The Liquidity Decree sets out strong measures in support of Italian businesses. Fintech, which is currently largely excluded from the decree, could play a key role, mobilizing 2 billion euros within a short space of time. The shock caused by the pandemic can only be mitigated by taking strong measures to support the liquidity of SMEs and families, providing effective mechanisms for the fast transmission of the guaranties and resources that have been allocated, as well as wider use of transfer methods through digital payments. The Business Liquidity Decree is heading in this direction.
The Italian Fintech sector can therefore contribute to supporting the integrity and capacity of our economic system.
The effectiveness of the mechanisms for the transmission of resources will be a determining factor in the success of the measures being implemented.