Italy Clears 25 Billion-Euro Spending Plan to Fight Coronavirus

(Bloomberg) -- Italy’s government approved a 25 billion-euro ($28 billion) package to support its strained health system while helping businesses and families counter the economic impact of Europe’s worst coronavirus outbreak. The decree, approved at a cabinet meeting chaired by Prime Minister Giuseppe Conte, laid out new measures ranging from suspending tax payments to helping cover layoffs to mortgage relief, as a nationwide lockdown...