Prime Minister Giuseppe Conte said Wednesday that Rome was allocating 25 billion euros to fight the novel coronavirus outbreak that has killed 631 people in Italy.
“We have allocated an emergency sum of 25 billion euros,” Conte told reporters during a break in a meeting on the government’s response to the rapidly escalating health crisis.Economy Minister Roberto Gualtieri said Italy will immediately use “half of these resources” and keep the other half in reserve.Italy unveiled a 7.
5-billion-euro emergency response package last Thursday that officials later said would likely have to be increased to match the rapid rise in new infections and deaths.Italy, whose faltering economy is the third-largest in the eurozone, needs special EU permission to spend more than allowed under the bloc’s strict budget rules for its 27 member states.DOWNLOAD THE PUNCH NEWS APP NOW ON
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