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Telecom Italia wants improved offer for subsea unit Sparkle

Telecom Italia wants improved offer for subsea unit Sparkle
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Italy's Finance Ministry submits offer for Telecom Italia's subsea unit Sparkle

Italy's Finance Ministry submits offer for Telecom Italia's subsea unit Sparkle
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Buried In Massive Debt, Italy Puts Crown Jewels Up For Sale

Prime Minister Giorgia Meloni once declared Italy s postal service a "crown jewel" that must stay in state hands, but she is now selling a stake as part of a privatisation programme to tackle a huge public debt.

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Buried in massive debt, Italy puts crown jewels up for sale

Buried in massive debt, Italy puts crown jewels up for sale
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Buried in massive debt, Italy puts crown jewels up for sale

Prime Minister Giorgia Meloni once declared Italy's postal service a "crown jewel" that must stay in state hands, but she is now selling a stake as part of a privatisation programme to tackle a huge public debt.Nevertheless, the decision to sell a stake in the postal service to foreign investors marks a shift from a statement she made in 2018, four years before becoming prime minister.

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