Italy’s Meloni Mulls New Aid Package Worth Up to €10 Billion
- Measure would stick to Draghi’s deficit plans for 2022
- Balancing pledges may require more borrowing next year
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Italy’s Prime Minister Giorgia Meloni is working on a new aid package worth as much as €9.6 billion ($9.6 billion) to help families and businesses through the end of the year without widening the country’s deficit, according to people familiar with the matter.
The support being devised by the new premier, whose right-wing government was sworn in this week, will show initial continuity with the fiscal prudence of predecessor Mario Draghi before she then probably needs to resort to more borrowing in 2023, according to people familiar with the matter.