May 26, 2024


Passion For Business

Italy Approves Coronavirus Spending Package

ROME—The Italian govt authorised a new €25 billion ($28.94 billion) expending bundle late Wednesday, a day just after European Union leaders agreed on a €1.eight trillion bundle aimed in big section to assistance Italy and other southern European international locations blunt the economic effects of the coronavirus pandemic.

The modest dimension of Italy’s measures—the third bundle of stimulus expending bringing the complete to €105 billion earmarked from this spring—reflects the problems Italy faces in getting the funds needed to struggle what is envisioned…