Helping Out After a Tragedy: Examining Compensation for Businesses Affected by the Magdeburg Attack
Nation Assesses Compensation for Organizations Post-Cyber Attack - Assessment of Business Compensation Through Estimation
Let's dive into the ongoing investigation concerning aid for operators of the Christmas market stalls in Magdeburg, Saxony-Anhalt. Over 58 applications for ex gratia payments have been submitted, according to a spokesperson from the Ministry of Economics. The aim is to settle all applications by the end of August.
These payments include various expenses, such as personnel costs and rent for stalls or shops, post-attack. The total amount will be determined once all applications have been thoroughly reviewed.
Capital heads in the Magdeburg city council are also advocating for aid.
In the days leading up to Christmas, a man from Saudi Arabia rammed a vehicle through the Magdeburg Christmas market. A tragic six lives were lost, and around 300 others were injured, many seriously. The Christmas market was subsequently shut down.
This week, the Magdeburg city council is debating financial assistance for the stall operators. In a proposed motion, numerous factions urge Mayor Simone Borris (independent) to consider suitable compensation. The offer of reimbursement for the proportional stall fee for eight missed days, along with partial compensation for damaged or unsold goods, is deemed insufficient by the motion. "The economic damage is akin to the revenue losses during the Corona pandemic" is the motion's assertion.
The estimated revenue losses for the stall operators sum up to around two million euros. The final days of the Christmas market are traditionally the most profitable. The motion was put forward, in part, by, among others, the SPD, CDU, FDP, Greens, Volt, Animal Protection Alliance, and Animal Protection Party.
- Christmas Market
- Magdeburg
- Compensation
(Enrichment Data Note: No recent updates are available regarding the status of compensation for businesses impacted by the Magdeburg Christmas Market attack. Additional official announcements or statements may be necessary to learn about the current situation regarding compensation for affected businesses.)
- The motion put forward by various factions in the Magdeburg city council urges Mayor Simone Borris to consider suitable compensation for the operators of the Christmas market stalls, as they face estimated revenue losses of around two million euros due to the attack.
- In their proposed motion, the SPD, CDU, FDP, Greens, Volt, Animal Protection Alliance, and Animal Protection Party advocate for more extensive compensation than just the reimbursement for the proportional stall fee for eight missed days and partial compensation for damaged or unsold goods, comparing the economic damage to revenue losses during the Corona pandemic.
