Italian Government Has Announced A New Economic Support Package

The Italian government has announced a new economic support package. The package in question is worth 32 billion Euros.

Prime Minister Mario Draghi, head of the coalition government that was established last month in Italy, presented information on the details of the economic aid package that the public has been waiting for for some time in his first press conference. Draghi stated that in the new economic support package, they consider the businesses worst affected by the epidemic, said, "This is the partial answer and this is the best we can do with this allocation. The building blocks of this complex decree are to support businesses and the workforce, as well as fight poverty. share is reserved. " Defining the package in question as the "first step" and noting that additional measures will be taken in the coming months, Draghi said, "Our aim is to distribute the money as quickly as possible. Payments will start on April 8 for the applicants. If everything goes as expected, 11 billion Euros will enter to the economy in April. " Underlining that they should accompany companies and workers on the way out of the epidemic, Draghi said, "This year, money is not demanded, money is given. It will be time to look at debt, but now is not the time, now is the time to consider stability." In addition, Draghi stated that the European Union's (EU) austerity measures and debt policies were not reasonable during the epidemic crisis.