Economics
Italy Approves New Virus Relief Amid Growing Protests
- Cabinet adopts extra measures worth about 5 billion euros
- Cash will partly compensate businesses hit by lockdown curbs
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Italian Prime Minister Giuseppe Conte’s government has approved a new relief package to help sectors hit hardest by the latest coronavirus restrictions amid growing protests in cities including Milan and Turin.
Conte’s cabinet signed off Tuesday on measures worth about 5 billion euros ($6 billion) to partially compensate businesses that suffer from the partial lockdown approved over the weekend. The new measures include tax relief and targeted aid for the hardest-hit sectors.