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Effects of COVID-19 to Contracts – is it Enough to Call it Force Majeure?

The current COVID-19 outbreak and severe and numerous preventive and restrictive measures governments are continually introducing are first and foremost a global health concern. However, this situation has already caused significant distortions to businesses and their ability to perform their contractual obligations. The question of all questions seems to be if COVID-19 pandemic is a force majeure or not. […]

Employment situation in North Macedonia during the Covid-19 outbreak

On 18 March 2020, the President of the Republic of North Macedonia declared a state of emergency due to the Coronavirus (COVID-19) throughout the entire territory of the country for 30 days, with the possibility of extension. During the past week, the Government of North Macedonia adopted several measures listed below that affect the employment […]

Effects of Covid-19 to contracts – is it enough to call it force majeure?

The current COVID-19 outbreak and severe and numerous preventive and restrictive measures governments are continually introducing are first and foremost a global health concern. However, this situation has already caused significant distortions to businesses and their ability to perform their contractual obligations. The question of all questions seems to be if COVID-19 pandemic is a […]

Moratorium on loans and leasing due to COVID-19 – Serbia

Due to the developments regarding the outbreak of COVID-19 and the declaration of a state of emergency in Serbia, the National Bank of Serbia undertook emergency measures to facilitate the position of citizens and businesses in servicing debts. The two decisions on temporary measures were adopted on 17 March 2020 for the protection of debtors […]

North Macedonia introduces measures to combat COVID-19 outbreak

The President of the Republic of North Macedonia declared a state of emergency to combat the outbreak of COVID-19. The measure will initially be in place for 30 days. The Government of the Republic of North Macedonia (“Government“) also announced an initial set of economic measures for mitigating the consequences suffered by the businesses and […]

Measures against COVID-19 in the SEE

Since the outbreak of COVID-19 (the new coronavirus) spreads and impacts both our businesses and our daily lives, we decided to make a short overview of the current situation in the region. This article will cover the current state in the jurisdictions where Karanovic & Partners operates through cooperating offices. It is important to note […]

First Staff Leasing Law in Serbia comes into force

After years of legal vacuum, the new Staff Leasing Law (Law) finally introduces the legal framework for the so-called “staff leasing”. The Law tackles conditions under which staff leasing is possible, rights and obligations of agency workers, their equal status of agency workers and comparable employees, conditions for licencing of agencies as well as the […]

In the data protection crosshairs: New legislation in North Macedonia

After more than two years of preparations, public debates and consultations between different stakeholders, the Parliament of North Macedonia passed the new Law on Personal Data Protection (“Law”) on 16 February 2020. This game-changing piece of legislation introduces the GDPR in the local regulatory framework and it is already in force as of 24 February […]

Is the market for medical devices in Slovenia and within the EU becoming more significant?

The significance of medical devices is most certainly on the rise, considering not only its importance to patients, for whom medical devices represent life-enhancing products, but also developments in innovation, economics, and in the regulatory and legal sphere. Issues such as data privacy in the field of medical devices were not noticeable until connectivity became […]

Serbia: Rebranding the Trademark Law

Serbia recently reworked its Law on Trademarks, coming into force on 1 February 2020. What has changed? In local parlance: “Everything and nothing”. The changes are not extensive, but concern key features of the local trademark rules: 1. Oppositions The new law introduced an opposition system, as an auxiliary system to the existing framework. Per […]

Winning with integrity in the Western Balkans

The future is now In 2018, the Western Balkans had a population of approximately 21.5 million, an aggregate GDP of around EUR 230 billion, and an average growth rate of 3.8%. Although the countries of the Western Balkans share the same history, and to a large extent the same language, there is more variety when […]