COVID-19 Business Resources

COVID-19 Business Resources

With daily updates about the economic impact of the Coronavirus (COVID-19) on businesses and questions about the relief offered by the European Commission, EU member states and U.S. Government agencies, EACC has put together an overview of state and federal relief available to offset economic losses.

American & European businesses are facing an unprecedented economic disruption due to the COVID-19 outbreak government worldwide have put together various loan programs to help those businesses.

This section offers resources from the US and across Europe to help you navigate this “new normal.”

We also added a selection of COVID-19 related member insights and resources. Please feel free to reach out to the EACCNY Office if you would like to connect to any of the EACC members to learn more about any of the issues raised in their articles and white papers.

NEED MORE HELP :
If you have questions or need assistance applying for the above relief programs, we encourage you to reach out to the EACC. We have a network of experts at the ready who can help you through the process and manage the labyrinth of paperwork. You can reach us by email at ybr[at]eaccny.com.

COVID-19 RELATED NEWS

Chapter News, COVID-19 News

EACCNY Post-Pandemic Labor Series Presents: Working from Home and the Challenges of Remote Supervision

With the help of our members, we are creating a Thought-Leadership series on the impact of COVID-19 on Labor & Employment from the perspective of both sides of the Atlantic. Today, we present Philip Berkowitz, Shareholder at Littler Mendelson in New York, and Ronnie Neville, Partner at Mason Hayes & Curran in Dublin, who will address "Working from Home and the Challenges of Remote Supervision." | Whether in Europe or America, there are advantages and disadvantages to working from home, both...

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Chapter News, COVID-19 News

Coronavirus response: Making capital markets work for Europe’s recovery

The European Commission has today adopted a Capital Markets Recovery Package, as part of the Commission's overall coronavirus recovery strategy. On 28 April, the Commission had already proposed a Banking Package to facilitate bank lending to households and businesses throughout the EU. Today's measures aim to make it easier for capital markets to support European businesses to recover from the crisis.  The package proposes targeted changes to capital market rules, which will encourage greater investments in the economy, allow for the...

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Chapter News, COVID-19 News

IMF Executive Board Approves a Temporary Increase in Annual Access Limits to Financial Support

Washington, DC | On July 13, the Executive Board of the International Monetary Fund (IMF) approved a temporary increase in the annual limits on overall access to resources in the General Resources Account and the Poverty Reduction and Growth Trust. The severe impact of the COVID-19 pandemic on global economic conditions has resulted in an unprecedented number of member countries seeking financial support from the IMF. As of July 13, 2020, 72 countries have already received financial assistance from the...

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Chapter News, COVID-19 News

REACT-EU: Council of the EU agrees on its partial negotiating position

The EU is providing additional funding and flexibility in the use of the structural funds to help member states' recovery efforts following the COVID-19 outbreak. EU ambassadors, meeting within the Committee of Permanent Representatives, today endorsed the Council's partial position on REACT-EU, the EU initiative with the biggest impact in the short to medium term, as well as on a series of amendments to long-term legislative proposals. We must ensure that European regions not only survive the crisis but emerge stronger...

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