Financially Struggling Businesses Post-Attack: Saxony-Anhalt Reviews Compensation for Christmas Market Operators
Authorities examine potential financial aid for companies impacted by the incident - Estimating Corporate Compensation Under Review by The Land
Hey there! Let's dish about the ongoing review of financial aid for the vendors affected by the Christmas market tragedy in Magdeburg. The state of Saxony-Anhalt is reviewing applications for ex-gratia payments, with a staggering 58 applications received. The Ministry of Economics aims to make decisions on all applications by the end of August.
This financial assistance covers various costs such as personnel expenses, rent for stalls or shops following the attack on December 20. The specific amount that will be granted to each impacted vendor will be determined after a thorough review of each application.
Several parties in the Magdeburg city council have raised their voices in support of financial assistance for the unfortunate vendors.
Right before Christmas, a fellow from Saudi Arabia decided it was a swell idea to wreck a car through the Magdeburg Christmas market. The grim toll was six lives lost, and nearly 300 injured, some quite severely. Of course, the Christmas market was, consequently, shut down.
This week, the Magdeburg city council is in heated discussions about financial support for vendors. In a motion, several factions urged Mayor Simone Borris (independent) to consider appropriate compensation. The current compensation offer of refunding the pro-rata stall fee for eight missed days, along with partial compensation for spoiled or unsold goods, is not deemed sufficient, according to the motion. "The economic damage is akin to the revenue losses during the Corona pandemic," it states.
The estimated revenue losses of vendors amount to an astounding two million euros, with the final days of the Christmas market traditionally being the most profitable. The motion was submitted, among others, by SPD, CDU, FDP, Greens, Volt, Animal Protection Alliance, and Animal Protection Party.
Keywords:
- Christmas market
- Saxony-Anhalt
- Compensation
Disclaimer: While I strive to provide accurate information, I'm just an assistance tool and my knowledge is limited. This information is a rewrite of an existing article and may not reflect the latest developments. For the most up-to-date information, I recommend checking local government or official news sources.
- The compensatory policy under review in Saxony-Anhalt concerning the affected Christmas market operators includes vocational training as a potential aid for those seeking to transition into other industries, such as retail or business, following their financial losses.
- The Magdeburg city council, in addition to discussing compensation for the Christmas market tragedy, has recently proposed the exploration of vocational training programs for the local community, as a means to bolster businesses and stimulate economic growth.
- In light of the ongoing discussions about financial support for the impacted vendors at the Christmas market, the consideration of vocational training opportunities within the local industry could serve as a complementary measure to help these businesses recover and thrive post-attack.
