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Renzi say measures will help public work

As much as 30 billion euros could be available, says premier

Redazione Ansa

(ANSA) - Rome, August 1 - Premier Matteo Renzi said Friday that his so-called Unblock Italy measures could release as much as 30 billion euros in funding, more than half of that private-sector money.
    Renzi said his plans, aimed at reviving the construction and infrastructure sectors, will help to overcome the "syndrome" of negativity he said is too often heard in Italy.
    As much as 57% of the 30 billion euros in funds he said will be available, will come from the private sector in a package that could include more than 100 construction projects including important public works.
    He said he was confident that approvals for his measures contained in a decree dubbed Unblock Italy could begin to come as early as next week.
    The decree is designed to help local administrations disentangle themselves from red tape and other obstacles now paralyzing public works and infrastructure projects.
   

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