- Italy to put aside EUR 7.5 billion to fight coronavirus, - ASNA reports, citing government sources
Market news
5 March 2020
Italy to put aside EUR 7.5 billion to fight coronavirus, - ASNA reports, citing government sources
The sources in the Italian government told ASNA that the government is to ask for the green light for a deviation of EUR 6.3 billion from its budget deficit target (around 0.35% of GDP) from the European Commission (EC) as it tries to cope with the coronavirus.
The government is planning to put aside EUR 7.5 billion worth of new measures, the sources said after a cabinet meeting.
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