(ANSA) - Rome, April 6 - The government is set to boost aid
to businesses by issuing 100% guarantees for loans up to 25,000
euros and giving firms six years to give the money back, as well
as stripping red tape to quicken the release of credit according
to the draft of a 'liquidity decree' being examined by the
cabinet.
The decree will also put off tax deadlines and strengthen the
'golden power' provision to protect strategic firms form foreign
takeover bids.
The cabinet will also tackle school issues, the postponement
of local elections and the probable postponement until May 3 of
the closure of law courts.
Govt set to boost aid to business (2)
100% guarantee for loans up to 25,000 euros, 6 yrs to give back