Home Economy Government: Todde, mulls anti-resettlement regulations for businesses – Politics

Government: Todde, mulls anti-resettlement regulations for businesses – Politics

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Deputy Minister Todi is considering some useful tools to try to end the deportations affecting the country. Last year, Todd created the Sandbox, which consists of the possibility for companies in crisis to receive public assistance of up to 10 million through Invitalia, provided they do not move for five years. Now the ad hoc base hypothesis is taking shape, and it has been greatly enhanced compared to 2018.

Ad hoc measures should prevent companies – we learn from government sources close to the file – from moving aggressively. A political synthesis will have to be found within the majority, and above all it will be necessary to understand how to configure the new tools to contain the phenomenon of deportation. The point of tightening, with full respect for the freedom of enterprise, is to set rules so that Italy is no longer just a corridor for some foreign entrepreneurs, just enough time to take advantage of some concessions and contributions and then shut down the business by firing workers and harming related industries. The new anti-resettlement law, on which Todde is working for the M5S and Orlando for the Democratic Party — always read in the memo from the deputy secretary’s press office — could be passed in September. And it is not excluded finding a way to apply it to ongoing conflicts (GKN, Whirlpool).

Here are some lines of action that deal in part with the so-called French “Floring’s law”. Among the proposals are to communicate each option in a preventive manner to enterprises, to hold an institutional schedule, to draw up a remanufacturing plan indicating the potential of the production site and any redevelopment, to force companies to use shock absorbers if they do. Not complying with the procedure, they should be obligated to notify establishments in advance (about 6 months) if they want to close. A ‘adviser’ will be appointed who will have to explore whether alternative solutions already exist, and new interested investors. Companies that do not respect the procedure have to access social safety nets. If they took public money in the past five years, they would have to pay it back with interest. And if they violate the new measure, they will also have to pay a hefty fine: 2% of the turnover. In addition, the property must have been looking for a potential buyer for at least three months. In the event of infractions, the state can request that any public incentives granted be returned and impose fines of 2% of revenue.

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