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11 Nov
00:00

Federacciai rules out renationalisation for Italy's Ilva

There has been growing speculation in Italy in the press, and among some politicians that Ilva steel company could be returned to state ownership, but this has been dismissed by Antonio Gozzi, head of Italy’s steel association, Federacciai. According to some reports, the Italian national bank, Cassa Depositi e Prestiti (CDP), which is also the financial arm of the Treasury, could intervene with funding for the troubled mill. Gozzi agrees in part…
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