The Minister of Economy, Roberto Gualtieri, returns to the Italian proposal to Europe to face the coronavirus emergency. "We have on our side - he says - the strength of reason: we believe that issuing common securities to finance common expenses that serve to put the whole European economy in a position to face this unprecedented crisis is the wisest thing. The Italian proposal is gathering growing consensus, it is among the 4 proposals "submitted" to the leaders of the European Council and we will work intensely for this fund for the rebirth of Europe to see the light and the EU to give a strong response up to the Coronavirus challenge. We are working very intensely and the banks next week will have "Sace's rules of engagement for the guarantee on larger companies that can be activated" by the end of the month ". For loans of up to € 25 thousand, the Fund is "already providing thousands of loans". "It's an unprecedented speed," he adds.
"We have always said - he continues - that the Mes does not have the adequate size to field the necessary resources, we are talking about a trillion, a trillion and a half. So we are focusing on Eurobonds and on the fund for rebirth. We said that we do not need the MES but we are committed to offering all the countries that request it, there are many interested countries, resources without conditionality ".
"The April decree - says Gualtieri - will be much more substantial than that of March and we will give adequate answers because nobody must lose their job for Coronavirus, all companies must have the necessary liquidity and all people must have sufficient income ". "I know that at the INPS, the 600 euros are finally being disbursed, which should all be disbursed within the next week. The next tranche, the one for April, will be disbursed faster and will be more substantial".