In a bind: companies are waiting for 500 million euros in subsidized loans

The matter is steeped in history: The ERP fund was created from the money that Austria received from the USA via the Marshall Plan for reconstruction following the Second World War. Today, the state funding agency aws (austria wirtschaftsservice) manages the fund. It grants low-interest loans to companies for investment and innovation projects via trust banks. After that worked smoothly for decades, there is now a clamp.

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