Italy: Conte announces €5 billion aid package for businesses impacted by COVID restrictions

Italian Prime Minister Giuseppe Conte announced a financial plan to help businesses and workers struggling with the ongoing COVID-19 pandemic measures, during a conference held in Rome on Tuesday. Conte highlighted his government's launch of an aid package through a decree with the first measures expected to be paid out by mid-November «It's a decree that is worth over €5 billion ($5.9 bn) which will be used to give resources right away to the economic operators and workers that are directly interested by the measures within this decree,» Conte said in his speech. Since the beginning of this week, new restrictions have been in effect across Italy due to the continuing increase in the number of new COVID-19 infections. Restaurants and bars have to close at 6 p.m., theatres and cinemas are completely closed, as well as swimming pools and fitness studios. Sporting events are also cancelled. ©Palazzo Chigi.

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