Shipping: Settlement of goods and services supplied to owners or operators of foreign-flagged vessels

By means of Order No2/21, of 24 March 221, the National Bank of Angola approved new terms and conditions for the settlement of goods and services supplied by local shipping agents and port services providers, to owners or operators of foreign flagged vessels calling Angola.

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The growth and dynamization of the economy needs predictability. And that ceases to exist. The planning of transactions not subject to EC scrutiny, when it involves certain assets, is now able to be Russian roulette.

Coronavirus Portugal: simplified support for micro-enterprises

The simplified support is created for micro-enterprises, in a business crisis situation and which have benefited from the simplified Lay-off or from the gradual recovery support, in the amount of EUR 1,330 per employee covered by those measures, paid in a phased manner over 6 months.

Coronavirus Portugal: Impact on leases and the exploitation of real estate in shopping centres

Are there any temporary measures applicable to lease agreements or the exploitation of real estate in shopping centres? Until 31 December 2020, it is suspended: The effects of termination of residential and non-residential lease agreements made by the landlord; The lapsing due to the course of time of residential and non-residential lease agreements, unless the tenant […]

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Romanian draft law on 5G technology under strong criticism from both public authorities and private stakeholders

The Draft law on the adoption of certain measures concerning informatic and communications infrastructures of national interest and the conditions for deployment of 5G networks initiated by the former Ministry of Transportation, Infrastructure and Communications has undergone a new series of examinations from the relevant public authorities as part of the legislative procedure.

Insurance Bulletin Spring 2021

Although the full impact of Covid-19 on the re/insurance industry remains unclear, the need to retain capital to meet potential losses has contributed to a general hardening of the market after 15 years of soft market conditions characterised by excess capacity, low prices and more relaxed policy terms.

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