Canals in Venice were almost empty, Monday, April 6, as Italy's fight against the COVID-19 pandemic continued. Since the country went into lockdown on March 9, hotels, restaurants, cafes and most businesses have been shut.

READ MORE: Italian Prime Minister Giuseppe Conte has announced a $434 billion package of additional economic aid for Italian companies of all sizes struggling in the wake of the coronavirus crisis that has hit Italy especially hard.

At a news conference with his Cabinet in Rome Tuesday, Conte said the funds will be split between aiding the domestic economy and boosting the export market. He said the package will be administered as loans through banks.

Italian businesses are facing a major crisis due to the shutdown of all nonessential factories and enterprises to limit the spread of the virus.

Education Minister Lucia Azzolina, meanwhile, told reporters the government was allocating $76 million to buy tablets and computers for low-income students who cannot afford them. He said the right to education must be constitutionally guaranteed.

LINK: https://www.voanews.com/economy-business/italy-announces-additional-econ...

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Associated Press 11 May 2020 11:44 CEST

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