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williamlawrance
by on April 27, 2020
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Social Security will compensate the payment of wages to workers who need to stay home or reduce their hours to worry for relations . altogether |one amongst|one in every of"> one among the primary measures that has lost strength after the avalanche of ERTEs in all sorts of companies. Pension plans The self-employed who have ceased their activity thanks to the coronavirus and people affected by an ERTE may redeem the contributions made to the pension plans to alleviate their liquidity needs. Shopping The deadlines for returning purchases are interrupted for the duration of the alarm for both face-to-face and online purchases. Usually the products are often returned during a month. The time will count again when the alarm state ends. the buyer is protected in contracts for the sale of products and therefore the provision of services whose execution is impossible thanks to the pandemic. R + D + i In the face of the health emergency online loans direct payday lenders only caused by Covid-19, public institutions of science, technology and innovation may establish extraordinary working hours . These extra hours are going to be compensated with the productivity supplement or through bonuses.The Ministry of Science will grant extraordinary credits to the Carlos III Health Institute for exceptional needs ( quite 25 million euros ) and to the CSIC (4.4 million). Liquidity problems Given the likelihood that some companies may have liquidity problems to form the income from certain self-assessments, the Tax Agency will adapt its operations. Thus, companies that avail themselves of the liquidity mechanism offered by the decree won't receive constraints for non-payment of taxes until the financing line reaches them. Bankruptcies Bankrupt companies haven't any obligation to file for bankruptcy . Two months will need to elapse from the top of the state of alarm in order that the judges can admit these requests for the required contest for processing. German has also taken this measure. Shareholders meetings Listed companies that might need to hold their shareholders' meetings at the top of June will have four more months, until the top of October . additionally , the govt allows them to be held electronically by the coronavirus, although it's not contemplated within the companies' bylaws. Public work In public works projects paralyzed by the pandemic, the concessionaire "may quick processing sameday payday loans restore economic balance by extending its initial duration to a maximum of 15% or by modifying the clauses of economic content included within the contract" . Economic cost The Government estimates the value of additional measures to the liquidity package of 200,000 million euros , 117,000 million public and therefore the rest private, which articulates the royal decree, at around 5,000 million euros . this is often the case of the ERTE and therefore the other non-financial measures.
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