Wednesday, December 9, 2015

Failed banks, Padoan “humanitarian measures for savers” – The Messenger

> ROME The government remains firm on the line of ‘ help  «umanitario” to savers who subscribed subordinated bonds, those at highest risk, the four failed banks and who have lost all their money. Yesterday to reiterate that the road will be this, was directly Economy Minister Pier Carlo Padoan. The number one of the Treasury has not explained how you can tie the reimbursements to the mechanism of resolving the crisis of Pop Etruria, Carife, Banca Marche and CariChieti, © because the EU Commission could reject the intervention jeopardizing the entire operation rescue. The central point remains the same, how to determine who is entitled to the aid.

Who, that is, likely to end up in conditions of  «indigenza” because of the losses sustained by the bonds of the four banks. One of the hypotheses that emerged at this time would be to use the synthetic indicator of the economic situation, the ISEE.
The value of applying this index to determine who is entitled to reimbursement, which would take into account not only the ISEE income, but also the heritage. It could in this way excluding those who already have low incomes, have substantial current account or other investments. The threshold below which it would be entitled to a refund has not yet been decided. Today welfare benefits generally are paid by a group of three people with a Isee of about 21,000 Euros.
                     

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 12/09/2015 03:52:05

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