The "Cambiale Azzurra" is a concrete response to the liquidity crisis facing businesses.
Rome, Monday, October 5, 2026 – Federpesca welcomes the "Cambiale Azzurra" (Blue Promissory Note) initiative announced by the Minister of Agriculture, Food Sovereignty, and Forestry, Francesco Lollobrigida. The measure allocates €10 million to ensure immediate liquidity for fishing and aquaculture businesses.
“We appreciate a measure that moves in the right direction—that of immediately supporting business liquidity during a time of severe difficulty, a situation Federpesca has been highlighting for months,” stated Giovanni Azzone, President of Federpesca. “The zero-interest promissory note instrument, featuring a two-year grace period, will provide some breathing room for businesses that are currently struggling to cover operating costs.”
Federpesca also views two new features compared to the past positively. The first is the absence of a "click day" system, which had previously disadvantaged many operators: applications can be submitted via the Ismea portal from 12:00 PM on October 13 to 12:00 PM on October 30. The second is that the funds are earmarked exclusively for fishing and aquaculture. “Last time, the measure targeted both fishing and agriculture, and our sector ended up disadvantaged,” noted Francesca Biondo, Director of Federpesca. “Having a dedicated instrument means recognizing the specific nature and challenges of fisheries businesses.”
“Should applications exceed available funds, we are confident the Government will consider increasing the allocation,” the Director continued. “It was crucial to launch the measure immediately at this time, and we are pleased with that.”
“We thank the Government and Ismea for their commitment and attention to the sector,” concluded President Azzone. “We have worked closely with Ismea over the past few months, thanks to the memorandum of understanding signed with Federpesca. We will continue this work to provide fishing businesses with concrete tools and future prospects.”
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