ROME (Reuters) – Italy’s government is finalising new measures worth at least 5 billion euros ($5.68 billion) to help consumers and firms hit by the rise in energy bills, two sources told Reuters.
The package, expected to be approved by the cabinet on Friday, comes on top of some 10 billion euros already budgeted since July last year to offer relief to households and businesses.
Rome also plans to introduce simplification measures to speed up the construction of solar power plants, one of the sources said.
Employers association Confindustria has calculated that energy bills will cost industry some 37 billion euros this year compared with 20 billion euros last year.
Industry Minister Giancarlo Giorgetti has called for the package to also include around 1 billion euros of public funds to promote the purchase of less polluting vehicles.
($1 = 0.8803 euros)
(Reporting by Giuseppe Fonte, editing by Gavin Jones)
Photo – The Italian and EU flags wave outside Chigi Palace in Rome, Italy. EPA-EFE/FABIO FRUSTACI
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