MILAN, Oct 5 (Reuters) – More than two years after a bridge collapse killed 43 people in Genoa, the Italian government is threatening to strip Atlantia’s ATL.MI Autostrade per l’Italia of its lucrative concession to run much of Italy’s motorway network.
The dispute seemed to have been resolved in July when the government approved a plan that would see Atlantia pull out of Autostrade to make room for state lender CDP.
But that agreement risks unravelling, after talks with CDP stalled, prompting the Benetton-backed group to launch a competitive sale process for Autostrade.
WHY DID THE JULY AGREEMENT NOT STICK?
Under the plan brokered by the government on July 14, CDP was expected to cooperate with Atlantia on the spin-off of its 88% stake in Autostrade to secure control of the business along with allied investors.
The deal, however, did not fully address the financial details and was subject to
ROME (Reuters) – The Italian government will likely impose new restrictions on the country in the coming week to try to beat back rising numbers of coronavirus cases, Health Minister Roberto Speranza said on Sunday.
The cabinet is due to meet on Tuesday to decide how to respond to an increase in infections, with southern Italian regions for the first time looking vulnerable to the disease.
“The battle isn’t over. We don’t have the numbers seen in other European countries … but we are in a phase of significant growth and I hope the country finds a spirit of unity,” Speranza told state broadcaster RAI.
The measures under review include making the wearing of masks obligatory outdoors across the whole country and re-introducing curbs on social gatherings.
“Masks are fundamental. The more we can get them used by Italians the better it will be,” said Speranza. Mask-wearing is currently compulsory