Lately, there has been a lot of fuzz in relation to State provided loans. The temporary State aid framework for COVID-19 related disturbances in the economy, published by the European Commission, provides an initial framework how the State can provide loans with subsidized interest rates in a manner which is compliant with European Union State Read more
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On Wednesday, March 11, the World Health Organization (WHO) declared COVID-19 a pandemic. Due to the increasing prevalence of COVID-19 and the increasing number of people infected, contract compliance problems are getting more and more problematic. Therefore, the question of whether COVID-19 is a case of force majeure, which would make it excusable for the debtor’s breach, Read more
At a press conference on 10 March, the European Commission proposed a preliminary plan to tackle the coronavirus threat, which the European economy is facing currently. However, the current State aid regulation does not provide realistic solutions for Member States and aid might not expected in the near future either. Read more (in Estonian) Read more
The EU’s geoblocking regulation enforced as of December 2018 will significantly change the obligations of the online merchants and service providers. From this point forward, cross-border trade might mean in worst cases additional tax obligations and performing product and consumer protection obligations of other countries. As of 3 December 2018, the geoblocking in cross-border sales Read more