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Government, in Friday's CDM also the possibility for insurance companies to take out credit

From the Mise a package of measures for growth in CDM this Friday or next - In addition to cutting bills and incentives for investments and IPOs, the aim is to boost bond issues, to reform listed real estate brokerage companies and, above all , to grant insurance companies the possibility of making credit.

Government, in Friday's CDM also the possibility for insurance companies to take out credit

Not only anti-corruption, PA and electricity bill. An entire package of measures developed by the Ministry of Economic Development could also arrive on the table of the Council of Ministers on Friday a structural value of 200-250 billion a year.

However, the meeting of the CDM scheduled the day after tomorrow is already full of measures to be discussed, so it is not excluded that the new measures for growth will be postponed to the next Council, Friday 20 June. The news was released yesterday evening by the Reuters agency. 

In addition to launching the already known bill cutter and to encourage investments and the listing of companies on the Stock Exchange, the Mise would also aim to give an additional stimulus to bond issues, reform the Siiq (listed real estate brokerage companies) and, above all, a allow insurance companies to take credit

“The whole package has an annual structural value of 200-250 million euros, with an expected peak of around 500 million in 2016 – says the source quoted by Reuters -. We are working to go to the CDM this Friday, otherwise it will be postponed to next week. The measure that extends the possibility of granting loans to insurance companies is very important”.

On the bond front, we are moving towards the elimination of the withholding tax also on "private placement" type issues, extending the facilitated legislation that was recently introduced for the so-called minibonds.

As for Siiqs, the changes should loosen a series of existing constraints on shareholding, free float and types of investment, with the aim of making these companies more attractive both in terms of corporate structure and for investors.

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