Italy prepares US$3.5bil package to tackle Covid-19 outbreak


People walking along St. Mark's Square in Venice, Italy. Italy will introduce this week measures worth 3.6 billion euros (US$3.5bil) to help the economy withstand the largest outbreak of coronavirus in Europe, Economy Minister Roberto Gualtieri said on Sunday (March 1). - AP

ROME: Italy will introduce this week measures worth 3.6 billion euros (US$3.5bil) to help the economy withstand the largest outbreak of coronavirus in Europe, Economy Minister Roberto Gualtieri said on Sunday (March 1).

In an interview with La Repubblica newspaper, Gualtieri said this amounted to 0.2% of gross domestic product (GDP) and would come on top of an aid-package worth 900 million euros that was unveiled on Friday for the worst-impacted areas.

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Italy , Measures , Taken , US$3.5bil , Covid-19

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