Current measures in Slovenia
On 19 October 2020, the Slovenian Government again declared an epidemic in the entire territory of Slovenia. The government prohibited gatherings of more than six people and restricted the movement of citizens between 21:00 and 06:00. On 24 October 2020, the Government adopted the Ordinance on Temporary Suspension of the sale of goods and services to consumers in the Republic of Slovenia. At present, all shopping centers, pubs, bars and restaurants are closed, except those that deliver food and drink. Sports activities are prohibited for all but professional athletes. With a few exceptions, people are not allowed to cross from one community into another except to travel to work, to seek emergency medical care and a few other exceptions. The same rules apply for travel across national borders.
As a response to the second coronavirus wave, the Slovenian Government recently adopted the new Act Determining Emergency Measures to Mitigate and Remedy the Consequences of the COVID-19 Epidemic (the “New Emergency Act”). The New Emergency Act came into force on 24 October 2020 and introduces several measures to help businesses, employees and other participants on the market, which were affected by the COVID-19 epidemic. The most important measures are the following:
- The New Emergency Act provides an extension of the subsidy for waiting for work at home until the end of the year for all sectors that show a decline in revenue of at least 20 % relative to 2019.
- The New Emergency Act also provides the subsidy for the salary compensation paid to employees for the absence from work due to the mandatory quarantine or force majeure. The salary compensation will be available from 1 September 2020 onward, at a level of 80 percent of one’s salary in case of force majeure and 50 to 100 percent of salary (depending on the cause of quarantine) in case of mandatory quarantine.
- The New Emergency Law also re-introduces temporary measures in the form of a monthly basic income and partial reimbursement of lost income for self-employed persons and micro-enterprises. Both measures will be in force from 1 October to 31 December 2020, and the Government will be able to extend them for a period of no more than six months. The amount of the monthly basic income will be EUR 1,100 for October, November and December 2020, except for beneficiaries in cultural fields, who will receive EUR 700. Self-employed persons will also receive EUR 250 in compensation for lost revenues in the event of mandatory quarantine.
Apart from the new measure, there still exist some other measures which were adopted by the previous emergency laws.
There are also some other Slovenian institutions who offer financial support to companies due to the economic crisis caused by the COVID-19 epidemic. For example, special loans and financial support is still available for companies by the Slovenian SID Bank, the Slovenian Enterprise Fund and the Slovenian Regional Development Fund.
Currently, there are no changes or special measures which would be adopted in the field of insolvency law.
This information was drafted by Marko Zaman, European Insolvency Practitioners Association Board Member