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Cash and Cash Equivalents
6 Months Ended
Jun. 30, 2020
Cash and Cash Equivalents.  
Cash and Cash Equivalents

5. Cash and Cash Equivalents

At June 30, 2020, the Company’s cash and equivalents were € 87,141,000 as compared to € 111,950,000 at December 31, 2019. The cash balances are held at banks with investment grade credit ratings. The cash at banks is at full disposal of the Company.