Chapter News, COVID-19 News

International Women’s Day 2021: COVID-19 pandemic is a major challenge for gender equality

Ahead of International Women's Day, the Commission published its 2021 report on gender equality in the EU, that shows the negative impact of the COVID-19 pandemic on women. The pandemic has exacerbated existing inequalities between women and men in almost all areas of life, both in Europe and beyond, rolling back on the hard-won achievements of past years. At the same time, gender equality has never been so high up on the EU's political agenda, and the Commission has made...

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COVID-19 News, Member News

AlixPartners | COVID-19’s impact on aircraft lessors: Are the dominoes starting to fall?

Aircraft lessors have been one of the biggest beneficiaries of the air travel boom of the last three decades, becoming a powerful force and an essential link in the aviation value chain. In 2019, lessors made up 50% of Airbus and Boeing deliveries through either direct contracts or sale-and-leaseback transactions. Lessors provide airlines aircraft financing in various forms and act as a buffer between aircraft OEMs and operators. This position helped them weather some of the initial shock of...

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COVID-19 News, Member News

Hogan Lovells | COVID-19 Report for Life Sciences and Health Care Companies

The COVID-19 Report is a compilation of coronavirus news, analysis, and insights from around the world to help life sciences and health care companies stay current in this challenging time. In Tuesday's Report: U.S. Senate to vote on relief package, an analysis of how data protection principles relate to vaccine passports, and a preview of a webinar series on the FinTech Strategic Review in the UK. Tuesday, 2 March 2021 The Hogan Lovells Government Relations and Public Affairs group is tracking all of...

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Chapter News, COVID-19 News

ECB | Speech: Macroprudential policy after the COVID-19 pandemic

Panel contribution by Luis de Guindos, Vice-President of the ECB, at the Banque de France / Sciences Po Financial Stability Review Conference 2021 “Is macroprudential policy resilient to the pandemic?” | Introduction It is a great pleasure to be here this afternoon and share some thoughts on the future of macroprudential policy in the euro area after the coronavirus (COVID-19) pandemic. About one year ago, the euro area was hit by a major unexpected shock: the COVID-19 pandemic. While this health and...

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COVID-19 News, Member News

Cozen O’Connor | I-9 Documentation Review Amidst the COVID-19 Pandemic

As we approach April 1, 2021, employers should be aware of the ever-changing policies and procedures surrounding their requirements to complete the Employment Eligibility Verification Form I-9 (and E-Verify if they have registered to use it or are required to use it by law) for all new hires. Traditionally, the document inspection requirements of Form I-9 were completed in person when the new hire was going through the onboarding process of a new position, requiring the employee to complete...

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COVID-19 News, Member News

MPC | It’s not the vaccines it’s the vaccinations

Covid-19 has killed 480,000 people in the United States and 2.39 million worldwide, while infecting 27 million people in the United States and approximately 109 million people worldwide.  Though at the moment, hospitalizations, deaths and new cases are fortunately dropping, it does not mean we are out of the woods just yet, especially with variants increasing in the U.S.  Although masks and social distancing are effective in slowing the spread of the virus, vaccines are a more effective means...

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Chapter News, COVID-19 News

EU doubles contribution to COVAX to €1 billion to ensure safe and effective vaccines for low and middle-income countries

The European Union has announced today an additional €500 million for the COVAX Facility, doubling its contribution to date for the global initiative that is leading efforts to secure fair and equitable access to safe and effective COVID-19 vaccines in low and middle-income countries. This new pledge brings us closer to achieving COVAX's target to deliver 1.3 billion doses for 92 low and middle income countries by the end of 2021. Team Europe is one of the lead contributors...

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COVID-19 News, Member News

Marks Paneth | Employee Retention Credit Extended and Expanded

The Consolidated Appropriations Act, 2021 (CAA) extends and expands the Employee Retention Credit (ERC) first created under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The ERC is designed to encourage businesses to keep workers on their payroll and support small businesses and nonprofits through the coronavirus economic emergency. Eligibility has been expanded to include employers who also received PPP loans.  There are two sets of rules: one for those claiming the credit for 2021 wages, and another set...

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Chapter News, COVID-19 News

EU Commission welcomes European Parliament’s approval of Recovery and Resilience Facility

Our ‘Next Generation EU’ recovery plan is about more than just money. It’s a very strong message of solidarity and of trust in the European Union. Now it’s time to deliver! The Recovery and Resilience Facility – a key part of our recovery plan – is on its way to becoming a reality after today’s signature. This will play a crucial role in helping Europe overcome the economic and social impact of the pandemic and will help us to secure the...

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Chapter News, COVID-19 News

Coronavirus: preparing Europe for the increased threat of variants

Today, the Commission is proposing immediate action to prepare Europe for the increased threat of coronavirus variants. The new European bio-defence preparedness plan against COVID-19 variants called “HERA Incubator” will work with researchers, biotech companies, manufacturers and public authorities in the EU and globally to detect new variants, provide incentives to develop new and adapted vaccines, speed up the approval process for these vaccines, and ensure scaling up of manufacturing capacities. Taking action now is important as new variants continue to emerge and...

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