Retailers Write Letter to Italy’s Government for Support in COVID-19 Crisis

MILAN — On Monday evening, Prime Minister Giuseppe Conte announced a new “firepower” decree that would provide immediate cash for 400 billion euros to Italian companies of all sizes, of which 200 billion euros will support exports, defining it as “the most important intervention in the history of the country” in terms of economic aid. The state and the government will act as guarantors for the loans.

Meanwhile, more than 50 nonfood retail brands, including OVS and Coin, the Calzedonia SpA Group, Kiko, Douglas, Twinset and Rinascente, among others, as well as associations FederDistribuzione and Confimprese, penned an open letter to the prime minister, the Minister of Economy Roberto Gualtieri and the Minister of Economic Development Stefano Patuanelli with “proposals to tackle the emergency” and to “elaborate ideas to survive” the coronavirus crisis.

“We have been considered less impacted by the crisis compared to other categories when in reality we have been more so,” given stores have been shut down. Matteo Marzotto, president of Dondup, one of the signatories, said the Italian company “is an expression of the pipeline” and deems that “keeping the pipeline closed for a long time is very dangerous.”Asked if the signatories have received any feedback, Marzotto said “we know we can rely on the ‘cassa integrazione’ wage support for nine weeks, but we are living day by day. This is an absolute and serious emergency and liquidity is a key priority now.

The government especially the left wants to see how far they can restrict your freedom. Starting to look like communist china.

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