Coronavirus, Conte: “7.5 billion allocated to help families and businesses”. Minister Gualtieri: “Nobody will lose their job”

“The goal is that nobody must lose his job because of the coronavirus“. On the first day when Italy stops, the government has launched the first economic measures to deal with the emergency right now. Since, as the premier said Giuseppe Conte, it’s not “only sanitary but also economic“. The cabinet then decided on it deviation from the programmatic objectives of balance to free resources to be allocated to sector support overwhelmed by the emergency. The figure is much higher than the 3.6 billion announced by the Minister of Economy over the weekend. “We have allocated € 7 billion and a half to support of families and businesses they are facing this emergency. It is not only a health emergency but also an economic one, “said the prime minister at a press conference at Palazzo Chigi. “These are extraordinary and urgent measures,” he added explaining that “the initiative involves a parliamentary passage”. The impact in terms of deficit is estimated at around 6.3 billion: the request to the European Union is therefore to bring the deficit / GDP from the expected 2.2% to 2.5%. However, the deviation will have to go through a go-ahead from Parliament, which will only arrive midway through next week.

“Wide economic consequences, we increase the deficit / GDP by 0.3%” – Conte went on to point out that “in a context emergency urgent measures are needed, we are aware of our responsibilities. When we dealt with this point, I took care to distribute to all ministers a folder with the proposals that have come to us in recent days from the opposition forces. All ministers had proposals from Come on Italy, of the League and of Brothers of Italy“. The Minister of the Treasury was accompanying Conte to the press conference Roberto Gualtieri, who explained in detail the numbers: “The extent of the deviation is of 7 billion and a half, 6.35 in terms of debt. From the technical point of view of debt, we are in the range of 0.3% compared to 0.2% “. In the letter to Brussels, published on the website of the Treasury, it is explained that “le economic consequences will be far-reaching and at this stage we cannot accurately predict their duration. ” “Various sectors of our economy, including transport, the hotel sector, entertainment, cultural activities and fairs will suffer” as a result of travel restrictions imposed by other countries towards Italy, worsening ” recessive effects on our manufacturing industry due to the drop in trade with China and with third countries “.

“Moratorium on business debts with banks” – In the next decree, therefore, there will also be “measures to support one corporate credit moratorium by the banking system, resources for the National Health Service, civil protection and law enforcement, measures that will allow us to support incomes is safeguard employment and strengthen social safety nets “because”no one has to lose work for coronavirus“. A government guarantee is envisaged to support credit to SMEs affected by the effects of coronavirus, thus avoiding a chain of defaults that would also affect banks’ balance sheets. “These are significant resources – continued Gualtieri – and allow us to meet immediate needs, but the new decree does not exhaust the necessary interventions: the government is working to accelerate the release of investments and support for growth. We want however define a broader response, which will depend on the development not only of the epidemic itself but also on its own economic impact. And we believe that this answer must be internationally coordinated “.[[box_correlati id = “5726218 ″ type =” article “]The government decides to postpone the referendum on the cut of parliamentarians. Conte: “7.5 billion allocated for families and businesses”. Towards request to the EU to deviate 6.3 billion deficit[/box_correlati]

“Full sensitivity from the EU commission” – In this regard, Conte explained that “the EU commission is informed of this process which we are working on to create this deviation from the program objectives. Let’s not jump into the dark, we can already declare that there is full sensitivity of the EU commission to understand the emergency we are going through. We do not expect any dystonia with respect to attitude. ” On this front Gualtieri announced that “the letter informing the EU of this gap has already started, we are in constant contact and from this point of view there is no problem”. For the Minister of Economy “there is a significant negative impact of the Coronavirus emergency but it is entirely impossible to quantify it, we trust in an effective containment action and also for this reason we are very committed with the utmost rigor to apply the indications of the scientific community. There are hypotheses, evaluations, but we do not intend to give numbers that have no foundation “.

Conte: “Schools closed? Political responsibility “- The premier then returned to comment on the closure of schools and universities, answering a question on the possible postponement of the measure that expires on March 15: “Obviously near the deadline, with some advance to avoid uncertainty, we will come back to do an update. At the moment I don’t know either, we must always reason in the sign of adequacy and proportionality “. On the controversies of the past few hours on the alleged opinion of the scientific and technical committee, Conte explained that “when I say that there we base on technical-scientific evaluations, I do not say that we follow them literally, we have a political responsibility, we must evaluate all the interests at stake, not only the health aspect. At this time even scientists have no scientific evidence regarding a virus that is new, it is clear that they too have difficulty saying certain things with certainty “.

The postponement of the referendum – Another decision taken concerns the postponement of the referendum on the cutting of parliamentarians, originally scheduled for March 29. “We have deliberated to postpone the referendum – confirmed the premier – But there is still no new date, it is a technically referral sine die“. So when will the consultation take place? “I wanted to consult with the committees, but I confess to you that I didn’t even have a small space to talk to them. Today we assessed the feasibility or otherwise of the referendum from a technical point of view. I intend to hear the various committees because it will be a matter of finding another date, “replied the Prime Minister.

Previous article

Coronavirus, the update after the Council of Ministers: live coverage with Conte and Minister Gualtieri

Next article

Coronavirus, Conte to Meloni: “I’m a criminal? Serious words, harmful to the country. It is a slap in the face of all the citizens to whom we have asked for sacrifices “