Italy’s Deputy Economy Minister, Laura Castelli @LaCastelliM5s from the Five Star Movement saying decree tomorrow will suspend mortgages and taxes:
“ Mortgages suspended? Mortgages, taxes, everything is suspended.
But we need to look at the situation of the municipalities”
“ Mortgages suspended? Mortgages, taxes, everything is suspended.
But we need to look at the situation of the municipalities”
precedent for this in Italy in relation to earthquakes/ natural disasters, looks like it comes from agreement between central Government and banking sector. Can’t see that its ever been applied Italy-wide before. Big fiscal cost.
creditofondiario.eu/en/regulations…
cdp.it/sitointernet/p…
creditofondiario.eu/en/regulations…
cdp.it/sitointernet/p…
Ministers in Italy have also said they have asked for changes for six months to how Italian regulator treats problem loans in its banking sector
ALSO Irish government is funding special higher sick pay arrangements during coronavirus from Government funds, including for self employed
Sick Pay in Ireland upped from €203 to €305 per week for two weeks medically certified isolation
€3bn stimulus
Sick Pay in Ireland upped from €203 to €305 per week for two weeks medically certified isolation
€3bn stimulus
On per capita basis equivalent UK stimulus would be £30 billion plus...
UK sick pay is £94 a week, and has to be funded by employer, no special Govt funds have been deployed, and it doesnt apply to self employed, although some UC claims may be possible, Gov says.
UK sick pay is £94 a week, and has to be funded by employer, no special Govt funds have been deployed, and it doesnt apply to self employed, although some UC claims may be possible, Gov says.
Interesting table comparing per capita response...
