Italy finally approves economic stimulus package in virus fight

FAN Editor
FILE PHOTO: Italian Prime Minister Giuseppe Conte attends a session of the lower house of parliament on the coronavirus disease (COVID-19) in Rome
FILE PHOTO: Italian Prime Minister Giuseppe Conte attends a session of the lower house of parliament on the coronavirus disease (COVID-19) in Rome, Italy April 21, 2020. REUTERS/Remo Casilli

May 13, 2020

ROME (Reuters) – The government has approved a long-delayed, 55-billion-euro ($59.6 billion) stimulus package aimed at helping Italy’s businesses and families survive the coronavirus lockdown, Prime Minister Giuseppe Conte said on Wednesday.

Conte had promised to introduce the decree last month, but repeated rows within his increasingly shaky coalition over the document, which runs to almost 500 pages, led to repeated delays.

(Reporting by Giuseppe Conte, Editing by Crispian Balmer)

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