On March 17, 2020, the Italian Government enacted Law Decree No. 18 (“Decreto Cura Italia” or “Decree”) issuing measures aimed at strengthening the national health service and economic support for families, workers and enterprises in connection with the COVID-19 epidemiological emergency.
Among all implemented measures, Article 55 of the Decree will probably have a significant impact on the distressed assets sale market in Italy. The Decree aims at boosting the assignment of non-performing loans and receivables (“crediti deteriorate”) by allowing...
Together with our members we are creating a Video series of first-hand accounts of the Pandemic’s impact, both personally & professionally.
We invite you to join us today for a first-hand look at the impact of the global shutdown following the Coronavirus (COVID-19) outbreak – Today we are featuring Frank de Winne, Head of the Astronaut Center at the European Space Agency a Friend of the EACCNY.
The questions we asked our members for this series are:
1) What are some challenges...
June 04, 2020 |
• The COVID-19 crisis threatens long-lasting changes to the way we work. It is affecting employees and employers everywhere.
• The impact so far has been considerable but varies sharply according to industry and country. The latest data show that half the global workforce is at risk of losing their livelihoods.
• There are major concerns regarding the ongoing viability of companies, large and small. Some are in short-term survival mode – others are accelerating strategies to digitalise...