Independent journal on economy and transport policy
14:05 GMT+1
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Advocates are calling for shipping companies to be able to access state-backed loans
Messina: decisions are needed in a short time, to protect businesses, the logistics system, suppliers and the thousands of workers in the sector
March 20, 2020
According to the President of Assarmatori, "this will have to can also be implemented by clashing with capital parameters imposed by the ECB; If this is not the case, he said, we will be recording measures, full of goodwill, but completely inefficient and ineffective at the very moment when company, very high-intensity invested capital and high employment, are emerging, perhaps for the first time so clearly, like the axis supply of raw materials, resources energy, consumer products, the food industry, a word, of everything that makes the country work."
Assarmatori specified that some banks have already declared its willingness to provide new media companies, but - in the association's view - "today a major system operation is essential primarily involves the state through the system of guarantees or through the issuance of government bonds that allow banks to expand trusts for companies in the shipping and shipping, structuring products with limited underwriters, as the higher amounts of companies will then have to re-enter the banks themselves.'
"It's not the time for discussion -- he cut short Stefano Messina - there is a need for decisions in times to protect the integrity of businesses, the system logistics, of all suppliers and especially of the thousands of working in the industry, who at this time have no sufficient income support elements.'
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