In order to remedy this problem, we have adopted an “easy browsing” mechanism that makes it possible to quickly access contents of interest. Deadline: 22 September 2020. The Fund was created as a reaction to the severe floods in Central Europe in the summer of 2002. The Italian government announced that it would inject 25Mds€ into the economy to fight the coronavirus epidemic, to help sectors such as tourism and the logistics and transportation industry, which have been severely affected by the virus. 100 military doctors and nurses will be temporarily recruited and 300 doctors and nurses have also been confirmed, up until 31 December, to strengthen the INAIL (Italian National Institute for Insurance against Accidents at Work). Just remember, you walk 10 miles by walking 10 feet at a time. These companies may be able to benefit from a total or partial exemption from having to make their tax payments and social security contributions for 2021, based on the criteria defined in the dedicated Prime Ministerial Decree. Follow DW for the latest. The main measures implemented by the Italian government through its ‘Ristori’ decrees include non-refundable grants, suspension of tax payments and social security contributions, new weeks of the ‘cassa integrazione’ wage supplement scheme and a two-month extension for ‘Emergency Income’ support. To access the easy browsing menu press CTRL + ALT + 0, The information displayed in the "News from Departments" box comes from the RSS feeds from departmental sites. For 2020, ordinary-statute regions will receive € 250 million towards repaying the principal of their financial debts maturing during the year. All companies that recorded a turnover of no more than € 50 million in 2019 and that recorded at least a 33% drop in revenues in November 2020 compared with the same month in 2019, shall be entitled to suspend their social security contributions, payments of withholding tax and VAT payments due in December. The ‘Ristori Bis’ Decree extended this tax credit to companies eligible for the new non-refundable grants, including travel agencies and tour operators based in Italy's red zones. The ‘Ristori Bis’ Decree also extended the € 800 indemnity to all sports workers whose collaboration agreements had expired as at 31 October 2020 and have not been renewed. Employers that have recorded at least a 20% drop in turnover do not have to pay this additional contribution, and nor do employers that started their business after 1 January 2019 or employers in industries where measures have forced them to close or limit their activities. Users with certain disabilities, who must use a keyboard or screen reader, must first analyse a series of elements (browsing, lists, tools, etc.) The number of Covid-19 cases in South Africa has risen to 13. In Italy's red zones, vouchers worth € 1,000 are available to purchase babysitting services while teaching in schools is suspended. Based on the new draft document, the government plans to increase its healthcare investments to 18 billion euros and allocate 4 billion euros to broadband and other high-tech communication infrastructures, including 5G networks. Helping Victims of Earthquake in Central Italy In response to the tragedy inflicted on communities in Central Italy by the earthquake on Aug. 24, 2016, SVCF recommends that those wishing to help with charitable donations use our vetted list of nongovernmental organizations (NGOs). How to create an emergency fund 1. At the end of 2 years, you could have $2,600 saved. For further information consult the relevant Department, Benvenuto sul sito del Ministero dell’Economia e delle Finanze, conosciuto anche come Portale mef, ‘RISTORI’ DECREES – Over € 18 billion in support of Businesses, Work, Health, This is footer section: it contains all the useful site entries, Subscribe MEF newsletter #inbreve (Italian Version) - Open in a new tab, Hide menu of section Documents and reports, Department of General Administration, Personnel, and Services, Relevant Factors Influencing Public Debt Developments in Italy (May 2020), Italy's ‘Ristori’ decrees: measures to help those in difficulty, Via Venti Settembre, 97 - 00187 Roma - Italia, +39 This stimulus adds to previously announced support to regions, for a total of 900m€. It is funded by corporate and value-added tax revenues collected by the central government and distributed to the regional governments, which are responsible for delivering care. A total of more than euro 5.5 billion has been set aside to provide non-refundable grants to the self-employed (who had their own VAT number as at 25 October 2020), in order to support businesses that have been affected by the new restrictive measures introduced to contain the spread of the virus; the foundations have also been laid for further automatic support measures in the future. The recipients are workers in the world of sport who have collaboration agreements with the CONI (Italian National Olympic Committee), the Italian Paralympic Committee, Italian sports federations, sports associations, sports promotion bodies and amateur sports clubs and associations, recognised by the CONI and the Italian