Czech government approves $6 billion loan aid for virus-hit firms
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PRAGUE (Reuters) - The Czech government gave final approval to a nearly $6 billion (£4.94 billion) state loan guarantee scheme on Monday for up to 150,000 businesses hurt by the coronavirus outbreak, Finance Minister Alena Schillerova said.Business has complained help has been too slow in the export-driven economy that has been hard hit by the coronavirus crisis and is heading for a sharp recession in 2020.The new programme, called COVID III and approved by parliament and notified to the..