280 million in emergency aid for culture

The Federal Council has announced measures to cushion the economic impact. In the cultural sector, too, it is important to prevent bankruptcies and mitigate the drastic financial consequences.

Anastasiia Chepinska/unsplash.com

In this way, the Federal Council aims to "prevent permanent damage to the Swiss cultural landscape and preserve Switzerland's cultural diversity", as it stated in the Media release writes. And further:

"The economic impact of the ban on events on the cultural sector (performing arts, design, film, visual arts, literature, music and museums) is to be cushioned by means of emergency aid and compensation. As a first step, it is making CHF 280 million available as an initial tranche for two months. During these two months, the Confederation will monitor further developments together with the cantons and cultural organizations. The following measures are planned:

Firstly, the federal government provides funds to provide emergency aid to cultural enterprises and creative artists: non-profit cultural enterprises, for example foundations, can receive repayable interest-free loans to ensure their liquidity. Cultural professionals can claim non-repayable emergency aid to cover their immediate living costs, provided this is not covered by the new compensation for loss of earnings based on the Loss of Earnings Compensation Act. This is handled by the cantons (cultural enterprises) or by Suisseculture Sociale (creative artists).

Secondly, cultural enterprises and cultural professionals can apply to the cantons for compensation for the financial loss associated with the cancellation or postponement of events or the closure of businesses. The compensation covers a maximum of 80 percent of the financial loss. The Confederation shall bear half of the costs awarded by the cantons.

Thirdly, amateur associations in the fields of music and theater can be supported with a financial contribution for the financial loss associated with the cancellation or postponement of events."
 

The Federal Council has also Gatherings of more than five people prohibited. He refrains from imposing a ban on going out and instead relies on the solidarity and personal responsibility of each individual. It is important that the population understands the measures. After all, they must be adhered to by April 19. This requires a great deal of perseverance from everyone.

 

Picture credits

Photo by Anastasiia Chepinska on Unsplash
https://unsplash.com/photos/WLfG-Q_tv2A
 

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