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  1. Legal news
    03 April 2020
    Insights on the governmental measures taken in response to COVID-19 in Hungary
    www.twobirds.com/en/news/articles/2020/hungary/insights-on-the-governmental-measures-taken-in-response-to-covid-19-in-hungary

    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 ...

  2. Legal news
    03 April 2020
    KfW liquidity assistance gains immediate traction to combat COVID-19 in Germany
    www.twobirds.com/en/news/articles/2020/germany/kfw-liquidity-assistance-gains-immediate-traction-to-combat-covid-19-in-germany

    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 ...

  3. Legal news
    03 April 2020
    COVID-19: Germany's Federal Government announces Start-Up aid-programmes
    www.twobirds.com/en/news/articles/2020/germany/covid-19-germanys-federal-government-announces-start-up-aid-programmes

    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.

  4. Legal news
    14 May 2020
    EBA Guidelines on Moratoria on Loan Repayments in the Light of COVID-19
    www.twobirds.com/en/news/articles/2020/germany/eba-guidelines-on-moratoria-on-loan-repayments-in-the-light-of-covid19

    EBA issues Guidelines on legislative and non-legislative moratoria on loan repayments in order to support the financial system during the COVID-19 pandemic.

  5. Legal news
    01 April 2020
    German federal state development bank COVID-19 programmes
    www.twobirds.com/en/news/articles/2020/germany/german-federal-state-development-bank-covid19-programmes

    To soften the economic blow of COVID-19, the German federal states started set up liquidity assistance programmes.

  6. Legal news
    01 April 2020
    COVID-19: German Regulator BaFin uses “Full supervisory flexibility”
    www.twobirds.com/en/news/articles/2020/germany/covid-19-german-regulator-bafin-uses-full-supervisory-flexibility

    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 ...

  7. Legal news
    03 April 2020
    COVID-19: Germany establishes Economic Stabilisation Funds
    www.twobirds.com/en/news/articles/2020/germany/covid-19-germany-establishes-economic-stabilisation-funds

    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 ...

  8. Legal news
    01 April 2020
    Impact of COVID-19 on project finance: a German law perspective
    www.twobirds.com/en/news/articles/2020/germany/impact-of-covid-19-on-project-finance-a-german-law-perspective

    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 ...

  9. Legal news
    31 March 2020
    KFW emergency liquidity assistance to combat COVID-19
    www.twobirds.com/en/news/articles/2020/germany/kfw-emergency-liquidity-assistance-to-combat-covid-19

    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 ...