February 15, 2017 / 12:00 PM / a year ago

Italy to continue privatisations, strategy will not change- Econ Min

ROME, Feb 15 (Reuters) - Italy will press ahead with plans to privatise state-controlled companies but the government will maintain a guiding role in their objective, Economy Minister Pier Carlo Padoan said on Wednesday.

Responding to questions about an ambitious privatisation programme which has run into delays, Padoan told reporters the government’s plan had not changed, and sought to calm fears that company strategies could change after privatisation.

“The privatisations done so far and those in the future do not take the state out of its guiding role,” he said at a news conference in Rome.

“The strategic objectives remain fully operational and if there are fears about changing priorities, they are mistaken.”

Infrastructure Minister Graziano Delrio has expressed doubts about a planned sale of a stake in the state railways company, and an industry ministry undersecretary questioned a plan to sell a further stake in the post office. ($1 = 0.9477 euros) (Reporting by Giuseppe Fonte, writing by Isla Binnie)

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