Italian PM Conte: Tourism sector likely to feel the impact of restriction for various months

Italian Prime Minister Giuseppe Conte was out with some comments in the last hour and indicated to further relax lockdown measures after May 18.

Key quotes:

• Will work with regions so they can ease coronavirus restrictions based on local conditions.
• The tourism sector is likely to feel the impact of restriction for various months.
• The government will set aside 25 billion euros in a new stimulus package to help employees and self-employed.
• Government is also setting aside 15 billion euros in the new package to help companies.