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24 August 2020 Italy will receive € 27.4 billion in loans from the EU, at interest rates much lower than those that would arise on the capital markets, thanks to the Sure program, funds that will be used to deal with "sudden increases in spending public to preserve employment ".The European Commission presented to the Council the proposal to give financial assistance to 15 EU member states for a total of 81.4 billion euros: our country is the first beneficiary of the scheme wanted by the Commissioner for the Economy Paolo Gentiloni and by that to Nicolas Schmit work, which aims in particular to support national programs that preserve employment in times of crisis, such as layoffs in Italy.
Satisfaction for the Commissioner for the Economy Paolo Gentiloni: "The working time reduction schemes have been fundamental in mitigating the impact of the Covid-19 pandemic on employment. Sure represents the contribution of the European Union to these essential safety nets ".
"As part of the Sure program, the European Commission has recognized our country 27.4 billion euros, the largest amount among those allocated to the various European countries. The implementation decision that was approved today, and which will be adopted in short by the Council, makes explicit reference to the main measures implemented by the Government to support work and employment: from the redundancy fund for all employees to the allowances for self-employed workers of various types, sports collaborators, domestic workers and intermittent workers , from the non-repayable fund for self-employed and sole proprietorships to parental leave, from the babysitter voucher to the measures for the disabled, from the sanitation tax credit to the 'Covid Adjustment' credit ", said the Minister of Economy and Finance, Roberto Gualtieri.
"It is an appreciation of the policies implemented in recent months by the Government to safeguard employment levels, which have been deemed important and worthy of being fully supported, and an acknowledgment of the choice we have made to launch very broad measures that are almost entirely financed ", said Gualtieri.
The second beneficiary is Spain, with 21.3 billion; followed by Poland, with 11.2 billion, and Belgium with 7.8 billion. Overall, 100 billion euros are available: the Commission has proposed aid for 81.4 billion to 15 countries. In addition to Italy, Spain, Poland and Belgium, the loans will go to Bulgaria (511 million), the Czech Republic (2 billion), Greece (2.7 billion), Croatia (1 billion), Cyprus (479 million), Latvia (192 million) ), Lithuania (602 million), Malta (244 million), Romania (4 billion), Slovakia (631 million) and Slovenia (1.1 billion). Portugal and Hungary have also submitted requests which are now under consideration.