In the context of the COVID-19 pandemic, the Portuguese Government approved Decree-Law no. 10-J/2020, of 26 March (the "Decree-Law") which establishes a moratorium on certain financing agreements with a view to protect the liquidity of companies and families.
This briefing analyses the special legal regime of the moratorium on financing and discusses the following topics:
- Beneficiary Entities
- Affected Institutions
- Eligible financing agreements
- Moratorium
- Procedure for access to the moratorium
- Supervision and reporting duties
- State guarantees and mutual guarantees
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