Italy Expands Tax Credits for Energy-Intensive Companies

Italy has approved a new aid package which boosts support for companies squeezed by energy costs, according to a government statement.

• From October companies will be able to access tax credits ranging from 25% to 40% based on their energy needs
• Measures approved Friday also include the extension of the current system of credits until the end of September
• NOTE: Italy Readies New Energy Aid Package Worth About $13.5 Billion

To contact the reporter on this story:
Flavia Rotondi in Rome at rotondi@bloomberg.net

To contact the editors responsible for this story:
Alessandro Speciale at aspeciale@bloomberg.net

Chiara Albanese

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