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Coronavirus, the government announces the stop to the payment of mortgage instalments and insurance in the red zones
The government is preparing two measures to address the economic damage caused by the outbreak of coronavirus. The minister of economic Development Stafano Patuanelli announces that the first to arrive in the Council of ministers tonight "contains l - explains - the first emergency measures related to the suspension of the payment of bills for electricity and gas, rifiutti urban, together with Abi, the suspension of the instalments of the mortgage and the strengthening of the guarantee fund". Patuanelli points out that you are also thinking about "a series of measures that will be part of the next packet, and that must take into account two needs: the direct damage of all the companies that are in the red zone and then we have to think of the indirect damage on the chains.

companies in the areas affected by the coronavirus may suspend for 12 months the payment of the instalments, with a maturity of not later than December 31, 2020 and a corresponding lengthening of the duration of the amortization plans of the soft loans granted by the national Agency for investment attraction and business development - Invitalia. The benefits "shall apply also in the case in which has already been adopted by Invitalia, the termination of the contract of concessionary financing because of arrears in the repayment of the installments, provided that the credit is not already a member of role that they are not incardinated in litigation for the recovery of the same. Invitalia, on request of beneficiaries, to be submitted within 60 days from the date of entry into force of the present decree, shall, in respect of the european legislation on State aid, the recognition of the debt, including the fate of principal and interest, to be repaid to the legal interest rate and with six-monthly instalments postponed.

the decision also comes to a close against bad behavior and "business practices that profit situations of social alarm" by raising the prices. "It is considered incorrect - it reads in the draft - the commercial practice, in relation to products relating to health, the supply of goods of first necessity and safety of consumers, profit situations of social alarm increasing the selling price more than three times the list price," or practiced in the last 30 days. In addition, until November 30, 2020, shall be suspended and the terms relating to the obligations and to the payment of the fee of 3% of profits for the year due by the companies in co-operatives and their consortia that do not belong to any of the national Associations of assistance to and protection of the cooperative movement recognized.

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