Lockdown brought millions in Distress: So it is now to Finance the German

While the strict Corona-restrictions was every fourth German in financial Need. The loan comparison portal Smava had asked 10,000 people by the end of April and

Lockdown brought millions in Distress: So it is now to Finance the German

While the strict Corona-restrictions was every fourth German in financial Need. The loan comparison portal Smava had asked 10,000 people by the end of April and beginning of June, whether they were in "financial difficulties". The result: in Front of the locker it was every fourth German, now it is only every fifth. Especially short-time work and a poor order situation, many bring is still in a financial emergency.

Since mid-may, the strict Corona-restrictions in Germany are gradually loosened. Shops, Restaurants and cafes are allowed to open subject to conditions, again, schools and kindergartens to receive children. This also has a positive effect on the financial Situation of many German.

According to Smava, 3.1 million fewer people are now in a "financial bottleneck" as before the relaxations.

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Specific groups

particularly vulnerable, Especially the self-employed suffer from the Corona-crisis. In Lockdown, the half was nearly in financial distress, even with the loosening it is still a good third. According to the Smava this is mainly due to the poor order situation and the closed shops.

Of the workers are located, according to the Smava currently, 21.7 per cent in a financial bottleneck, in front of the relaxations, it was 32.4 percent. As the most common reasons for the poor order situation and a lack of kinter care were called.

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Date Of Update: 16 June 2020, 13:27
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