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  • After the Eurogroup agreement, the reactions. Gualtieri: now win the game. The doubts of the opposition
  • Coronavirus, Gualtieri: guarantees to companies for 500 billion

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April 14, 2020 Loans to businesses up to € 25,000 will be active from tomorrow, with "the first payments already possible on Monday". Economy Minister Roberto Gualtieri said it at Porta a Porta on Rai1. The minister then recalled that the interventions in Italy to deal with the Covid-19 emergency, adding the loans guaranteed to businesses and the credit moratoriums already activated, are "in the order of € 750 billion of public guarantees, an enormous effort even if necessary and necessary ".

Automatic bonus by April
"We plan to automatically pay the same people who received the € 600 allowance for the month of April. The new allowance, which is likely to be € 800, will arrive automatically at the end of the month, so we expect to be able to make up for this delay. We will not only pay those who have already been paid with the 600 euros for March, but also those who having the requisites will apply additionally: all those who have received the March allowance will have it on the account by the end of April ".

Stop business mortgages
"We have already had 75 billion loans affected by the moratorium on mortgages" with "664 thousand applications" for loans to businesses that are frozen, in addition "almost 30 thousand mortgages on housing have been suspended". "We have suspended all tax payments for another two months but we want to introduce, and this will be the subject of the April decree, also of the most permanent mechanisms, not only of postponing tax deadlines which are necessary, but also of refreshment or direct support to companies, and we are still working on this. " "There are various models followed in some countries, we are working exactly in this direction, there are various possible ways to follow this path."

Business loans from Monday
"The first disbursements of loans under € 25 thousand can already take place from Monday. As regards the more substantial loans, there will be a very simple mechanism: Sace sends the disciplinary to the banks tonight with the regulation, which will be extremely simple, in two days from the observation of the banks this regulation will be operative, from that moment Sace is able to give the guarantee to the loans that the banks will grant to the companies ". "The mechanism will be simple: the entrepreneur goes to his bank, negotiates the loan, the bank turns to Sace, who immediately and after a only formal verification of the requirements, provides the guarantees and the loan becomes payable. loans of a really large size there will be a further step, but nevertheless timely in order of time, "he added.

Loans without interest
For the loans promoted by the Dl Credito, "there is no rate by law, of course, but there is a public guarantee, which presumably will lower" the cost of the loan, "also because otherwise the customer goes somewhere else" by contacting another credit institution.

Su Mes surreal debate
On the Mes in Italy, "a somewhat surreal debate is developing", and the appeal to political forces is "let us conduct this negotiation, we are halfway along the way". Gualtieri recalled that "the Eurogroup has not decided and launched any instrument: it has gone from an original proposal, with a Mes to light conditionalities as the only response to the crisis, to a document that, thanks to the negotiation of Italy, puts on the table 4 proposals, which must be examined by the European Council: we are talking about a process that has not ended ". The Government of Rome has asked European partners "for a commitment that lives up to this challenge, and Commissioner Dombrovskis himself said today that it will serve at least a trillion and a half," said the minister, who added: "We have arrived to a menu of 4 proposals, and the main negotiation concerns the fourth ".

Cig later this month
"From what INPS says within this month all the" layoffs "payments will be made, some have already been made, in the cases anticipated by the companies, those with the Abi convention or that the INPS is already paying during this week, at the latest by the end of the month, thus increasing the time from 2-3 months to a month ".

We work on fiscal refreshment for companies
"We have suspended all tax payments for another two months, but we want to introduce, and will be the subject of the April decree we are working on, more permanent mechanisms, not only for postponing tax deadlines which are necessary, but also for refreshment or direct support to "enterprises. "We need to pay tax dues to those sectors of the economy that are working, but also not to pay taxes to those most affected by the crisis and that have had to close due to our ordinances - he added For now we have postponed them, then we will define a method of refreshment or support intervention
aimed at businesses ".