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Coronavirus: paralyzed Italy doubles the amount of its crisis plan

2020-03-06T18:19:27.652Z


After tourism and damaged transport, the industry is afraid of supply disruptions. The state has released 7.5 billion euros in emergency aid.


It is to counter an exceptional crisis that the Italian government of Giuseppe Conte plans today to mobilize up to 7.5 billion euros, twice as much as what was initially envisaged. A plan which, like that of 2 March, focused on the "red zones", these eleven municipalities placed in isolation in Lombardy and Veneto, plans to help businesses and households. But this time all over Italy, emergency health measures aimed at limiting contagion having been imposed throughout the territory.

Hiring of thousands of people in the health services has been announced. A plan equivalent to 0.36% of GDP, which will bring the country's 2020 deficit to 2.5% of GDP, for which Rome has requested flexibility from Brussels. Which, promised Commissioner Paolo Gentiloni, will be welcomed.

Palaces closed

Because if Istat - the Italian INSEE - has just published a statement of the economic situation in mid-February which looks like a photo taken before

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Source: lefigaro

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