Economics
Italy Readies $6.3 Billion Aid Package Amid Russian Gas Standoff
- Measures to be funded from borrowing plan unveiled this month
- Rome is ready to halt gas payments if ruble request confirmed
Photographer: Fabio Cimaglia/IPP/Bloomberg
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Prime Minister Mario Draghi’s government is finalizing a new aid package to shield companies and consumers from energy prices which have been surging on the prospect of reduced gas flows from Russia.