The counter of the moratoriums continues to report that more and more companies are starting to repay the installments. The impressive figure, even if consistent with the signs of recovery in production activities in recent weeks, relates to the speed and size with which the phenomenon is manifesting itself.
The update on the progress of measures to support businesses provided on Wednesday by the Liquidity Task Force reveals that payments on 15 billion moratoriums were resumed in just two weeks.
The amount of mortgages subject to suspension went from 280 billion in March 2020 to 173 billion on 26 March and fell to 158 billion in the survey on 9 April. Of these, the moratoriums on businesses in the same period amounted to 123 billion.
Loading…
It is very likely that between now and June 30, when the deadline for the moratoriums guaranteed at 33 per cent by the state is set, an additional substantial portion of payments will be resumed. A trend that is very important at this stage, because the Ministry of Economy is working on the decree with which both the moratoriums and the loans guaranteed by the State must be extended until the end of the year, as already provided for in the Def.
THE TREND OF MORATORY AND GUARANTEED LOANS
In recent months, the amount of suspended mortgages compared to last year has almost halved. Even if the guaranteed moratoriums, those that the government intends to extend and which have a cost in terms of provisions in the budget, have remained substantial, going from 162 billion in March 2020 to 126 billion. The burden on the public purse of an extension of another six months should now amount to around 700 million. But it cannot be ruled out that the extension is decided by estimating a slightly lower cost, precisely because many other payments could resume in the next two months.
Obviously, the number of those who had requested the suspension also decreased, from 2.7 million last year to 1.5 million, also in this case almost half. The moratoriums on mortgages for families also marked a substantial reduction: those of the Gasparrini fund, with a ceiling of up to 400 thousand euros and extended with Covid measures to VAT numbers, which suffered a 30% drop in turnover, fell from 13 billion in March 2020 to 6 billion, while the suspensions under the Abi Famigliere Agreement increased from 25 to 6 billion.