COVID-19
Additional Amendments related to Slovenian Mandatory Moratorium on Banks Loans
On 13 May 2020, the Government of the Republic of Slovenia issued a decree on the implementation of the sureties for loans, which are subject to the moratorium.
Additional Amendments related to Slovenian Mandatory Moratorium on Banks Loans
On 28 April 2020, the Slovenian Parliament adopted the Law Amending the Act on Intervention Measures for Suppression of COVID-19 Epidemic and Mitigation of its Consequences for Citizens and the Economy, which includes certain amendments of the sureties for loans, which are subject to the moratorium under the ZIUOPOK, as well as amendments of certain additionally adopted measures concerning enforcement and bankruptcy procedures which are important for creditors and debtors.
#newliquidity - Additional Slovenian State Guarantee Scheme
The Slovenian government confirmed a draft of the new Law on ensuring additional liquidity to the economy for mitigation of the consequences of the COVID-19 epidemic. The draft is expected to be decided upon by the Parliament in an urgent procedure.
New Law on Amendments to the Emergency Act in Bulgaria
On 9 April 2020 a Law on Amendments to the Emergency Act in Bulgaria was published in the State Gazette.
Amendments to Slovenian Mandatory Moratorium on Bank Loans
On 2 April 2020, the Slovenian Parliament adopted the so-called Mega COVID-19 Law which amends the Slovenian emergency law concerning mandatory moratoriums on bank loans and introduces certain additional measures concerning enforcement and bankruptcy procedures which are important for creditors and debtors.
COVID-19 Related Payment Moratorium on Financings in Bulgaria
The COVID-19 pandemic has multiple effects on the economy. Many businesses struggle to survive and are or may become unable to service their bank debt in the same way as they did before the outbreak of the pandemic. Governments and central banks around the world are imposing various emergency measures and taking actions to support the economy, the business and households in this emergency situation.
COVID-19 Related Payment Moratoria on Bank Loans in Southeast Europe
Governments and central banks around the world are imposing various emergency measures and taking actions to support the economy, the business and households in this emergency situation.One of the measures some governments adopt is a payment moratorium on bank loans.
