assignment of credits for low incomes – Corriere.it

The government says it is ready to solve the problem. The stop to the transferability of credits linked to construction bonuses and, above all, the urgency linked to the release of 19 billion euros in tax drawers that companies cannot get liquidated by the credit system, are the urgencies that are the subject of the meetings at Palazzo Chigi with banks and companies. The openings of the executive indicate mainly two solutions: the use of F24 to broaden the banks’ margins of intervention in the purchase of tax credits, as well as the confirmation of the credit transfer mechanism in the case of construction works linked to post-earthquake interventions and low-income families.

To reassure the trade associations a large delegation led by the undersecretary to the Prime Minister, Alfredo Mantovanoand by the Minister of Economy, Giancarlo Giorgetti. Already in the course of the morning a meeting at the Ministry of the Economy serves to define the perimeter of intervention to identify a solution. Minister Giorgetti is discussing it with Cdp, Abi, Sace and the Revenue Agency.

An initial discussion continued in the afternoon at Palazzo Chigi which fixes the moves for the release of the credits to be shared in the meeting withon Ance, Confedilizia, Confindustria, Confapi, Italian Cooperative Alliance, Cna and Confartigianato. The note from the government delegation at the end of the meetings expresses the firm determination to remedy the negative effects of the credit transfer related to the building bonuses. The Government reaffirms its commitment to find the most appropriate solutions for those companies in the construction sector that have acted in compliance with the regulations.

A signal appreciated by the associations which, moreover, showed up for the appointment, as Federica Brancaccio, president of Ance said, with the expectation of obtaining very rapid answers, because there is no more time. A premise that finds confirmation in Giorgetti’s words. The solution we are looking for is the entire amount of credits, 110 billion euros. The urgency – explains the minister during the confrontation – now on the stock of credits that refer to the construction sector, which today have the existence of 19 billion of “stranded” credits. The effort we are making today and in the next few days with the technical tables is how to deflate this bubble.

The technical tables will be responsible for analyzing the proposals made by the companies, identifying the changes and improvements to the government decree which stopped the old building bonus rules last week. The other substantial concession of the executive regards the resolution to the liquidity crisis of construction companies. The way, as mentioned, is to intervene so that the banks acquire the tax credits of the companies, offsetting them with the taxes of the F24. A way out appreciated by trade associations. We found openness and great awareness that previous credits must be released, therefore an opening to the F24 which was a proposal from us and Abi, explains Brancaccio di Ance. From the president of Confapi, Cristian Camisa, the suggestion that a bridge loan could be activated with the assignment of receivables by Enel and Eni who have the possibility to take these credits. In the meantime, Conte attacks Prime Minister Meloni from the opposition to reiterate that it is false to believe that the superbonus have cost the Italians 2,000 euros each.