Live news: Italy to supply €2.2bn aid package after floods hit Emilia-Romagna

Italy has introduced a €2.2bn aid bundle for the flood-hit its Emilia-Romagna area, the place an estimated 23,000 folks have misplaced their properties and 1000’s of hectares of fertile farmlands have been broken after the area obtained greater than half of its annual common rainfall within the area of simply 36 hours.

At the very least 15 persons are identified to have died within the floods, which drove tens of 1000’s of individuals from their properties, and broken 1000’s of fruit-bearing timber in one of many nation’s most fertile and productive agricultural areas.

The aid bundle consists of direct help for affected companies, and moratoriums on the gathering of tax and social contributions for flood-hit firms.

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