Italy adopts 2.0 billion euro anti-crisis plan
(ROME) - The Italian government on Friday approved a 2.0-billion-euro (2.8-billion-dollar) plan to combat recession.
The main measures in the package would lighten taxes on corporate profits that are re-invested and reduce gas bills for businesses and consumers.
Of the total, 190 million euros would be used to finance unemployment compensation, training for workers whose jobs are threatened and the temporary tax exemption for victims of a recent earthquake in L'Aquila in central Italy.
In addition holders of shares in the former flag-carrier Alitalia, which was wound up in January this year, would be reimbursed up to 70 percent of the nominal value of the shares.
The government last November agreed to support Italian banks hit by the financial crisis and to provide bonuses worth 2.4 billion euros to low-income families.
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