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Bank-company agreement, new moratorium on debts

According to Corriere della Sera, an agreement will be signed tomorrow afternoon at the ABI headquarters which provides for the suspension of the payment of mortgage installments and the restructuring of the debt of companies in difficulty.

Bank-company agreement, new moratorium on debts

A new "common notice" for a moratorium on the debts of SMEs. Banks and businesses – according to the Corriere della sera – they have “almost reached” a deal to give breath to small and medium-sized companies in difficulty with the crisis. An agreement that provides for the suspension of payment of mortgage installments and debt restructuring. The signing is expected for tomorrow afternoon in the ABI headquarters.

The government, underlines the via Solferino newspaper, "looks with interest and favor on the agreement, so much so that the Minister of Economic Development should be present, Corrado Passera, and the Deputy Minister of Economy, Victor Grilli, either as guarantors or to underline the pro-growth nature of the operation”. The previous joint notice "dates back to August 2009, proved to be a good choice and was subsequently extended".

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