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On its session held on 30 July 2020, the Serbian Government adopted the Conclusion no. 05 401-6052/2020 (“Conclusion” or “Second Package”), which extends the application of the first package of direct and fiscal benefits to business entities in...
29 July 2020 – In response to the COVID-19 pandemic, the National Bank of Serbia (“NBS”) adopted on 27 July 2020 two decisions aimed at protecting Serbia’s financial system: the Decision on Temporary Measures for Banks for the Mitigation of Effects...
20 May 2020 Update - On 15 May 2020, the National Bank of Serbia (“NBS”) adopted the Decision on the Conditions and Manner of Implementing Operations on the Open Market (“Decision”). Pursuant to this Decision, the NBS may buy and sell RSD-denominated...
27 April 2020 – As part of on-going efforts to mitigate the economic impact of the COVID-19 pandemic in Serbia, the Serbian government has recently adopted adecree (the “Decree”)[1] establishing state guarantees for qualifying commercial bank loans.Pursuant...
16 April 2020 – On 10 April 2020, as part of a wider package of economic measures aimed at mitigating the negative impact of the COVID-19 pandemic, the Serbian government adopted the “Decree on Determining the Program of Financial Support for Commercial...
14 April 2020 – On 10 April 2020, the Serbian Government adopted the support package for the Serbian economy in response to the COVID 19 pandemic that is worth in excess of EUR 5 bn and that had been initially announced on 31 March 2020.One of the measures...
Following the wave of similar legislation adopted in the US and EU countries, the Serbian government introduced a possibility to support the market liquidity, which is expected to be deteriorated due to the state of emergency introduced in response to...
In response to the volume of incoming client queries regarding the coronavirus situation, and with a view to be there to support you in the best way we can in these challenging times, Kinstellar has set up a dedicated COVID-19 Legal Task Force and has...