(Reuters) - "As the third phase of the Alitalia privatisation process
begins, the government confirms its readiness to adopt the most
opportune and consensual initiatives with regards to the
possible impact on jobs of the industrial plan presented by the
selected buyer," said a statement from Prime Minister Romano
Prodi's office.
Any state intervention would "respect European Union
norms," the statement added. EU rules aimed at ensuring fair
competition prevent governments from handing state aid to their
flag carrier airlines, a practice that used to be common.
Read more at Reuters.com Bonds News
begins, the government confirms its readiness to adopt the most
opportune and consensual initiatives with regards to the
possible impact on jobs of the industrial plan presented by the
selected buyer," said a statement from Prime Minister Romano
Prodi's office.
Any state intervention would "respect European Union
norms," the statement added. EU rules aimed at ensuring fair
competition prevent governments from handing state aid to their
flag carrier airlines, a practice that used to be common.
Read more at Reuters.com Bonds News
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