economy in the Corona crisis. Everything speaks in favor of resuming Covid-19 loans immediately.
This measure turned out to be very effective in the first wave. You know how loans work. A new Covid-19 loan program can help most affected businesses get through the tough time in a non-bureaucratic way.
Avoid bankruptcies
These are not gifts from the public purse. Rather, these are loans that are granted on less stringent terms than standard bank loans. The companies would have ten years to repay them.
And even if the companies concerned couldn’t do that, it shouldn’t bankrupt them. This is also a kind of difficulty rule. With current regulation, it is not entirely clear on what basis companies are supported. (SDA)
