Italian eurosceptics in difficulty as EU fund deal boosts PM Conte


  • World
  • Thursday, 23 Jul 2020

Italy's Prime Minister Giuseppe Conte looks on after addressing the upper house of parliament following the EU summit on the recovery fund, sealed to revive economies ravaged by the coronavirus disease (COVID-19) outbreak, in Rome, Italy, July 22, 2020. REUTERS/Guglielmo Mangiapane

ROME (Reuters) - Italian eurosceptics seemed to be on shaky ground on Wednesday after the European Union approved a massive stimulus plan to help the bloc's coronavirus-hit economy, with Rome set to receive a large chunk of the money.

Rome expects to get 209 billion euros in grants and loans from the 750 billion euro ($869 billion) Recovery Fund agreed by the bloc on Tuesday after a marathon four-day summit.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

13 dead in central Senegal road accident
Indigenous people protest Brazil not protecting ancestral lands
Canada launches U.S. dollar global bond to bolster foreign reserves
Algeria hosts 23rd "Chinese Bridge" language competition for university students
Trump's three US Supreme Court appointees thrash out immunity claim
Alphabet reports revenues, net income jump in first quarter
Weekly storage of natural gas in U.S. increases: EIA
Intel reports revenue increase in first quarter
Microsoft reports Q3 results with net income, revenue increases
Finland's finance ministry downgrades growth forecast for 2024

Others Also Read