Italy to Hike Petrol Tax to Fund Quake Relief

May 30, 2012

The Italian government will raise excise duties on petrol to fund aid for the Emilia-Romagna region affected by Monday’s earthquake, a statement said.

The Cabinet also decided that nationwide spending curbs affecting Italy’s local authorities according to the so-called “internal stability pact,” will be eased for the towns hit by the quake.

Emilia-Romagna, one of Italy’ richest and most productive regions, was hit by a deadly magnitude 5.8 earthquake and a series of aftershocks on Tuesday, just over a week after a force 6.0 tremor in the same region.

More than 20 people were killed in the two earthquakes, which caused a swathe of destruction across the region.

(Reporting By Gavin Jones)

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