The Limited Times

Now you can see non-English news...

Italian cities are sounding the alarm about their finances devastated by the epidemic

2020-05-29T23:09:33.440Z


Almost 5% are bankrupt. The government promises new aid.Rome After people and states, cities are in turn hit by the virus crisis. In Italy, they were so called upon to respond to the social emergency that they are the ones who today cry out “for help”. ANCI, the association of Italian municipalities, addressed the Parliament to take stock. And sent a letter to the Prime Minister to get more than the 3 billion allocated to them in the "revival" decree....


Rome

After people and states, cities are in turn hit by the virus crisis. In Italy, they were so called upon to respond to the social emergency that they are the ones who today cry out “for help”. ANCI, the association of Italian municipalities, addressed the Parliament to take stock. And sent a letter to the Prime Minister to get more than the 3 billion allocated to them in the "revival" decree. At the end of a videoconference in the presence of thirteen mayors of Italian metropolises, held in a strong climate of tension and aggressiveness of the elected officials, Giuseppe Conte assured them that he would go to Parliament to ask for an additional budget overrun of 3 billion euros, for their benefit.

Read also: In Italy, the mafia weaves its web in an economy weakened by the coronavirus

The Italian case illustrates in detail the phenomenon of the spread of the financial crisis, from the government to the municipalities. Rome's tax suspension to help businesses and households at their peak

This article is for subscribers only. You have 74% left to discover.

Subscribe: € 1 the first month

cancellable at any time

Enter your email

Already subscribed? Log in

Source: lefigaro

All news articles on 2020-05-29

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.