German companies rush to banks for emergency coronavirus funds

FRANKFURT (Reuters) - German companies are rushing to take advantage of a state-backed programme for emergency financing as they deal with the fallout from the coronavirus outbreak, bankers said on Tuesday.KfW, founded to finance the nation's rebuilding after World War II, on Monday began accepting applications for the loans from the nation's banks and their business customers. The effort is key to keeping Europe's largest economy at least partially moving along as business grinds to a halt to..