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Covid-19 lockdown: Italy injects 400 bn euro into economy to boost business

The civil protection service said the daily number of official Covid-19 deaths rose to 636 on Monday from 525 the day before.

Topics
Coronavirus | italy's economy

AFP/PTI  |  Rome 

Italy has unveiled a record 400 billion euro ( $430 billion) stimulus to help businesses hurt by a month-long national lockdown that is like to run on for many more weeks.

Prime Minister Giuseppe Conte on Monday told the nation to be patient in the face of a pandemic that has now officially claimed 16,523 lives in the Mediterranean country and left millions at least temporarily unemployed "We will soon see a new spring for Italy but for the moment we must stay at home," the Italian leader said in a television address. The programme will add to the 340 billion euros in ...

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First Published: Tue, April 07 2020. 08:50 IST
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