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As countries shut borders, advise against travel and lock down entire countries, each segment of the economy will be affected by the consequences. COVID-19 will also have an impact on project finance facility agreement. ...
In response to COVID-19 pandemic, various financial first aid measures were adopted in the Czech Republic including loan programs or pecuniary support. Other financial first aid measures shall follow in near future.
In order to mitigate impacts of state measures adopted in connection with the coronavirus COVID-19 pandemic, the Government of the Czech Republic in cooperation with the Czech-Moravian Guarantee and Development Bank ...
1. An important piece of legislation designed to address and mitigate the potentially grave economic consequences of the coronavirus, Governmental Decree No. 47/2020 (III.18.) entered into force on 19 March 2020 (the ...
The President and the Prime Minister of Poland have announced a package of support measures for society and entrepreneurs called the Anti-Crisis Shield.
Following the outbreak of COVID-19, the financial sector as well as the government are taking several actions to mitigate negative economic consequences in an effort to keep the financial system in a good condition.
The German Covid-19 countermeasures include an unlimited loan programme facilitated by KfW, the state-owned development bank. Since its announcement in mid-March, thousands of applications have reached the collaborating ...
The German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) set up an emergency Website informing financial institutions, regulated entities and the public on all ...
On 2 April 2020, the Danish government has passed act no. 348 on postponement of holidays in connection with COVID-19 allowing employers to postpone employees’ holidays accrued to the next holiday period.
To combat COVID-19 and its economic impact, German state-owned development bank Kreditanstalt für Wiederaufbau (KfW) has introduced the unlimited “KfW special programme 2020.” We have summarised the programme with ...
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