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Insights & Legal Updates

30/05/2020

New bill voted - Drastic measures against the negative effects of the Covid-19 pandemic

Last night, the Parliament voted a new bill, which includes some drastic measures against the severe and continuing negative effects of the Covid-19 pandemic. The most important ones and those of a most urgent nature are outlined below: 1. The -generous- 40% reduction of monthly...
28/05/2020

From Lufthansa to Aegean Is State Aid the appropriate solution? Should other airlines like Aegean follow suit?

There is no doubt that one of the sectors that was hit the most due to the COVID-19 outbreak was the aviation sector. Due to the dramatical profit decrease caused by border restrictions imposed by states, Lufthansa diagnosed its inability to look for capital endorsement from the...
26/05/2020

German Constitutional Court’s Judgement on PSPP: How stable are the EU’s foundations? Are we at the brink of a Constitutional crisis?

On 5 May 2020 Germany’s Federal Constitutional Court, based on Karlsruhe, came to a groundbreaking decision, ruling for the first time ever, among others, that both Germany’s Government and Legislator violated its Constitution by not properly supervising the European Central...

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