![European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources](https://eaccny.com/wp-content/uploads/2020/06/eaccny-logo.png){kind=logo}
COVID-19 Related News
COVID-19 Related News
28
Jul
Employers’ Continued Use of Return-to-Work COVID-19 Testing Protocols Brought into Question
Until late July, the CDC offered a test-based or symptom-based strategy to govern the timing of “discontinuing isolation” for a person known or suspected to be infected with COVID-19. In an abrupt change in guidance, the CDC announced a test-based strategy is no longer recommended to determine when to discontinue home isolation, except in certain circumstances. The CDC now recommends following only a modified symptom-based strategy, which means:
Persons with COVID-19 who have symptoms and...
28
Jul
The Federal Reserve Board on Tuesday announced an extension through December 31 of its lending facilities that were scheduled to expire on or around September 30. The three-month extension will facilitate planning by potential facility participants and provide certainty that the facilities will continue to be available to help the economy recover from the COVID-19 pandemic.
The Board's lending facilities have provided a critical backstop, stabilizing and substantially improving market functioning and enhancing the flow of credit to households, businesses,...
27
Jul
This article was written by Shlomi Atash, Esq. |
The COVID-19 pandemic has dramatically impacted immigration policies and procedures globally. In order to stop the spread of the virus, countries around the world implemented new measures limiting migration. Many countries have restricted travel, preventing the entry of aliens who have recently traveled to nations with widespread COVID-19 outbreaks. Some countries have temporarily prohibited the entry of all aliens. Other countries are conducting mandatory quarantines of non-permanent residents arriving on international...
27
Jul
Main results
EU leaders agreed a recovery package and the 2021-2027 budget that will help the EU to rebuild after the pandemic and will support investment in the green and digital transitions.
We have reached a deal on the recovery package and the European budget. These were, of course, difficult negotiations in very difficult times for all Europeans. A marathon which ended in success for all 27 member states, but especially for the people. This is a good deal. This is...
27
Jul
“Behind the Mask” is more than just a Fleetwood Mac album. It’s a science-based recommendation by the U.S. Centers for Disease Control and Prevention (CDC), and even a requirement under a patchwork of state and local laws designed to stem the spread of the coronavirus. But what is an employer to do when an employee refuses to wear a face covering? What can an operator of a place of public accommodation do when a guest ignores the sign mandating face coverings?...
27
Jul
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...
24
Jul
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...
23
Jul
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...
