Italy’s PM Meets Party Leaders On Atlantia Concession – Sources

www.oann.com | 8/31/2018 | Staff
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ROME (Reuters) – Top Italian ministers will meet late on Tuesday to discuss how to deal with motorway operator Autostrade per l’Italia (ASPI) and its concession, three people familiar with the matter said.

Prime Minister Giuseppe Conte will hold a meeting with Interior Minister Matteo Salvini, Industry Minister Luigi Di Maio and Infrastructure Minister Danilo Toninelli, the sources said.

ASPI - Part - Infrastructure - Group - Atlantia

ASPI, part of infrastructure group Atlantia, has been under intense criticism from the government since last August, when a motorway bridge it operated collapsed, killing 43 people.

After the disaster the government set in motion a complex procedure to revoke ASPI’s motorway concession, which accounts for around one third of Atlantia’s core profits.

Movement - Part - Ruling - Coalition - Atlantia

The 5-Star Movement, which is part of the ruling coalition, has been particularly vocal against Atlantia and the Benetton family, its controlling shareholder.

The ministers will discuss the procedure to revoke the concession, sources said, amid speculation that the government could soften its stance on Atlantia to persuade the group to take part in the rescue of flagship carrier Alitalia.

Attempts - Investors - Alitalia

It is not clear, however, if they will also discuss attempts to find private investors to take over Alitalia.

The Prime Minister’s office did not respond to a request for comment.

Di - Maio - 5-Star - Atlantia

Di Maio, who leads 5-Star, has strongly criticised Atlantia for...
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