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Besides Germany, there are many countries adopting or adapting similar systems under COVID-19 circumstances: ERTE in Spain, the Ordinary Wage Guarantee Fund (CIGO) or the Wage Integration Fund (FIS) in Italy, Chômage Partiel in France, or job retention schemes in the UK.”
This is one of the topics discussed in our podcast about Kurzarbeit, highlighting both Romanian and German specificities, as well as expert insights and projections. A dialogue between Andrada Bulgaru, Partner at Bulboacă & Asociații, and Dr. Andreas Mauroschat, Partner at Ashurst LLP https://www.youtube.com/watch?v=tcPMCuVz68g&t=2s…
We are in an economic cycle marked by many changes in the financing sector. What is the main change from the perspective of large and very large entrepreneurs?
Cătălin Petrea, Partner at the law firm Bulboacă & Asociații, responds. https://www.facebook.com/story.php?story_fbid=1309824056018199&id=103033766697240&mibextid=wwXIfr&rdid=5rPpNuY406ynGzfL#…
The CJEU establishes the responsibilities of national courts when identifying the abusive nature of interest rate clauses.
Read the full article: https://www.juridice.ro/711099/706347-cjue-stabileste-atributiile-instantelor-nationale-in-cazul-constatarii-caracterului-abuziv-al-clauzelor-referitoare-la-dobanda.html…
What will investors and financiers be looking for in 2021?
Adrian-Cătălin Bulboacă, Managing Partner responds: “When financing a company, investors and financiers will assess the likelihood of identifying and applying a Covid-19 medical solution in the short to medium term, versus the assumptions underpinning the company’s business plan over a period of at least 3–5 years. Based on current public…
Whether it’s working capital for liquidity or investment purposes, entrepreneurs are now looking for sources of financing. How should companies prepare for new financing?
Adrian-Cătălin Bulboacă, Managing Partner responds. https://www.facebook.com/share/p/16RkJXrRyR/?mibextid=wwXIfr …
News from B&A
In today's fast-paced environment, our news and research can help you take advantage of financial and legal changes. Imagine what you could achieve with our full attention on your side.
Military Ordinance No. 7 from 04 April 2020
On April 4, 2020 the Military Ordinance no. 7 establishing new measures to prevent the spread of COVID-19 was published in the Official Monitor of Romania. Military Ordinance no. 7 stipulates that, during the state of emergency the quarantine measure is established in Țăndărei village, Ialomița county. Therefore, in the…
Ordonanța Militară Nr. 7 din 04 Aprilie 2020
Pe data de 4 aprilie 2020, a fost publicată în Monitorul Oficial al României Ordonanța Militară nr. 7 prin care se instituie noi măsuri pentru prevenirea răspânidirii COVID-19. Ordonanța Militară instituie pe perioada stării de urgență, măsura de carantinare în orașul Țăndărei, județul Ialomița. Astfel, intrarea, respectiv ieșirea sunt permise…
Technical unemployment – conditions and procedure
The conditions for granting the technical unemployment allowance, as initially consecrated by the Government Emergency Ordinance no. 30/2020 on the amendment and completion of a series of normative acts and establishing some measures in the field of social protection in the context of the current epidemic situation determined by the…
Military Ordinance No. 5 & 6 from 31 March 2020
On March 31, 2020 two new military ordinance, Military Ordinance no. 5 and Military Ordinance no. 6, were published in the Official Monitor of Romania; they stipulate new measures to prevent the spread of COVID-19. Military Ordinance no. 5/2020 According to the provisions of Military Ordinance no. 5 the measure…
Șomajul tehnic – condiții și procedura
Conditiile de acordare a șomajului tehnic, așa cum au fost ele inițial consacrate prin Ordonanța de Urgență nr. 30/2020 pentru modificarea și completarea unor acte normative, precum și pentru stabilirea unor măsuri în domeniul protecției sociale în contextul situației epidemiologice determinate de răspândirea coronavirusului SARS-CoV-2 (”OUG 30”), au fost modificate/nuanțate…