Italy Mulls Sale of Key State-Owned Stakes to Bolster Finances

Aug. 30, 2023, 6:25 PM UTC

Prime Minister Giorgia Meloni’s coalition is considering selling minority stakes in selected state owned companies to boost Italy’s public finances.

Government ministers are evaluating the disposal of some assets, including a stake in the state railway, while still retaining control over the businesses, according to people familiar with the discussions.

Giorgia Meloni
Photographer: Alessia Pierdomenico/Bloomberg

Separately, officials are also counting on the expected cash flow from the government’s planned stake sale of Banca Monte dei Paschi di Siena SpA next year, said the people, who asked not to be named because the talks are confidential and not at an advanced stage.

Meloni ...

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