March 14, 2020 / 10:29 AM / 15 days ago

Austria introducing 4 bln euro coronavirus aid package

VIENNA, March 14 (Reuters) - Austria is making 4 billion euros ($4.4 billion) available to deal with the economic fallout of the coronavirus pandemic, Chancellor Sebastian Kurz and Vice Chancellor Werner Kogler said on Saturday.

Kogler told a news conference with Kurz that the aim was to provide “fresh blood” for the economy reeling from the outbreak. The package will include bridge loans and credit guarantees for business, he and Kurz said. ($1 = 0.9005 euros) (Reporting by Francois Murphy; Editing by Edmund Blair)

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