Global Analysis from the European Perspective. Preparing for the world of tomorrow

The 25-billion-euro plan to rescue Italy’s economy from coronavirus crisis

The Italian government has unveiled a 25-billion-euro rescue plan designed to shield families and businesses from the fallout of the coronavirus pandemic. The Italian rescue provides “a very strong injection of liquidity into the credit system that can mobilise around 340 billion [euros] in loans to the real economy, with suspension of loan and mortgage repayments,” Source The Local

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