Italy to set aside around 7 billion euros over three years to help construction firms – draft

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Published: May 2, 2022, 17:52 GMT+00:00

ROME (Reuters) - Italy's government plans to set aside around 7 billion euros ($7.35 billion) over three years to help construction firms cope with raw material costs and high energy prices, a draft decree seen by Reuters on Monday showed.

A worker stands on a scaffolding of a building in Rome

ROME (Reuters) – Italy’s government plans to set aside around 7 billion euros ($7.35 billion) over three years to help construction firms cope with raw material costs and high energy prices, a draft decree seen by Reuters on Monday showed.

Rome aims to earmark 3 billion euros this year, 2.55 billion in 2023 and 1.5 billion in 2024, under the scheme.

($1 = 0.9522 euros)

(Reporting by Giuseppe Fonte, editing by Gavin Jones)

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