Title: EBRD Covid-19 Response: Financial Restructuring and Insolvency Discussion Paper
Author: Catherine Bridge Zoller, Legal Transition Team, EBRD
Language: English
Type: Document
Nature: Guidelines, Other PPP Reference
Published: May 1, 2020
Region: Global, Europe and Central Asia (ECA)
Country: Global / Non-Specific
Topic: Covid-19 and PPPs, Legal Framework, Financing and Risk Mitigation
Keywords: Covid-19 **, Financing, Force majeure/act of god
Document Link(s):
Document Summary:
Financial Restructuring and Insolvency Discussion Paper
Document Details:
The Covid-19 crisis has had a major impact on economic activity around the globe. Unlike the 2008-9 financial crisis, which originated in excessive bank lending, countries are dealing with a global health pandemic that has caused a crisis in the economy and is expected to spread to banks and the financial markets. Economies in the regions covered by the European Bank for Reconstruction and Development (EBRD)2 have experienced numerous political and economic crises before, but there is widespread agreement that the scale of the Covid-19 crisis and its global effects are unique. Many national governments and international organisations, including the EBRD, the European Union, the European Investment Bank, the International Monetary Fund (IMF) and the World Bank Group, have announced Covid-19 emergency financial assistance packages. More
Updated: October 25, 2021
This is a new section of the PPPLRC website and is currently in draft form. Your feedback is welcome: If you would like to comment on the content of this section of the website or if you have suggestions for links or materials that could be included please contact us at ppp@worldbank.org.
This is a new section of the Public-Private Partnership Resource Center website and is currently in draft form. Your feedback is welcome: If you would like to comment on the content of this section of the website or if you have suggestions for links or materials that could be included please contact us at ppp@worldbank.org.
Watch this space. Pandemics and PPPs section is intended to be a living document and will be reviewed at regular intervals. Let us know what you think by taking a Quick Survey.
This is a new section of the Public-Private Partnership Resource Center website and is currently in draft form. Your feedback is welcome: If you would like to comment on the content of this section of the website or if you have suggestions for links or materials that could be included please contact us at ppp@worldbank.org.
Watch this space. Pandemics and PPPs section is intended to be a living document and will be reviewed at regular intervals. Let us know what you think by taking a Quick Survey.