A proposal that transactions in notarial form can be concluded remotely and signed by electronic signature has been submitted to the Parliament. In addition, on 22 April 2020 the Government approved a project on changing the Law on Notaries, with the aim of legalising notarial acts using modern information technologies. It is envisaged that notaries […]
While Latvia already introduced video-conferencing mode for notary services back in 2018, it is now during times of pandemic and social distancing that remote access to notary services is very useful. Remote access to notary services is available at DigiNotārs (www.latvijasnotars.lv) through the “Latvija.lv” portal, with all the tools available there. However, certifying a document […]
In Lithuania, state funds are being channelled to support businesses through the Lithuanian state company INVEGA, which has announced a list of measures in three main areas. Guarantees Portfolio guarantees for loans 2 (PGP2) and leasing 2, and export credit Available to small, medium-sized and large enterprises, if one of the following conditions is met: […]
All three Baltic governments have set in place financial measures to help companies out of the crisis. The Estonian government adopted a short-term economic support package on 19 March 2020. In addition, new crisis measures were set in place in a supplementary budget for 2020 which was approved by the government on 28 April (subject to […]
In Latvia, state funds are channelled to support businesses through the state development finance institution ALTUM. State loans by the state development finance institution ALTUM Small, medium-sized and large enterprises facing financial difficulty due to COVID-19 spread may apply for loans to finance their working capital with subsidized/lower interest rates and decreased security requirements of […]
