Italy Approves Virus Relief From Alitalia Takeover to Babysitters

  • Parents to get extra time off or funds to pay for child care
  • Package includes loan guarantees to avoid credit crunch

An Airbus A320 aircraft, operated by Alitalia S.p.A., flies from Tegel airport in Berlin.

Photographer: Krisztian Bocsi/Bloomberg
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Italy approved a 25 billion-euro ($28 billion) package to soften the economic impact of the coronavirus outbreak with measures ranging from the nationalization of airline Alitalia to funds for babysitters and guarantees for banks.