Posts tagged #COFAG
All PostsAustria: COFAG Partly Unconstitutional – Continued Disbursing
Constitutional LawThe Austrian Constitutional Court (Verfassungsgerichtshof, hereinafter VfGH) has declared parts of the legal basis of the COVID-19 Financing Agency of the Federal Government GmbH (COFAG) to be unconstitutional. However, payments can continue for th...
OGH: COFAG Subsidies Are Garnishable
Procedural LawThe Austrian Supreme Court (Oberster Gerichtshof, hereinafter OGH) has ruled that COFAG1 subsidies are, in principle, garnishable. In the original case, the court of first instance had granted the petitioning energy supplier, among other things, the ...
Fixed cost subsidy will be extended from September
Public LawIn September 2020, the second phase of the fixed cost subsidy will start for companies that suffer COVID-19-related revenue losses. In this context, new guidelines for granting these Phase II subsidies were published. The Fixed Cost Subsidy II (Fixko...
Directives on the granting of subsidies to cover fixed costs by the COVID-19 Finanzierungsagentur des Bundes GmbH (COFAG)
On the 25 May 2020, the regulation of the Federal Minister of Finance pursuant to § 3b (3) of the ABBAG Act (Bundesgesetz über die Einrichtung einer Abbaubeteiligungsaktiengesellschaft des Bundes) concerning guidelines for the granting of subsidies t...
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