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Giuseppe Conte he sees the unions and does not hide the difficulties. the decree which the government has been preparing for more than a month and has not yet approved for the majority divisions, explains that it will not be “a panacea for everything we are experiencing.” Difficult times will come. Government intervention will be “conspicuous,” he explains. And the government’s intention is to preserve the occupation. But then he adds: “it will not be possible to do it in its entirety.” Part of the work will be burned by the long closure of economic activities. The next few months will be difficult from a social point of view. For this reason, the Prime Minister calls on unions “for a new, just and modern social pact.” A challenge for which unions said they were ready: “It is good to go beyond the emergency,” said CISL leader Annamaria Furlan. “Ready to redesign the country,” agreed number one Uil Carmelo Barbagallo.
IN DEEP
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But not all pieces of the measure are in place. If a majority agreement on Emergency Income has been found (to be renamed “emergency contribution” to emphasize that it will last two months and then disappear), the business chapter is not yet closed. The approval of the text may not come tomorrow. The new president of the industrialists, Carlo Bonomi (this morning, the meeting with the prime minister) has already said clearly and clearly that he does not share the government’s strategy, all the “debts and subsidies”. Maybe tomorrow, there will be a new majority summit to try to close the loop. We will see. Economy Minister Roberto Gualtieri illustrated the provision, or at least its main chapters, to the unions. He explained that there will be an allocation of 3.25 billion for health. It will serve to strengthen intensive care and create a decentralized territorial system. He said that substantial contributions will come for municipalities, regions and metropolitan cities. But above all, he detailed the business package.
There will be 12 billion euros for the payment of commercial debts of the public administration. 30 billion will be allocated for the guarantees that Sace will issue to banks for commercial loans (they will affect the net balance to be financed). And there will be 4 billion for the Central Fund (which will weigh on the deficit), for loans to small and medium-sized companies, including those of 25 thousand euros. He confirmed that for smaller companies, those with a turnover of up to 5 million euros, there will be non-refundable aid linked to the loss of income. And he showed great caution in the most divisive measure, the recapitalizations of companies with incomes between 5 and 50 million, where the government plan requires the state to enter the capital through Invitalia. On this point, Gualtieri said that there is an evaluation in progress. Also in other instruments. But he wanted to emphasize that the state would have had no influence on corporate governance, even though he later spoke of “a minimum level of conditionality.”
For larger companies, however, the intervention will be activated through Cassa Depositi e Prestiti, which will have a fund of 50 billion available. The CDP will intervene with three mechanisms: directly in corporate capital (with capital increases, subordinated loans or convertible bonds); will acquire shares of strategic companies on the stock exchange in the event of hostile attacks; and will intervene in corporate restructuring operations for companies in crisis but with prospects for development. The Minister of Labor, Nunzia Catalfo, confirmed the refinancing of the CIG, the 2-month extension of Naspi and the blocking of layoffs for 5 months. Catalfo also called for a rule to reduce employees’ working hours with equal pay, with state funds to dedicate hours to training.
Last update: 01:20
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