By Reuters Staff
2 Min Read
MILAN, Jan 10 (Reuters) - Italy is considering a new stimulus package worth 24 billion euros ($29 billion) to support its healthcare system and its COVID-battered economy, Economy Minister Roberto Gualtieri said in a newspaper interview on Sunday.
“We’re considering a package worth 1.5% of our gross domestic product,” Gualtieri told Il Corriere della Sera daily newspaper, confirming that amounted to about 24 billion euros.
That exceeds previous expectations for a stimulus package worth 20 billion euros. Italy is set to receive more than 200 billion euros from the EU’s 750 billion euro Recovery Fund.
“About 1.5 billion euros will be used to buy, distribute and carry out vaccinations. For the healthcare system we expect the new package will provide an extra three billion euros overall,” Gualtieri said.
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