Paralympic Committee. These unexpected events can be stressful and costly. The main contents are hardly ever the first thing we see about a webpage. Car troubles. The Treasury estimates in the draft that the investment programmes can boost GDP growth by 3 percentage points by 2026. At the same time, action has been taken to ensure that timely financial support reaches the sectors worst hit by the most recent restrictions, adopting a wide range of measures amounting to over € 18 billion; this package of measures is designed to be easy to use, involving simple, immediate and, to the extent possible, automatic payments. Italy's response to the epidemiological emergency is being further strengthened, with € 100 million being set aside for the purchase and distribution of medicine to treat patients diagnosed with Covid-19. In particular, once a request for a debt rescheduling plan has been submitted, the relative limitation and prescription periods shall be suspended and it will no longer be possible to register new administrative suspensions or liens or to begin new enforcement proceedings. This new deadline is in line with the due date for payment of the first of these instalments due for 2021. Social security contributions for November shall be suspended for the economic activities referred to by the Italian Prime Ministerial Decree passed on 25 October. 149 of 9 November 2020, whose residence for tax purposes or operational headquarters is in one of Italy's red zones, or catering service providers in one of Italy's orange zones, classed as such as at 26 November 2020. Employers that have not fully benefited from the special funds to supplement earnings relating to the Covid-19 emergency, or from the social security contribution exemption, are precluded from starting individual dismissal procedures and those initiated after 23 February 2020 will remain suspended. The toughest part may be getting started and staying motivated. By Andrea Donatini, Emilia-Romagna Regional Health Authority Italy’s National Health Service automatically covers all citizens and legal foreign residents. Some examples include: include incurring Italia Viva has criticized Conte’s first proposals on how to spend the funds and has repeatedly threatened to withdraw its support if the government did not agree to put more money into critical sectors such as healthcare and infrastructure. Traditional Bank Account. Some common examples include car repairs, home repairs, medical bills, or a loss of income. While saving an emergency fund is one of many competing financial priorities, having a cushion to catch you when you fall can prevent a minor calamity from spiraling into lasting debt. $1 = 0.8150 euros Reporting by Giuseppe Fonte; Editing by Angelo Amante and Alexandra Hudson. ROME, Jan 7 (Reuters) - Italy plans to spend more than 222 billion euros ($272 billion) from various European Union funds to revive its coronavirus-battered economy, a draft government document seen by Reuters showed on Thursday. For other categories of businesses operating in these areas (bars, pastry shops, ice-cream parlours, hotels), the grant provided for by the first ‘Ristori’ Decree has been increased by a further 50%. Emergency funds are best kept in an interest-earning bank account, such as a money market or interest-earning account, without taxes or penalties. Rome is entitled to more than 200 billion euros from a European emergency programme designed to help those EU nations hardest hit by the coronavirus. Disclosure and transparency requirements have been strengthened in relation to the monitoring and processing of epidemiological data, necessary to classify the areas of the country subject to the various containment measures, as already identified by the Italian Prime Ministerial Decree passed on 3 November 2020, from those provided for by primary legislation. An emergency fund is a financial safety net for future mishaps and/or unexpected expenses. Use the links on the right (or below on mobile) to make a monthly recurring donation to Coronavirus Emergency in Italy by credit card, PayPal, or Apple Pay. The first ‘Ristori’ Decree set aside approximately € 550 million to pay a new, one-off € 1,000 indemnity to the categories of workers that received the same indemnity under the August Decree, including seasonal workers in the tourism, spa and entertainment industries who have suffered as a result of the COVID-19 epidemiological emergency, and other categories of workers, such as those enrolled with pension funds for entertainment workers who meet certain requirements, seasonal workers belonging to sectors other than the tourism and spa industries who have been forced to stop working, intermittent workers and door-to-door sales people. Data relating to diagnosed positive cases are made available to this national service, also through Italy’s Health Card System and interoperability systems. There are several ways to transfer funds to a U.S. Citizen abroad in an emergency situation. If smart working is not an option, parents of children aged between 14 and 16 have the right to abstain from work with no pay or indemnity and no social security