Italy extends furlough support in new stimulus package

Italy approved on Friday a new stimulus package aimed at helping businesses and families survive the coronavirus crisis, while Rome waits to receive funds from the European Union's Recovery Fund.Italy hopes to front-load this year part of 209 billion euros in grants and cheap loans it should receive from the Recovery Fund starting in 2021.The Italian economy has been among the worst hit by the crisis, facing an 11.2% contraction this year, according to European Union estimates, the sharpest fall