Billion Euro Corona aid program for cultural sector

Billion Euro Corona aid program for cultural sector

Following the NEUSTART KULTUR and the Überbrückungshilfe III programs, the third aid package for the cultural sector is now coming. The German government is releasing a further 2.5 billion euros to support the cultural sector. According to Finance Minister Olaf Scholz, this makes the Corona aid program the largest cultural support program since the founding of the Federal Republic. A large part of the money is earmarked to support smaller events. But 0.6 billion euros has also been earmarked to cover the cancellation of major events with 2,000 or more participants.

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