• Nadef: approved overnight, 2021 budget deficit for 22 billion

  • Jobs, the extension of the redundancy block linked to Cig Covid is being studied

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October 18, 2020 The Council of Ministers ended after about three hours, which gave the green light, unless otherwise agreed, to the budget law with the 40 billion maneuver and passed the decree law that postpones the resumption of the collection of bills to 2021 tax collectors.

The government has also given the green light to the Draft Budgetary Plan to be sent to Brussels.

With another related decree law, the extension of the Covid redundancy fund for companies will arrive until the end of the year.



The budget law thus cuts its first milestone and will be broadcast in the next few days in Parliament.

That put in place is a maneuver, financed for about 23 billion in deficit and which will be able to count on 17 billion in EU aid, mortgaged by the emergency, due to the surge in infections and the fear of a resurgence of the epidemic that could lead to new targeted closures.



The tax decree, after the expiry of the previous moratorium on October 15, should extend until the end of the year the suspension of payments due from payment notices, executive assessments and foreclosures of salaries and pensions.

Also expected to stop sending the new tax bills that from Monday the collection agent could have started to deliver to taxpayers in debt to the tax authorities.

The notification activity will therefore also be postponed to 2021.



The majority would also have found an agreement on the postponement of the plastic and sugar tax to 1 July 2021.

Italia Viva asked for the abolition of the two taxes which, without interventions, were destined to come into force from January 2021, and had threatened not to vote on the Dpb.

The compromise would have been reached during the summit that preceded the CDM.



In the maneuver approved tonight about 4 billion euros are allocated for health.

Also confirmed for 2021 30,000 fixed-term hires of doctors and nurses and the introduction of a fund for the purchase of vaccines of 400 million per year for 2021 and 2022.



The government also intends to add a decree law to the maneuver connected to anticipate some more urgent anti-Covid measures, such as the extension of the Covid Cig or the new rules for smart working in the public administration (Health Minister Roberto Speranza, during the summit with the regions, said that it could be reach 70-75%).



The decree, as announced by the ministers Gualtieri and Catalfo to the unions, provides for the extension of the Covid cig until the end of 2020 to extend coverage to companies that run out of it in mid-November.

Another 18-week tranche should then be financed, to be used next year, which can also be requested by companies that so far have not made use of the emergency shock absorbers.

A new meeting with the trade unions is scheduled for Wednesday but the CGIL, CISL and UIL have already made it known that the measures are not enough and it is necessary to extend the Covid case and the blocking of layoffs until the end of the emergency.

In particular, that of layoffs remains one of the knots to be resolved that has rekindled the clash between the government and the unions in recent days, creating divisions even within the executive.

The Minister of Labor, Nunzia Catalfo, reiterated that the block will continue for companies that will use the Covid cash register.



Among the measures to come, there is also the single allowance for children which will be financed with 3 billion and will start from July 2021. When fully operational, the measure will have a dowry of 6 billion.

The structural coverage of the tax wedge cut was also confirmed for incomes between 28 thousand and 40 thousand euros, the 30% deduction for companies in the South which will be accompanied by new reliefs for the hiring of young people and women.

Another area that is being worked on is support for sectors in crisis, tourism and catering, but also commerce and entertainment: an ad hoc fund should arrive, with a dowry of about 4 billion, to be allocated to the most affected sectors.