contributions; in these cases, they cannot be fired and they have the right to keep their job. She's contributed to and been quoted in various media outlets over the past two decades, including Forbes, Marketwatch, and NPR. An emergency fund is a stash of money set aside to cover the financial surprises life throws your way. An emergency fund, also known as contingency fund, is a personal budget set aside as a financial safety net for future mishaps or unexpected expenses. The extension will run from 16 November to 31 January 2021, for employers that benefited from these schemes for the full nine weeks under the ‘August Decree’, after the authorised period has elapsed. It’s Time to Build a Better Emergency Fund. The procedure to make payments from the ‘Single Fund to support associations and amateur sports clubs’ has also been sped up; the first ‘Ristori’ Decree set up this fund with a total of € 50 million, which the ‘Ristori Quater’ Decree then increased by € 92 million. The duration of this post is 11 months. The 222 billion euro scheme includes resources from the emergency fund and other European programmes, including an agricultural fund, the document showed. Job loss. The European leaders discussed the so-called European Stability Mechanism (EMS), the emergency fund containing 400 billion euros, for some six hours over conference call on Thursday. The ‘Cure Italy’ decree had set the deadline for 10 December; this is now being carried over until next year, offering a further three-month extension. Creation of a national contact centre for health surveillance and contact tracing within the Italian Ministry of Health. Support is also being provided to tackle the difficulties being faced by the market for ready-to-eat fruit and vegetables. in order to find the contents that interest them. The deadline for filing income tax and IRAP declarations online has also been postponed from 30 November 2020 to 10 December 2020. Generali to Create Fund of up to 100 million Euro for the Covid - 19 Emergency 13 March 2020 - 07:45 The Board of Directors approved the Creation of an Extraordinary International Fund Up to 30 million Euro will immediately be utilized for the Health Emergency in Italy Prime Minister Giuseppe Conte is facing internal opposition from former premier Matteo Renzi, whose centrist Italia Viva party polls at no more than around 3% but is crucial for the government’s survival. For the months of November and December 2020, Sport e Salute S.p.a. shall pay an € 800 indemnity for sports workers who benefited from the € 600 indemnity under the ‘Cure Italy Decree’ and 'Relaunch Decree’. Over € 2 billion has been set aside in order to extend the ‘cassa integrazione ordinaria’ (standard fund to supplement earnings), the ‘assegno ordinario’ (wage subsidy allowance) and the ‘cassa integrazione in deroga’ (exceptional fund to supplement earnings) schemes, for up to six more weeks; these schemes were introduced by the ‘Cure Italy’ decree. Anyone who has opened a VAT number since 1 January 2019 shall be eligible for the new grant, also without meeting requirements in terms of turnover. Alongside these measures, a new tranche of non-refundable grants has been paid, guaranteeing 200% of the grant amount already received under the 'Relaunch Decree’ to all commercial establishments and businesses forced to close in Italy's red and orange zones. Collective dismissal procedures shall nonetheless remain suspended. This tax credit, equal to up to 60% of rent due on non-residential properties, is available for companies that recorded at least a 50% drop in turnover during the months in question compared with the same months in 2019, and may be transferred to the owner of the rented property. European Union leaders reached agreement on a €750 billion stimulus plan for their coronavirus-hit economies on 21 July at the end of fractious negotiations that lasted nearly five days. These suspensions do not apply in the event of dismissals caused by companies definitively ceasing to operate. This postponement shall also apply (without the requirements in terms of revenues or income and the reduction in turnover or fees) to those subject to ‘ISA’ requirements, and to those running a business or carrying out artistic or professional activities in the economic sectors listed in Annex 1 and Annex 2 of Italian Decree Law no. Wage supplement periods previously requested and authorised under the August Decree, and even only partially attributed to periods after 15 November 2020, shall be calculated, where authorised, under the six weeks provided for by this Decree. If the idea of keeping your money in an online account or tied up for an … Businesses affected by the restrictions introduced by the Italian Prime Ministerial Decree of 25 October to combat the Covid emergency and those eligible for the new non-refundable grants shall be exempt from paying the second IMU property tax instalment on the properties and premises where they carry out their work, provided that the owner is also the one that runs the business activities carried out in the properties in question.

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