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Italy’s Salvini Wants $30 Billion to Aid Companies Hit by Energy Prices

  • Leader of coalition party speaks to Bloomberg in interview
  • Right wing alliance expected to win elections Sunday
Matteo Salvini greets supporters during a campaign rally in Pontida, Italy, on Sept. 18.
Matteo Salvini greets supporters during a campaign rally in Pontida, Italy, on Sept. 18.Photographer: Francesca Volpi/Bloomberg

Matteo Salvini, a leader of the right-wing coalition expected to win Italy’s elections, wants a 30 billion-euro ($30 billion) state subsidy to cap the cost of energy for businesses in the run-up to winter.

“My problem is how to ensure Italian industries survive the next months with surging energy bills,” Salvini said in an interview at the Milan exhibition center Monday, citing companies which have started to furlough workers because of the price spikes. “If the avalanche starts, when we get into government we would only be able to handle the consequences.”