COVID-19

Croatian Banks Provide Relief for Repayment of Loans under Covid-19

Following a coordination meeting between the Government and the Croatian Central Bank last week, the representative body of the Croatian banks announced that the banks have unilaterally decided to introduce several measures with a view to providing relief to entrepreneurs/borrowers affected by Covid-19 situation.

Slovenian Mandatory Moratorium on Bank Loans

On 20 March 2020 the Slovenian Parliament adopted an emergency law (Zakon o interventnem ukrepu odloga plačila obveznosti kreditojemalcev - ZIUOPOK) concerning mandatory moratoriums to be approved by Slovenian banks to Slovenian borrowers at their request, with a view of preventing substantial damage to the economy and maintaining financial stability.