Italy Mulls as Much as $4.5 Billion to Fight Soaring Power Bills

  • Aid package to be financed without authorizing fresh debt
  • Draghi already spent EU8.5 billion to shield consumers
Lock
This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Italy’s government is readying as much as 4 billion euros ($4.5 billion) to offer immediate help to consumers hit by energy prices, while it works on a wide range of longer term measures, people familiar with the matter said.