Independent journal on economy and transport policy
01:39 GMT+2
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SACE's guarantee on The 1.15 billion euro loan signed by Fincantieri with a pool of banks is operational
Minister Gualtieri signed the implementing decree
August 28, 2020
The guarantee, the Ministry said, is within the scope specific procedure provided for by the Liquidity Act financing for large companies (with more than 5,000 employees in Italy or with a turnover value 1.5 billion euros) and has been granted "Garantee Italia" (the tool put in place SACE to support Italian companies affected by the emergency Covid-19).
"With this operation- commented the Minister Gualtieri - support a company and a strategic sector to our country's economy, with an employment burden and relevant to the entire Italian industry.'
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