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Italy Readies New Energy Aid Package Worth About $13.5 Billion

Mario Draghi
Mario DraghiPhotographer: Alessia Pierdomenico/Bloomberg

Mario Draghi is expected to push through a new energy aid package to families and businesses worth about 13.5 billion euros ($13.5 billion) a week before Italy’s general election.

The new measures aimed at protecting companies and citizens from the latest surge in energy costs will include an extension of tax breaks for both companies and citizens and the possibility of paying energy bills in installments, according to people familiar with the matter.