After the National Assembly of the Republic of Serbia rendered the decision to revoke the state of emergency on 6 May 2020, both administrative authorities and businesses have gradually started to return to their regular activities.
JPM prepares for the significant increase in restructuring work as a result of Covid-19.
On 6 May 2020, the National Assembly of the Republic of Serbia rendered the decision to revoke the state of emergency which has been proclaimed on 15 March 2020 due to the epidemic of COVID19.
After nearly 2 months the Serbian Parliament has voted to cancel the state of emergency declared on 15 March 2020.
We are happy to be able to be back to work from our offices starting from May 11, 2020.
The Serbian Government has adopted the new regulation for the state guarantee scheme as the collateral for the loans of local banks to companies in Serbia as part of the economic measures aimed to minimise the negative impacts of the spread of Covid-19 to Serbian economy ( the “Guarantee Scheme”).
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