COVID-19 Updates

03 April 2020

Coronavirus (COVID-19): EBA Guidelines on Legislative and Non-legislative Moratoria on Loan Payments Applied in the Light of the COVID-19 Crisis

In order to minimise the negative effects on some categories of debtors in loan contracts, states such as, among others, Spain, France, Italy and Portugal have implemented legislative measures aimed at supporting the liquidity of undertakings and moratoria (payment deferrals) of payments under loans granted by banks or other financial institutions.