We will see that financial institutions have a good understanding of credit policies, ensure continued financing support for industries and enterprises hit hard by Covid-19, and prevent industry-wide lending restrictions, fo...
The government on Saturday announced additional support schemes for businesses and the self-employed affected by the latest Covid measures, including grants, payroll subsidies, loan repayment suspension, rent holidays and tax breaks. Finance Minister Constantinos Petrides said this was the biggest ass...
LONDON, April 24 (Xinhua) -- British business group the Institute of Directors (IoD) on Friday urged the government to "improve and widen" the scope of coronavirus finance for small and medium-sized enterprises (SMEs) hit by the COVID-19 pandemic. In a survey of 879 SMEs leaders conducted...
Beginning in 2020, COVID-19 devastated the cruise industry, resulting in the entire industry being sidelined for over a year. But just as the U.S. cruise industry was preparing to return to safe sailing, the Florida legislature passed, and the Florida governor signed, a law prohibiting all ...
The COVID Debt Repayment Plan provides for a temporary and targeted levy that will apply for a period of 10 years. Large businesses with national taxable wages over $10 million will pay additional payroll tax at a rate of 0.5% and businesses with national taxable wages over $100...
system and revive the economy led to record budget deficits, and significant increases in the public debt, especially through 2012. Under the Trump administration, government spending to compensate for the economic effects of combating COVID-19 increased the deficit and public debt dramatically, and ...
On 2 April 2020 the Slovak Parliament adopted Act No. 67/2020 Coll. on certain emergency financial measures in relation to the spread of the dangerous contagious human disease COVID-19 (“Act 67/2020”), which provides a framework for provision of financ
Rather than truth, recent political history, eg Johnson, Trump, Brexit and Covid-19 (anti)vaccination, has shone a light on our post-truth society, where, as Illing (2018) notes, there is a disappearance of ‘shared standards of truth’. In such a society politics shifts from being the...
Under the impact of the COVID-19, the global economy has been hit hard. Governments around the world have adopted massive fiscal, monetary, and financial stimulus packages. While these measures were designed to respond to health emergencies, assist the vulnerable and put countries on the road to...
Status of Student Loan Payments The COVID-19 moratorium on student loan payments and interest came to an end on September 30, 2023. Interest began accumulating again on September 1, 2023.29 The Supreme Court in June 2023 blocked an effort from the Biden Administration to forgive up to $20,00...