Arab Today, arab today italy plans postal service privatisation
Last Updated : GMT 19:10:18
Arab Today, arab today
Arab Today, arab today

Italy plans postal service privatisation

Arab Today, arab today

Arab Today, arab today Italy plans postal service privatisation

Rome - AFP

Italy is planning to sell off a share of up to 40 percent in the state postal service by the end of the year, a junior minister said on Friday, as the government bids to drum up much-needed cash. "The listing of Poste Italiane on the stock exchange is plausible by the end of the year," Antonio Catricala from the economic development ministry was quoted by Italian media as saying. "The majority stake will remain with the state and 30-40 percent of the group will be privatised," he said. The government held an initial meeting on Thursday on the operation, which Italian media said could raise around 4.0 billion euros ($5.5 billion) for the state. "Poste Italiane is an asset that the state can absolutely not lose control of. It is important not to break it up," Catricala said. The postal service employs around 155,000 people.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy plans postal service privatisation Arab Today, arab today italy plans postal service privatisation

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy plans postal service privatisation Arab Today, arab today italy plans postal service privatisation

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday