Rome/Madrid — Italy is betting that a tax scheme to encourage home renovations will green its economy and create jobs.

On the face of it, this low-tech approach is at odds with the EU’s aim of promoting climate and innovation in exchange for billions of euros of aid money. But the government is convinced that paying citizens to make their homes more energy efficient is also the best way to kick-start the recovery in the middle of a pandemic...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.