19.03.2020 SUMMARY Today the Estonian Government decided to support companies and workers with a package of economic measures. In short: State resources are directed to support companies through the KredEx Foundation and the Estonian Rural Development Foundation. The package also includes labour market support the Estonian Unemployment Insurance Fund, sickness benefits and tax incentives. The […]
COVID-19 as force maejure aspect in contractual relations. Read more (in Latvian) here.
Since announcing a state of emergency on 12 March 2020 due to COVID-19, the Latvian Government is working on measures to support affected companies. As to the latest information available, the following is under discussion: –payment of salaries to employees from the state budget: where employees cannot work (due to idle time or otherwise) as […]
In Latvia there is a general option to apply to extend the tax payment deadline up to 1 year. This week the government is also discussing additional measures for business areas affected by COVID-19 and has promised to apply all tax measures in order to help to stabilise their financial situation. Currently these measures are […]
Read publication in Estonian here.