COVID-19 has not only significantly slowed down social life, but economies as well. All over the world, authorities have to balance between protecting their nation’s economies and stimulating recovery, while still allowing for collaboration and cross-border trade and investments. The Foreign Direct Investment regulations in Europe are seeing exemptions in certain forms of cooperation, allowing state aids under certain conditions, but also increased restrictions in acquisitions to avoid ailing firms to fall into foreign hands.

This transatlantic EACC webinar is brought to you by the EACC Carolinas, EACC Cincinnati and EACC Florida. Pre-Pandemic studies have shown that in the United States there will be a shortage of 3.4 million workers in the next 10 years. This number might be exacerbated by the COVID-19 crisis on the US economy and the medium-to-long term effects of school and college closures and distance-learning on America’s future workforce.

This webinar is part of CLA's complimentary webinar series that highlights hot topics, updates, and helpful tips for finding tax savings opportunities and increasing cash flow during these unprecedented times.

Responses of the European governments to the COVID-19 pandemic and the liquidity crunch (and economic crisis that ensued) have differed: from full lock down to no-lock down; from massive recourse to the state-guaranteed loans to other forms of subsidies.