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Governo Italiano

Coronavirus: Simest (Gruppo CDP), measures for affected companies

Date:

02/28/2020


Coronavirus: Simest (Gruppo CDP), measures for affected companies

The Support Committee of SIMEST (Gruppo Cassa depositi e prestiti), comprising representatives of the Ministries of Foreign Affairs, Economy and Finance, Economic Development and representatives of the Regions, has approved today measures to help Italian companies benefiting from subsidized loans for internationalization that have been affected by the Coronavirus emergency.

These measures adopted include a 6-month moratorium on deadlines for submitting documentation and financial reports for internationalization initiatives in China and other countries that have been postponed and the postponement by 6 months of the pre-amortization and amortization periods of the loans that have been granted;

The subsidized loans, subject of the decision, are a tool dedicated to the internationalization of SMEs and are disbursed from Fund 394, managed by Simest on behalf of the Italian Ministry of Foreign Affairs and International Cooperation.


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