Our team in Italy have been creating the Insights below to help you navigate through the significant operational and commercial challenges in the country.
In light of the global pandemic COVID-19, governments around the world are offering financial measures to support businesses. This is intended to ease the impact economically on these countries. Our report covers multiple jurisdictions and the measures introduced in their respective countries.
In order to ensure business continuity, the Law Decree no. 23 of 8 April 2020 (also known as “Liquidity Decree”) introduced some measures aimed at foster lending, through the provision of State guarantees on financing to Italian businesses.
Lockdowns can save lives and are considered best practice in crisis response. However, depending on circumstances, some lockdowns may produce anxiety, stress, and traumatic symptoms in airline pilots. Do these effects have a consequence in airline operations?
As a result of the spread of the COVID-19 virus, the Italian Legislator adopted several measures to contain the epidemic suspending the majority of activities (exception of those considered essential, which may continue in compliance with certain specific measures to contain the epidemic).
In order to deal with the emergency situation resulting from the spread of the so-called "coronavirus", the "Cura Italia Decree" (Law Decree no. 17 of 16 March 2020) has introduced some measures with an important impact on the credit system, supporting businesses and families.
With resolution dated 20 March 2020, the Bank of Italy has introduced a package of extraordinary measures to help credit institutions and other regulated financial intermediaries to tackle the COVID-19 emergency.
The COVID-19 spread in the most industrialised area of Italy – and among the most developed areas in Europe –requires some brief considerations on the impact of the emergency measures adopted by the Italian Government for the containment of the epidemic on pending agreements.
As the volume and geographic spread of cases of COVID-19 continues to increase, DWF has been reviewing the actions it needs to take to enable our business to continue operating effectively whilst ensuring we are doing all we can to safeguard the wellbeing of our people, our clients and other stakeholders.