Green light to the Milleproroghe decree by the Council of Ministers. The Prime Minister, Giuseppe Conte, explained in a press conference that the new decree contains some important changes to the reform of cooperative credit banks. “We have extended the deadline for the full effectiveness of the reform of cooperative banking groups,” Conte said, specifying that the postponement will be six months. Time gained for the 300 mutual banks who have to decide whether to join Iccrea, Cassa Centrale Banca or the Raiffeisen group.
Furthermore, the new provision establishes that, as part of the reform of the CCBs, the "shareholdings" of the cooperative banks in the parent bank "rise to 60% and the representatives rise to half plus two. Consultation of cooperative credit banks is envisaged, there is greater autonomy in terms of commercial strategies and policies”.
This intervention "also contains some changes to the regulations - continued Conte - this is a purely political assessment, not only an extension to allow operators to keep up with all the obligations required also for cooperative banks, but we have also intervened with some disciplinary measures that carry out a reform of the reform”.
According to the Minister of Economy, Giovanni Tria, with the Milleproroghe "the effective maintenance of the cooperative credit character" of the CCBs is strengthened, that is "the mutualistic character of banks closely linked to the territory and with a very specific purpose. This reform meets the observations collected".
INTERCEPTIONS
The Milleproroghe blocks the entry into force of the interception reform. "Let's prevent information from being gagged" because "the Orlando reform was written with the intention of preventing citizens from listening to the words of the politicians under investigation". Minister Alfonso Bonafede said this, underlining that every past reform coincided with a "scandal" and the last one was made "in conjunction with the Consip case. Whenever someone from the Democratic Party was heard, someone from the Democratic Party tended to cross the line.
BONUS CULTURE
"Today in the CDM we approve the decree for the continuation of the 2018app for 18", the culture bonus with 500 euros for eighteen-year-olds launched by the Renzi government. In this case the announcement came from the Minister of Cultural Heritage Alberto Bonisoli. However, he reiterates: "Since 2019 there has been a heavy change".
