COVID-19 Related News

COVID-19 Related News

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...
COVID-19 News, Member News

HSBC | Navigator – Resilience: The Future of Business

This Navigator Survey by HSBC asked 2,600 companies in 14 countries and territories to share their insights into the first half of 2020 and the future of business in the face of uncertainty. A picture of challenge and change Businesses around the world, no matter their size, are facing the greatest challenge in a generation. Leaning on our global network and our local expertise, our research across 14 markets indicates how the COVID-19 pandemic has affected a variety of businesses and their...
Chapter News, COVID-19 News

Recovery plan for Europe: Joint press conference following the Special European Council meeting of 17-21 July 2020

Opening remarks by European Commission President von der Leyen | Brussels | July, 21 2020 Thank you very much. Ladies and gentlemen, First of all, I would like to thank the President of the European Council – Charles Michel – for his enormous efforts and perseverance. This European Council's success is also his success. And I would like to thank Angela Merkel for her exceptional guidance. We negotiated for four long days and nights – more than 90 hours – but it was...
Chapter News, COVID-19 News

EU Council updates the list of countries for which member states should gradually lift travel restrictions at the external borders

Following the first review under the recommendation on the gradual lifting of the temporary restrictions on non-essential travel into the EU, the Council updated the list of countries for which travel restrictions should be lifted. This list will continue to be reviewed and, as the case may be, updated every two weeks. Based on the criteria and conditions set out in the recommendation, as from 16 July member states should gradually lift the travel restrictions at the external borders for residents...
COVID-19 News, Member News

Thompson Hine | Best Practices for Critical Workers Traveling to and from “Hot Spot” States

In the wake of the COVID-19 pandemic, many U.S. states and localities, such as New York, New Jersey, Connecticut and Louisiana, have adopted interstate travel restrictions to maintain lower levels of spread and contain the virus. Many of these travel restrictions take the form of mandatory 14-day quarantine requirements for people traveling to and from COVID-19 “hot spots” – states that have increasing cases or increasing positivity rates. These rules are being enforced in unique ways. For example, some states...
COVID-19 News, New York Related News

Updated COVID-19 Guidance for the Small Business Community in NYC

A message from NYC Small Business Services, based in NYC | Dear small business partner, We know the past few months have been challenging, but it’s up to us to keep our city safe and healthy. This week Mayor de Blasio urged New Yorkers to continue to wear face coverings indoors regardless of social distancing measures put in place. More information about face covering guidance can be found here. Testing and Tracing Getting tested is safe and by getting tested, you are helping to keep your loved...
Chapter News, COVID-19 News

The Next Phase of the Crisis: Further Action Needed for a Resilient Recovery By Kristalina Georgieva

When the Group of Twenty industrialized and emerging market economies (G-20) finance ministers and central bank governors last met in April, the world was in the midst of the Great Lockdown forced by the outbreak of COVID-19. As they meet virtually this week, many countries are gradually reopening, even as the pandemic remains with us. Clearly, we have entered a new phase of the crisis—one that will require further policy agility and action to secure a durable and shared recovery. I believe...
COVID-19 News, Member News

Andersen | To Help Businesses Survive the COVID-19 Pandemic, States and Cities Are Offering New Incentives and Relief Programs

Several states and cities are offering loans, grants and other incentives to help businesses weather the harsh economic environment created by COVID-19. At the same time, states struggling to contain budget deficits, such as California, are moving to scale back an important business deduction and impose a limit on the amount of credits that may be claimed. The COVID-19 global pandemic has severely impacted the global economy. To help keep businesses afloat, many state governments have created programs that offer...