Earthquake caused ₹30,000 crore damage: Italy PM
The earthquake that killed 297 people in Italy last month has caused damage worth over ₹30,000 crores (around $4.5 billion), Prime Minister Matteo Renzi said. This comes amid preparation of Italy's 2017 budget and demands for aid from the EU. Earlier, the EU said it already grants Italy "unprecedented" budget flexibility and raised concerns about its high public debt.