COVID-19 CEE Legislation Tracker: Highlights from Calendar Week 27

29 June 2020 | newsletters

In this article we provide an overview of the most recent Covid-19 legal developments across CEE. We are constantly monitoring the laws for updates. For a detailed overview, please take a look at the comprehensive cee legislation trackers.

Find updates for:

 


Austria   

Banking & Finance and other support measures

  • 03/07: guidelines for NPO support fund regulating i.a. purpose, eligibility and procedure published in federal law gazette - entry into force on 06/07 (find the guidelines here).
  • 02/07-03/07:
    • parallel federal bond auction by OeKB (find the result here);
    • support measures enacted in form of grants amounting EUR 1 bn (in total) by federal government for investments and projects by Austrian municipalities (in force as of 01/07, find more details here);
    • extension of statutory moratorium for payments under loan agreements until 31/10 in force (find the amendment here). The Judicial Committee had ascertained (09/06) previously that the extension is in line with the relevant EBA guidelines, preventing for credit-rates to be designated with forbearance status.
    • exemption re equity substituting loans extended until 31/10: certain loans not to be deemed equity substituting if granted by shareholders to their company for no more than 120 days from 05/04 until 31/10 and for which the company has not provided a pledge or comparable security from its assets (find the amendment here).
  • 02/07: grant scheme amounting EUR 2,000.- for enterprises who employ and keep apprentices after their first month - detailed guidelines to follow (find more info here).

Insolvency

  • 03/07: suspension of obligation to file for bankruptcy due to over-indebtedness extended to 31/10 (find the amendment here)

For the full overview of the Austrian legislation, please see the Austrian legislation tracker.

 

Czech Republic 

Healthcare

  • 01/07: Mandatory wearing of facemask: health and social institutions, Prague metro, indoor events in Prague and Moravian-Silesian Region with more than 100 attendees (for example theaters and cinemas etc.)
  • 01/07: Restaurants may open inside and their gardens without a time limit under certain conditions, such as minimum distance 2 meters between customers, hand sanitizer provided at the entrance, chairs are cleaned and disinfected before each new group of customers, take out window must be cleaned and sterilized every two hours etc.  

For the full overview of the Czech legislation, please see the Czech legislation tracker.

 

Poland   

  • 24/06: "Shield 4.0" comes into force (including: new regulations on remote work; subsidies for interest on bank loans; simplified restructuring proceedins).
  • 13/07: upcoming deadine for the posponed 1st UBO filing.
  • 24/07: introduction of new FDI screening rules."

For the full overview of the Polish legislation, please see the Polish legislation tracker.


Stay tuned: The latest developments will be reflected in next week's article.