- Temporary protection
- Deferral of credit payment
In order to alleviate the most urgent difficulties in the field of court proceedings, insolvency and enforcement caused by the coronavirus situation and the state of emergency, it was necessary to adopt several fundamental measures. Therefore, a new Act on some measures to alleviate the impact of the epidemy of the coronavirus SARS CoV-2 to persons participating in court proceedings, aggrieved persons, victims of criminal offences and legal entities, and on amendments to the Insolvency Act and Law Enforcement Act was adopted. The Act newly addresses especially the field of procedural deadlines and introduces some measures in the field of insolvency and court enforcement of decisions. Attorneys from Taylor Wessing list below a brief summary of the most important changes that will affect all of us in relation to the new Act. At the same time, they also point out that it must be borne in mind that the newly effective Act neglects completely a fundamental area of substantive time limits.
- Launched in early April: A secure payment solution for regional, brick-and-mortar retailers
- Online payment solution for SMEs within an hour
- For home deliveries: Options for fast payment via email or SMS
Václav Havel Airport Prague has handled more than 40 special cargo flights with medical supplies on board in a month
Václav Havel Prague Airport remains open for all arrivals and departures. Thanks to this fact, a total of 44 special cargo flights with medical supplies were able to land there since 20 March 2020 when the first aircraft with medical supplies on board landed in Prague. More than 1,200 tons of medical aid in total has already reached the Czech Republic. The total volume of cargo handled at Prague Airport, including regular cargo routes, has increased by 26.5% year-on-year during this period. Since 18 March 2020, Prague Airport has also handled a total of 33 arrivals and departures of repatriation flights with passengers on board. More than 3,600 passengers, mostly Czech citizens returning home to their families and loved ones from abroad, have arrived in the Czech Republic aboard those flights. Moreover, approximately 900 foreign nationals have been able to travel back home from the Czech Republic this way.
A podcast Series with Spencer Levy and Guest Lenny Beaudoin on How businesses can begin to prepare and adapt for a return to the workplace
Each week our economic and industry experts share their distinct views on what matters most today in commercial real estate and the world at large. Welcome to The Weekly Take.
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Strategic Directions for Czech Economic Policy
- 1) Transition to High-Tech Manufacturing
- 2) The City Campus as Idea Factory
- 3) Government Programs That Drive Innovation
- 4) Government as a Competitive Advantage
In Policy Pipeline policy developments in the Czech Republic and abroad are monitored to bring better understanding of current topics and trends.