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Italy readies new anti-COVID stimulus package - minister

·1-min read
The outbreak of the coronavirus disease (COVID-19), in Milan
The outbreak of the coronavirus disease (COVID-19), in Milan

ROME (Reuters) - Italy is preparing another stimulus package to accompany stricter measures to contain the spread of the new coronavirus, Deputy Economy Minister Laura Castelli said on Tuesday.

"Again this time the decree will be accompanied by a stimulus package to support companies and the supply chain that will be hit by restrictions placed on their activities," Castelli said in a Facebook post.

"We are already working on it and it will be ready shortly." Italy said on Monday it would tighten COVID-19 restrictions while holding back from re-introducing a nationwide lockdown, in an effort to respond to a surge in infections, hospital admissions and deaths.

(Reporting by Giuseppe Fonte, writing by Agnieszka Flak; editing by Valentina Za)