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USA: CARES Act - Navigating the loan programs

14th April 2020

To make the provisions of the CARES Act easier to understand, MSI's Florida law member Trenam Law has prepared a table to help you navigate the loan programs which lays out the three primary loan/grant programs that are available to businesses under the CARES Act.

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Germany: New Short-time working allowance

14th April 2020

The new short-time working allowance is intended first and foremost to support companies that “suffer from massive supply bottlenecks or are compelled to close by the authorities.” MSI's German member ADKL provides further information on the new short-time allowance and how it works.

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Cyprus: Government economic (support) measures

14th April 2020

The global crisis caused by Covid-19, which affects the sustainability of states and the survival of people and businesses, hasn’t left Cyprus unaffected. The Cyprus government has introduced a number of financial support measures in order to tackle the disastrous economic effects of Covid-19. MSI's Cyprus law member Damianos & Co provides an overview of the measures introduced for the support of employees and businesses in Cyprus.

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Romania: Government allocates 2% of GDP to support local business environment, is that enough?

14th April 2020

The introduction of measures designed to diminish and control the spread of the COVID-19 infection has had a significant impact on business and the economy. In light of this, the Romanian tax authorities have introduced a series of financial measures to support businesses.

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