Dams against tsunamis? Governmental economy supporting packages

In order to combat Covid-19, governments around the world have shut down, sometimes almost totally, national economies. Economic life in many jurisdictions has abruptly come to a standstill, and international trade has been disrupted. The survival of many industries and businesses, and the success of the pace of economic recovery will depend on state policies undertaken during the crisis. Governments need to provide exceptional support to private companies with appropriate conditions. Policies in support of businesses and the financial sector will involve a mix of liquidity measures as well as solvency measures. At the same time, domestic policies need to be supported by maintaining international trade and cooperation.

On the basis of a comparative overview of state aid programmes for businesses in selected European countries as well as the EU and the USA, which is being expanded to include other parts of the world, this webinar will present and discuss the key measures taken, as well as the first experiences with the implementation and granting of support measures to companies.

Marco A Rizzi
Bratschi, Zurich; Chair, IBA Closely Held and Growing Business Enterprises Commit-tee

Christian Becker
Görg, Munich

Karl Hepp de Sevelinges
Jeantet, Paris

J Brian Davis
BakerHostetler, Washington, DC

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Adam J Higgins
BakerHostetler, Washington, DC

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Florian Jörg
Bratschi, Zurich

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Nicole van Ranst
CCO Golazo, Paal-Beringen; Corporate Counsel Liaison Officer, IBA Closely Held and Growing Business Enterprises Committee

Richard Spink
Burges Salmon, Bristol

Sergio Sánchez Solé
J&A Garrigues, Barcelona; LPD Council Member

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