Minister says Italy seeks domestic solution for Alitalia

Sat May 10, 2008 11:14am BST
 
Email | Print | | Single Page
[-] Text [+]

ROME (Reuters) - Italy's new economy minister said on Saturday the Rome government was seeking a "domestic solution" for ailing airline Alitalia AZPIa.MI involving private investors.

"We are seeking a fundamentally Italian, private solution. If it does not work, we will see," Giulio Tremonti, who took office this week in Prime Minister Silvio Berlusconi's new conservative government, told state television in an interview recorded on Saturday.

Berlusconi said last month an Italian business group plus banks and airlines -- none of whom he named -- would make a bid for the loss-making airline after a few weeks of due diligence.

(Reporting by Giuseppe Fonte, editing by David Christian-Edwards)

 
Trading specialists work at the Goldman Sachs booth on the floor of the New York Stock Exchange October 30, 2009.   REUTERS/Brendan McDermid
Insider sales not a sell signal

U.S. corporate bosses are likely to sell more of their companies' stock through to the end of the year, but that does not mean share prices have topped.  Full Article 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos