Slovenian Parliament Adopts First Package of Measures to Help National Economy

During the emergency session, the Slovenian Parliament adopted a series of laws urgently needed to reduce the economic consequences of the new coronavirus epidemic. These measures are aimed, in particular, at job conservation, food provision and facilitation of business activities.

In particular, the Parliament has passed a law that will ensure an uninterrupted supply of food in the event of an exacerbation of the coronavirus epidemic. The government will be able to set prices for certain food groups and monitor selling.

The Parliament has also passed legislation to help companies conserve jobs if production stops during the coronavirus epidemic. If workers are sent to work at home due to supply disruptions or lack of orders, the state will cover part of salaries to be paid.

According to the Law on Emergency Measures, the state will help those employers who, due to the epidemic of the new coronavirus, are unable to provide work for at least 30 percent of the staff. At the same time, workers will be entitled to 80% of their average salaries for the last three months. The same will apply to employees who do not come to work due to quarantine. In this case, the state will reimburse to employers 40% of the compensation paid or 100% in case of quarantine. Dishonest taxpayer or employers undergoing liquidation due to bankruptcy will not be eligible for assistance.

The Parliament has passed the Law on Emergency Measures to Defer Borrower Obligations, which the government, along with some other measures, has prepared to mitigate the effects of the new coronavirus epidemic. Repayment of loans will be postponed for one year.

The Parliament has also passed the Law on Fiscal Emergency Measures that will simplify administrative procedures for companies that are already dealing with business damage due to the new coronavirus.

The Law on Emergency Measures in the Tax Sphere will allow taxpayers to file employment and corporate income tax returns for two months, that is, until 31 May 2020. The deadline for submitting annual reports for 2019 to Ajpes is also postponed to the end of May. If the epidemic does not end by 15 May 2020, all the indicated dates can be extended.