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COVID-19 related financial and insolvency measures in European countries
A multijurisdictional overview for the central European, southern European and Baltic countries The COVID-19 pandemic has, and will have, an unprecedented impact on the economy of all countries across the globe. Many governments and banks have introduced extraordinary measures to moderate the financial and economic impacts of the pandemic and inevitable domino effect of credit […]
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COVID-19 related state support to businesses: financial measures in Lithuania
In Lithuania, state funds are being channelled to support businesses through the Lithuanian state company INVEGA, which has announced a list of measures in three main areas. Guarantees Portfolio guarantees for loans 2 (PGP2) and leasing 2, and export credit Available to small, medium-sized and large enterprises, if one of the following conditions is met: […]