Conte Softens Italy’s Red Lines Over European Virus Aid Plan

(Bloomberg) -- Just two days before a crucial European Union summit, Italian Prime Minister Giuseppe Conte signaled a more conciliatory approach to the EU’s efforts to craft a trillion-euro rescue package that would mitigate the economic impact of the pandemic.Speaking in Rome to senators in protective masks and gloves, Conte welcomed an initiative by European Commission President Ursula von der Leyen to boost the joint EU budget, saying it “could have all the characteristics”