Italy plans financial help for families caught in virus crisis

Rome (AFP) – Italy prepared Tuesday to let families skip mortgage and some tax payments to help deal with a coronavirus outbreak that has killed 631 people and forced the government to restrict movement for its 60 million citizens.Ministers said they would also ask the European Union to allow Rome to raise its deficit spending to 10 billion euros ($11.3 billion) to help businesses hurt by a precipitous drop in tourism over the past month.The new family and small business support measures are expected to be formally unveiled in a government decree late Wednesday.The Milan stock exchange fell by…

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