The government's new liquidity
decree will contain 90% guarantees for all firms without
turnover limits, "mobilizing some 200 billion in loans," economy
ministry sources said Monday.
Overall, the sources said, the decree will mobilise "over 400
billion euros more with respect to the 350 billion foreseen by
the 'Cure Italy' decree".
This will mean a total of 750 billion euros will be injected
into the economy, they said.
The decree was initially expected to provide 100% guarantees
but only for loans up to 25,000 euros.
The decree also boost the role of foreign investment agency
SACE in promoting the internationalization of Italian firms, the
sources said.
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