Mortgage payments, bills, and taxes will be temporarily suspended across Italy as part of the government’s measures to soften the economic impact of the coronavirus outbreak, the country’s deputy finance minister said on March 10.
According to Italian media reports, anyone who is not earning more than 30,000 euros, has been suspended from work, or has suffered a reduction in working hours for at least 30 days, may request the suspension of mortgage installments for a maximum period of 18 months. It is up to the bank to decide whether they qualify or not.
