Legal provisions of COM(2020)466 - Proposal to grant temporary support under Council Regulation 2020/672 to Italy to mitigate unemployment risks in an emergency situation following the COVID-19 outbreak - Main contents
Please note
This page contains a limited version of this dossier in the EU Monitor.
| dossier | COM(2020)466 - Proposal to grant temporary support under Council Regulation 2020/672 to Italy to mitigate unemployment risks in an ... |
|---|---|
| document | COM(2020)466  |
| date | September 25, 2020 |
Article 1
Article 2
2. The availability period for financial assistance granted by this Decision shall be 18 months starting from the first day after this Decision has taken effect.
3. The Union financial assistance shall be made available by the Commission to Italy in a maximum of ten instalments. An instalment may be disbursed in one or several tranches. The maturities of the tranches under the first instalment may be longer than the maximum average maturity referred to in paragraph 1. In such cases, the maturities of further tranches shall be set so that the maximum average maturity referred to in paragraph 1 is respected once all instalments have been disbursed.
4. The first instalment shall be released subject to the entry into force of the loan agreement provided for in Article 8(2) of Regulation (EU) 2020/672.
5. Italy shall pay the cost of the funding of the Union referred to in Article 4 of Regulation (EU) 2020/672 for each instalment plus any fees, costs and expenses of the Union resulting from any funding related to the loan granted under paragraph 1 of this Article.
6. The Commission shall decide on the size and release of instalments, as well as on the size of the tranches.
Article 3
| (a) | the extension of existing short-time work schemes (Cassa integrazione guadagni) for employees, as provided for in Articles 19-22 of ‘Decree-law n. 18/2020’ as converted by ‘Law n. 27/2020’ and in Articles 68-71 of ‘Decree-law n. 34/2020’ as converted by ‘Law n. 77/2020’; |
| (b) | an allowance for the self-employed, as provided for in Articles 27, 28 and 44 of ‘Decree-law n. 18/2020’ as converted by ‘Law n. 27/2020’ and Article 84 of ‘Decree-law n. 34/2020’ as converted by ‘Law n. 77/2020’; |
| (c) | allowances for fixed-term employees in agriculture, as provided for in Article 30 of ‘Decree-law n. 18/2020’ and Article 84 of ‘Decree-law n 34/2020’ as converted by ‘Law n. 77/2020’; |
| (d) | allowances for workers in the entertainment industry, as provided for in Article 38 of ‘Decree-law n. 18/2020’ and Article 84 of ‘Decree-law n 34/2020’ as converted by ‘Law n. 77/2020’; |
| (e) | allowances for collaborators of sport associations, as provided for in Article 96 of ‘Decree-law n. 18/2020’ and Article 84 of ‘Decree-law n 34/2020’ as converted by ‘Law n. 77/2020’; |
| (f) | an allowance for domestic workers, as provided for in Article 85 of ‘Decree-law n. 34/2020’ as converted by ‘Law n. 77/2020’; |
| (g) | an allowance for on-call workers, as provided for in Articles 44 of ‘Decree-law n. 18/2020’ and Article 84 of ‘Decree-law n. 34/2020’ as converted by ‘Law n. 77/2020’; |
| (h) | non-repayable grants to the self-employed and individual enterprises, as provided for in Article 25 of ‘Decree-law n. 34/2020’ as converted by ‘Law n. 77/2020’, for the part of expenditure related to the support of the self-employed and one-person companies; |
| (i) | parental leave benefits, as provided for in Articles 23 and 25 of ‘Decree-law n. 18/2020’ as converted by ‘Law n. 27/2020’ and Article 72 of ‘Decree-law n. 34/2020’ as converted by Law n. 77/2020’; |
| (j) | baby-sitting vouchers, as provided for in Articles 23 and 25 of ‘Decree-law n. 18/2020’ as converted by ‘Law n. 27/2020’ and Article 73 of ‘Decree-law n. 34/2020’ as converted by ‘Law n. 77/2020’; |
| (k) | disability leave benefits, as provided for in Articles 24 of ‘Decree-law n. 18/2020’ as converted by ‘Law n. 27/2020’ and Article 74 of ‘Decree-law n. 34/2020’ as converted by ‘Law n. 77/2020’; |
| (l) | tax credits in respect of improvements to the safety of the workplace, as provided for in Article 120 of ‘Decree-law n. 34/2020’ as converted by ‘Law n. 77/2020’; |
| (m) | tax credits in respect of sanitisation of workplaces and purchase of safety equipment, as provided for in Article 125 of ‘Decree-law n. 34/2020’ as converted by ‘Law n. 77/2020’. |
Article 4
Article 5
This Decision shall take effect on the date of its notification to the addressee.