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BaFin issued a general decree that lowers the required quota for the domestic countercyclical capital buffer to 0 per cent.
The novel coronavirus (COVID-19) pandemic has far-reaching consequences for the accessibility of justice and alternative forms of dispute resolution in Germany. In this article, we will provide you with an update on the ...
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.
In connection with the current economic crisis triggered by the coronavirus, the Eco-nomic Stabilisation Fund Act (Wirtschaftsstabilisierungsfondsgesetz - "ESFA") entered into force on 28 March 2020 and complements the ...
Temporary exclusion of landlord’s termination right for COVID-19 caused payment defaults
To mitigate the consequences of the COVID-19 pandemic, the German Bundestag passed a comprehensive package of legislative measures titled "Law to Mitigate the Consequences of the COVID-19 Pandemic in Civil, Insolvency ...
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 ...
To combat the Novel Coronavirus (COVID-19), the German Federal Government is taking a wide array of measures. Revisiting a proven instrument to combat economic upheaval, the government has established a EUR 600 billion ...
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 ...
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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