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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.
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 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 ...
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.
As COVID-19 continues to send shock waves through the economy, project finance developers prepare to sail through turbulent waters. Solutions are required for the manifold challenges of the crisis – be it the ...
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.
EBA issues Guidelines on legislative and non-legislative moratoria on loan repayments in order to support the financial system during the COVID-19 pandemic.
On 1 April 2020, the Federal Ministry of Finance alongside the Federal Ministry for Economic Affairs and Energy have announced a tailored start-up aid programme worth EUR 2 billion, to combat COVID-19 related recession.