Istat, business confidence in July at its highest ever.
Consumer confidence is also rising
The measures envisaged in the Covid Decree: this is what changes from 6 August
Share
August 21, 2021 The credit support action linked to the introduction of the measures developed by the previous government last year to deal with the Covid pandemic, "has run out".
This was underlined by the studies office of the CGIA of Mestre, according to which the credit stock linked to the various measures "began to grow, reaching its maximum peak in November 2020, and then began a slow decline until last May when it reached 748.7 billion euros ".
For the association, the data "unequivocally demonstrate that with the crises of 2008-2009 and 2012-2013, Italian banks progressively reduced the flow of money to businesses" also due to the "strong restrictions imposed at European level by the new obligations on capitalisations, the increase in impaired loans and the decrease in demand from companies deserving of liquidity ".
"However - highlights the CGIA - in 2020 there were not a few banks that recorded profits, including billionaires, which would impose greater" availability "on the latter towards economic operators in our country".
Although in sharp decline compared to a few years ago, bank non-performing loans still have significant economic dimensions and this has led many banks to be "forced by European provisions to increase provisions and, consequently, to reduce credit disbursements or grant loans under stricter conditions ", arriving at" a situation that penalized especially small businesses ".