Italy Extends Energy Price-Hike Shield for Businesses, Consumers

A gas compressor station, operated by Snam SpA, in Gallese, Italy.

Photographer: Alessia Pierdomenico/Bloomberg
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Italy’s government said Wednesday that it extended a measure to shield families and businesses from soaring energy bills.

Discounts for consumers in need were extended into the third quarter, according to a government statement. A new decree also includes urgent measures to guarantee liquidity for companies involved in natural gas storage.