. Real estate investors in Spain are finding it necessary to adjust the value of their portfolios to the circumstances. Hotels and the retail sector are particularly affected. The detailed article in the Spanish business newspaper Expansión published on 5 May 2020 provides a good insight into the situation in Spain. On the other hand, […]
On 24 March 2020, the Spanish government launched a guarantee scheme to provide liquidity to companies and self-employed professionals (Autónomos). This is intended to eliminate financial bottlenecks caused by the Corona pandemic. Of the 100 billion euros provided, a tranche of 20 billion euros will initially be made available. At least half of this is […]
As a consequence of the corona pandemic, the Federal Government in Switzerland adopted an emergency ordinance on 25.03.2020 to support small and medium-sized enterprises (SMEs). The Decree enters into force today, 26.03.2020. It concerns liquidity support for Swiss SMEs, which is provided with federal funds in the form of loans and guarantees. The total volume […]
The German government has adopted a comprehensive package of measures. This is intended to help companies, the self-employed and freelancers to overcome the consequences of the Corona crisis. The focus is on liquidity support, as many companies have lost revenues by interrupted supply chains and cancelled orders. Alongside tax relief and tax deferrals, the Federal […]
On 27.11.2019 the Business Climate Index for the year 2019 was presented at the Spanish Ministry of Industry, Trade and Tourism (Ministerio de Industria, Comercio y Turismo) in Madrid. Representatives of foreign chambers of commerce, embassies and consultants who accompany investors on their investments in Spain were invited, including attorney Dr. Bernhard Idelmann of the […]
On 10 and 11 October 2019, a conference on developments in cross-border debt enforcement was held at the University of Freiburg. Attorney Dr. Idelmann from the Düsseldorf law firm DR. IDELMANN & ASSOCIATES participated in this conference. The EU legislator is constantly active in order to make cross-border claim enforcement within the EU states more […]
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