Lunedì, 24 Settembre 2018
ROME

House unanimously approves payment of overdue bills

English
© ANSA

Rome, June 5 - The House unanimously passed a bill
Wednesday approving billions in payments on outstanding debts to
businesses.
The bill was passed by 508 votes and should allow the
government to pay up to 40 billion euros in overdue bills by the
end of next year.
Repaying the debts has been seen as important tool in
providing the recession-plagued economy with a shot-in-the-arm
of liquidity.
Italy's industrial association Confindustria has issued
several loud calls for payment on the overdue bills to help
relieve the credit crunch that has been strangling Italian
businesses.
Unblocking the public administration's payment of some 40
billion euros overdue to its suppliers was a goal set by the
former technical government led by Mario Monti.

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