During the first pandemic wave, firms affected by government measures could apply for special debt protection until August 31. It was adopted in November soap opera, which allowed these companies to extend the moratorium for another three months, even without the consent of creditors. “The request for an extension was submitted by the parent company … Read more
Nicole Weinhold What would have to change fundamentally so that wind power projects can be implemented faster and with less risk? Michael Rolshoven: I would like to mention two approaches here: Firstly, the case law on exclusion planning at community level and regional planning is, as has been criticized many times, far too narrow and … Read more
Almost a quarter of a million Czechs enjoy the last two weeks of apparent well-being. But from November, they will have to start repaying their mortgages and consumer loans again. The pandemic in the Czech Republic, meanwhile, is writing its second and much wilder act than spring. The economy is still less closed than last … Read more
The last day of October ends the statutory moratorium, which allowed the postponement of loan repayments for up to half a year due to the coronavirus pandemic. According to estimates, non-banking and leasing companies have postponed almost one hundred thousand loans in billions of crowns. From November, however, all borrowers will have to start repaying … Read more
Nearly 70 elected officials from the left and environmentalists, among which Jean-Luc Mélenchon, Yannick Jadot or the mayor of Marseille Michèle Rubirola, are asking the government for a moratorium on the deployment of 5G in a column published by the Sunday newspaper. The government’s decision to allocate frequencies in September “Takes place without a climatic … Read more
One of the largest domestic real estate agencies, M&M reality holding, and the investment company Arca Capital continue to work on the capital merger. On Friday, the Czech-Slovak group Arca Investments in Slovakia applied for temporary protection from creditors under a law designed to help companies weather the effects of coronavirus. Arca Capital, controlled by … Read more
The governor Wanda Vázquez Garced yesterday signed a joint resolution establishing the voluntary moratorium on payments on personal loans, car loans, mortgages and credit cards until June. The measure also prohibits the collection of interest, surcharges and penalties. “I am pleased with the signing of Resolution 489, since it acquires the force of law and … Read more
Taking into account the situation that many Puerto Ricans are going through in the face of the emergency caused by COVID-19, FirstBank became the first local bank to offer an automatic loan moratorium from qualified customers. The benefit will be applied to payments in April, May and June, without having to contact the bank. The … Read more
The situation in the restaurant and hotel business is becoming critical: in March, the turnover in the restaurant business fell from 30 to 90%, the drop in hotel occupancy was more than 50%. This is stated in a letter addressed to Prime Minister Mikhail Mishustin, signed by representatives of the Federation of Restaurateurs and Hoteliers … Read more
The Council of Ministers will launch a first law decree on Saturday morning with immediate measures of economic support to the affected areas and productive sectors from the spread of the coronavirus. a first provision containing the emergency measures linked to the suspension of the payment of electricity and gas bills and the installments of … Read more