News
Updated List of Important Investments to Restart the Slovenian Economy after the Epidemic
On 19 May 2021, the Slovenian government supplemented the list of important investments, originally adopted on 30 September 2020 as part of the Intervention Act to Remove Obstacles to the Implementation of Significant Investments to Start the Economy After the COVID-19 Epidemic (the “Act”). The list originally included 187 investments worth approximately EUR 7.7 billion. The supplemental list identified 35 new investments and also removed 13, mostly redundant or replacement, projects. At present, a total of 336 investments are included in the list, which may be accessed here.
The Act aims…
Updated List of Important Investments to Restart the Slovenian Economy after the Epidemic
On the basis of the Intervention Act on removing barriers for the implementation of important investments to restart the economy after the COVID-19 epidemic which entered into force on 31 May 2020, the Slovenian Government has determined the list of important investments worth EUR 7.7 billion which can be further expanded.
COVID-19
North Macedonia Adopted the Fourth Package of Measures to Support the Economy during the COVID-19 Pandemic
The package is focused on the extension of the previously adopted measures with the purpose of further revitalization of the country’s economy.
Post COVID-19: Financial Support for Investment Projects in North Macedonia
1. Introduction
On 09 June 2020, the Government of the Republic of North Macedonia (the “Government”) adopted a decree with a legal effect as a law that extends the provision of financial support to companies in the industrial sector by co-financing investment projects in the period between March 2020 and December 2021.
2. Amount of the financial support
Companies may be provided with financial support in the amount of up to 25% of the realized investment project in accordance with the investment plan. Depending on the total revenue in 2019, the companies may apply for:
up to EUR 40,000…
Effectiveness of Provisional Measures Considering the Revocation of the Epidemic
The Government of the Republic of Slovenia adopted the Ordinance on the revocation of the epidemic of contagious disease SARS-CoV-2 (COVID-19), which entered into force on 15 May 2020 and will be applicable from 31 May 2020.
If the Economic Relief Measures Implemented by the Romanian State Do Not Suffice, What to Do Next?
Authors: Mirela Preda and Emanuel Flechea, NNDKP
Same as most of the states where the SARS-CoV-2 crisis emerged, Romania has adopted a quite extensive package of measures meant to sustain the shaken economy pending the cease of the emergency state. In this context, the Romanian Government regulated and is still implementing certain specific measures for easing the economic burden on companies during the state of emergency.
However, in the situation in which companies directly or indirectly impacted by the current state of play still face financial difficulties, irrespective of the support schemes…
Powerful Business Response to Global Health Challenge
Humanity needs from each of us unprecedented contributions to support and enhance healthcare systems’ response to the coronavirus threat.
COVID-19: Intervention Measures to Support the Slovenian Economy
On 21 April 2020, the Slovenian Government proposed the amendments to the Act on Intervention Measures for Suppression of COVID-19 Epidemic and Mitigation of its Consequences for Citizens and the Economy as adopted by the Slovenian Parliament on 3 April 2020.
Update on COVID-19-related Fiscal Incentives and Direct Financial Aid to Corporate Sector in Serbia – Status on 1 May 2020
BDK Advokati provides an update on COVID-19-related Fiscal Incentives and Direct Financial Aid to the corporate sector in Serbia.
#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.
Corporate Governance and Registration with the Romanian Trade Registry during COVID-19 – Emergency Kit Required
As of 16 March 2020, the day when the state of emergency was declared in Romania, the Government has adopted an impressive number of pieces of legislation aimed at preventing and limiting the spread of the new coronavirus, on one hand, and at reducing the negative impact on the economy of the implemented solutions, on the other hand. To be specific, about 75 acts (primary and secondary legislation) were adopted in the course of approximately one month.
