Italy to boost deficit to help car industry and furloughed workers - source

Italy is preparing a 20 billion euro (18 billion pounds) stimulus package that will see families given tax relief and more funds to assist the automotive sector, local authorities and workers temporarily laid off, a government source told Reuters.The extra spending will involve additional borrowing and drive Italy's budget deficit to around 11.6% of national output from the 10.4% indicated in April.The government began the year with a deficit target of 2.2% of GDP after the 1.6% recorded in 2019