Cuba; Mexico: 70% of Debt Forgiven
(Nov. 8, 2013) The Mexican Sectary of Finance and Public Credit (SHCP), Luís Videgaray, reported that the Mexican Government will forgive payment of 70% of Cuba’s debt to Mexico, which amounted to...
View ArticleItaly: Measures to Reactivate the Economy, Promote Development, and Reduce...
(Nov. 19, 2014) The Italian legislature recently passed legislation to strengthen the national economy and to reduce bureaucracy. (Decree-Law No. 133, of September 12, 2014 (D.L. 133), Urgent Measures...
View ArticleItaly: Amendments to the National Budget Law
(Oct. 6, 2016) On September 9, 2016, new legislation amending the national budget entered into effect in Italy. (Law No. 163 of August 4, 2016, Amending Law No. 196 of December 31, 2009, Concerning the...
View ArticleItaly: Measures for Simplification of Companies and Public Administration...
(Feb. 5, 2019) On December 12, 2018, new measures to simplify public administration and promote the economy entered into force in Italy. (Decree-Law No. 135 of December 14, 2018, Urgent Provisions on...
View ArticleItaly: Law Authorizing Emergency Rescue Loan to Alitalia Takes Effect
(Dec. 20, 2019) On December 3, 2019, Decree Law No. 137 of December 2, 2019 (Decreto-Legge 2 dicembre 2019, n. 137) (D.L. No. 137), containing urgent measures to ensure the continuity of service of...
View ArticleItaly: New Regulations Granting Government Funds to Companies During the...
(Apr. 6, 2020) On March 23, 2020, the Ordinance of March 23, 2020, Benefits for Companies During the COVID-19 Emergency issued by the Presidency of the Council of Ministers (Prime Minister’s Office)...
View ArticleEuropean Union: Commission Adopts Temporary Framework for State Aid Measures...
(Apr. 10, 2020) On March 19, 2020, the European Commission (Commission) adopted a Temporary Framework for state aid measures (Temporary Framework) to support the European Union economy during the...
View ArticleItaly: New Decree-Law to Ensure Liquidity for Distressed Companies Enters...
(Apr. 21, 2020) On April 9, 2020, Decree-Law No. 23 (D.L. No. 23), which guarantees liquidity for companies in distress as a result of the coronavirus emergency, entered into effect in Italy (Misure...
View ArticleEuropean Union: Commission Proposes Temporary European Instrument (SURE) to...
(Apr. 24, 2020) On April 2, 2020, the European Commission (Commission) published a proposal for a regulation on the establishment of a temporary instrument for “support to mitigate unemployment risks...
View ArticleEuropean Union: Commission Adopts Second Amendment to Temporary Framework for...
(June 3, 2020) On May 8, 2020, the European Commission adopted a second amendment to extend the scope of the Temporary Framework for State Aid Measures to include recapitalization measures and...
View ArticleEuropean Union: Council Adopts Temporary European Instrument “SURE” to Help...
(June 16, 2020) On May 19, 2020, the Council of the European Union (Council) adopted “SURE,” a regulation establishing a European instrument to provide temporary financial support to mitigate...
View ArticleCuba; Mexico: 70% of Debt Forgiven
(Nov. 8, 2013) The Mexican Sectary of Finance and Public Credit (SHCP), Luís Videgaray, reported that the Mexican Government will forgive payment of 70% of Cuba’s debt to Mexico, which amounted to...
View ArticleItaly: Measures to Reactivate the Economy, Promote Development, and Reduce...
(Nov. 19, 2014) The Italian legislature recently passed legislation to strengthen the national economy and to reduce bureaucracy. (Decree-Law No. 133, of September 12, 2014 (D.L. 133), Urgent Measures...
View ArticleItaly: Amendments to the National Budget Law
(Oct. 6, 2016) On September 9, 2016, new legislation amending the national budget entered into effect in Italy. (Law No. 163 of August 4, 2016, Amending Law No. 196 of December 31, 2009, Concerning the...
View ArticleItaly: Measures for Simplification of Companies and Public Administration...
(Feb. 5, 2019) On December 12, 2018, new measures to simplify public administration and promote the economy entered into force in Italy. (Decree-Law No. 135 of December 14, 2018, Urgent Provisions on...
View ArticleItaly: Law Authorizing Emergency Rescue Loan to Alitalia Takes Effect
(Dec. 20, 2019) On December 3, 2019, Decree Law No. 137 of December 2, 2019 (Decreto-Legge 2 dicembre 2019, n. 137) (D.L. No. 137), containing urgent measures to ensure the continuity of service of...
View ArticleItaly: New Regulations Granting Government Funds to Companies During the...
(Apr. 6, 2020) On March 23, 2020, the Ordinance of March 23, 2020, Benefits for Companies During the COVID-19 Emergency issued by the Presidency of the Council of Ministers (Prime Minister’s Office)...
View ArticleEuropean Union: Commission Adopts Temporary Framework for State Aid Measures...
(Apr. 10, 2020) On March 19, 2020, the European Commission (Commission) adopted a Temporary Framework for state aid measures (Temporary Framework) to support the European Union economy during the...
View ArticleItaly: New Decree-Law to Ensure Liquidity for Distressed Companies Enters...
(Apr. 21, 2020) On April 9, 2020, Decree-Law No. 23 (D.L. No. 23), which guarantees liquidity for companies in distress as a result of the coronavirus emergency, entered into effect in Italy (Misure...
View ArticleEuropean Union: Commission Proposes Temporary European Instrument (SURE) to...
(Apr. 24, 2020) On April 2, 2020, the European Commission (Commission) published a proposal for a regulation on the establishment of a temporary instrument for “support to mitigate unemployment risks...
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