Long Weave With Chinese Bang

THE NEW AGREEMENT SIGNED FOR CREDIT TO SMALL AND MEDIUM-SIZED ENTERPRISES AND

The four pillars of the Agreement are:

a) extending by six months of the Notice municipality, or to request up to 31 July 2011, the moratorium on funding that have not benefited from the suspension;

b) possible extension for the loans that have already had the suspension, if necessary to ensure liquidity support to enterprises;

c) for those who request it, the possibility of using instruments to manage interest rate risk for the loans concerned elongation;

d) special funding for firms that start processes to consolidate the assets.

The news report states ABI In about a year and a half have been suspended debts of approximately 190 000 SMEs, for a total funding of 56 billion € and starting from this success, the ABI, with the government and other business associations, considered it appropriate to follow up its commitment to support the Italian companies with a new agreement that will replicate the model and wants to be its natural development.