In brief On October 14, 2020 the Hungarian Parliament adopted Act C of 2020 on Healthcare Service Relationship (“Act”) which fundamentally transforms the employment relationships at State-owned healthcare service providers. The Act envisages substantial increase in the statutory wages of physicians depending on seniority over the coming three years. Contents…
The pandemic has impacted our lives in many ways, but for many of us, one of the most…
The National Institute of Pharmacy and Nutrition (“OGYÉI”) published new decisions on its webpage concerning pharmaceutical promotional activities and interactions with HCPs. The OGYÉI investigated the commercial practices of Aramis Pharma Kft., Lilly Hungária Kft. and Sager Pharma Kft. and imposed fines due to alleged infringements.
In early March 2020, after COVID-19 had already begun its journey of destruction around the world, the European Commission (Commission) published its Comprehensive Strategy with Africa, outlining the region’s plans for its new, stronger relationship with the continent. The Commission had earlier stated that 2020 would be a pivotal year…
Just a few days after the entry into force of the special tax on retailers (effective as of 1 May 2020), which may amount to as much as 2.5% of their annual turnover, the Hungarian Government further tightened the rules on the distribution of food products by significantly restricting traders’ freedom to negotiate purchase prices.
The financial markets are experiencing a significant amount of disruption for which there is no precedent. However, in…
Countries around the globe are facing unprecedented and rapid change due to the COVID-19 pandemic. The Government Intervention Schemes Guide provides a summary of key government intervention measures across jurisdictions around the globe in relation to: Foreign Investment Restrictions Debt Equity Taxation EU State Aid Approvals (where relevant) Read report…
Baker McKenzie’s EMEA Employment and Compensation Team is pleased to provide you with this quick guide for employers,…
Read publication Welcome to the October 2019 edition of our newsletter. The EMEA Healthcare Industry Group Newsletter is…
On October 2, 2019, the World Trade Organization (WTO) issued an arbitration decision in European Communities and Certain Member States – Measures Affecting Trade in Large Civil Aircraft, WT/DS316/ARB. The decision authorizes the United States to impose $7.5 billion in tariffs on EU imports for EU subsidies to Airbus, making…