Protection of companies from creditors extended until end of 2020

Protection of companies from creditors extended until end of 2020

The government extended temporary state protection from creditors for companies affected by the coronavirus-induced economic crisis until the end of the year. The measure was originally supposed to expire at the end of September. New legislation on the temporary protection of viable companies from creditors will enter into force as of January 1st.

Anca Dragu, Photo: Flickr/reynermedia