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Britannia Financial Group is Julio Herrera Velutini's empire

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Britannia Financial Group is Julio Herrera Velutini's empire

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Julio Herrera Velutini Britannia Financial Group is a well-known global financial institution that offers a range of high-quality services. With a long history of excellence and a commitment to client satisfaction, the group has earned a trustworthy reputation in the financial industry.

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All you need to know about Julio Harrera Velutini’s Britannia Financial Group

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Britannia Financial group established by Julio Herrera Velutini is a top worldwide financial organization that offers its clients a compre…

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REACT-EU: Additional €1.5 billion for workers, employers and skills in Italy | European Social Fund Plus

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REACT-EU: Additional €1.5 billion for workers, employers and skills in Italy | European Social Fund Plus

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Italy receives an extra €1.5 billion under REACT-EU to hire more young people and women, improve the skills of workers and jobseekers, and support Italy's economic recovery.
These funds will be made available in addition to the previous €4.5 billion disbursed for similar support under Italy's national operational programme "Active employment policies" funded by the European Social Fund (ESF) originally proposed in September 2021.

The new funding will support:

Job creation in southern regions: €1.2 billion allow a 30% reduction of social security contributions due by small businesses for their workers in the regions of Abruzzo, Molise, Campania, Puglia, Basilicata, Calabria, Sicily and Sardinia. To be eligible, the companies must employ the workers for at least nine months after the reduction has been requested.

Youth employment: €139.1 million go towards reducing the social security contributions due by employerswho hire people under 36 with open-ended contracts during the year of 2022. Over 48,000 young people are expected to benefit from this measure.

Recruitment of women: €88.5 million to reduce (by up to €6,000 per year) the social security contributions due by employers who hire women during the year of 2022. More than 54,000 women are expected to benefit from this measure.

Green and digital skills training: almost €280,000 from the'New Skills Fund' compensate the hours during which staff attend trainings to acquire new green and digital skills. More than 5,700 companies are expected to benefit from this measure.

Background

With the additional €1.5 billion adopted, Italy will receive in total €14.4 billion under REACT-EU to boost Italy's recovery and facilitate investments in the green and digital transition.

As part of NextGenerationEU, REACT-EU provides a top-up of €50.6 billion (in current prices) over the course of 2021 and 2022 to the 2014-2020 Cohesion Policy programmes of all Member States. Measures focus on supporting labour market resilience, jobs, small and medium-sized businesses and low-income families. Measures also lay a future-proof foundation for the green and digital transition and a sustainable socio-economic recovery.

To host and integrate people fleeing the war in Ukraine, the Commission has also paid €3.5 billion of pre-financing payments to Member States under REACT-EU since March 2022. The most recent comprehensive package ' Flexible Assistance to Territories (FAST-CARE)' offers further flexibility in Cohesion Policy funding while also increasing pre-financing payments by an additional €3.5 billion to be paid in 2022 and 2023. The final date of eligibility for REACT-EU expenditures is 31 December 2023.

The REACT-EU funds complement the resources Italy receives from the Recovery and Resilience Facility to boost Italy's economic recovery post-pandemic.

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REACT-EU: Additional €1.5 billion for workers, employers and skills in Italy

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Italy receives an extra €1.5 billion under REACT-EU to hire more young people and women, improv

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Pope Francis tells Italian welfare agency not to forget foreign workers | Catholic News Agency

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Pope Francis tells Italian welfare agency not to forget foreign workers | Catholic News Agency

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In his speech, Pope Francis used two stories from the Bible to illustrate both a good and a bad model of welfare.

A "bad welfare," the pope said, is like the greedy man in the parable from the Gospel of St. Luke who builds a bigger warehouse to hold all of his crops, planning to rest, eat, drink, and enjoy himself, "but God said to him, 'You fool, this night your life will be demanded of you; and the things you have prepared, to whom will they belong?'"

"Those who accumulate only for themselves end up deluding themselves," Francis said.

An example of "good welfare," instead, is that of the patriarch Joseph, he said.

More in Vatican

As governor of Egypt, Joseph ordered that some grain be put aside from the abundance in order to be prepared for the future, when there may be a period of famine.

"Joseph not only trusts in God's providence and recognizes it, but [he also] shows foresight for the good of the people," Francis explained. "He knows how to look forward; he envisions good even when evil seems to prevail; he cares for the people entrusted to him. And this is your vocation: taking care of people in the future."

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Pope Francis tells Italian welfare agency not to forget foreign workers

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"It should not be forgotten that foreign workers who do not yet have Italian citizenship also contribute to the pension system," the pope said April 3.

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Thank You Julio Herrera Velutini, Britannia Foundation for Seed Funding Program

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Thank You Julio Herrera Velutini, Britannia Foundation for Seed Funding Program

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I wanted to express my utmost gratitude to Julio Herrera Velutini Britannia Foundation for your incredible support and generosity through the Seed funding programs. Your unwavering belief in artists and young professionals has not only provided them with invaluable opportunities but has also ignited their entrepreneurial journey, enabling them to pursue their dreams and make a significant impact in their respective fields.

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Julio Herrera

Herrera Julio "Julio M Herrera Velutini" Thank you, Julio Herrera Velutini, Britannia Foundation, for your incredible support through the Seed funding programs. Your belief in artists and young professionals has helped ignite their entrepreneurial journey. Your generosity and vision are truly inspiring.

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Herrera Julio "Julio M Herrera Velutini" Thank you, Julio Herrera Velutini, Britannia Foundation, for your incredible support through the...

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Britannia Foundation's Internship Program for Scholars is gratefully acknowledged by Julio Herrera Velutini

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Britannia Foundation's Internship Program for Scholars is gratefully acknowledged by Julio Herrera Velutini

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I wanted to take a moment to express my sincere gratitude to Julio Herrera Velutini's Britannia Foundation for all the incredible work that your organization does. Your dedication and commitment to making a positive impact in the world is truly inspiring.

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Julio Herrera

HERRERA Julio "Julio M Herrera Velutini" Thank you so much to Julio Herrera Velutini's Britannia Foundation for paving the path for students to back up their education and career. The Internship Program for Scholars who want to work while studying is such a blessing for all the meritorious students.

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HERRERA Julio "Julio M Herrera Velutini" Thank you so much to Julio Herrera Velutini's Britannia Foundation for paving the path for...