Bankitalia, raising unpaid loans with public guarantees

Quotidiano Nazionale

Bankitalia, raising unpaid loans with public guarantees

The slowdown in the economy and high interest rates are having a negative effect, in many ways, on the state budget. One of them is the bailout of unpaid and publicly guaranteed loans: those through Gacs, which was created in 2016 to help the banks bail out the NPL monkeys, and the bailout of the Covid crisis for small and medium-sized enterprises. Both categories where the difficulties are on the rise, although not yet worryingly high. In fact,…