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Accounts: in 2035 the European energy sector risks showing zero growth

This is what Fulvio Conti, Enel's managing director, pointed out on the sidelines of the B20 organized in Cannes on the occasion of the G20, inviting the 27 EU members to achieve greater regulatory uniformity in the sector. On the hypothesis of a sale of Enel shares by the Treasury, Conti instead explained that "I don't think there is a sale on the agenda".

Accounts: in 2035 the European energy sector risks showing zero growth

If the European economy continues to proceed along this path, the energy sector will show zero growth until 2035. This is what Fulvio Conti, Enel's CEO, pointed out on the sidelines of the B20 organized in Cannes on the occasion of the G20 , inviting the 27 EU members to achieve greater regulatory uniformity in the sector. Europe currently imports 60% of its energy needs, Conti underlined again, explaining that most of the imports will be replaced by renewable energies.

On the hypothesis of a sale of Enel shares by the Treasury, Conti explained that “I don't think there is a sale on the agenda. Our securities express an income capacity higher than that which would be obtained with a sale”. Already in recent days, Enel's CEO had noted that if the State were to sell its packages of Enel, Eni and Finmeccanica today, it would collect just fifty billion. Furthermore, the manager had insisted, it is not clear why Italy should sell shareholdings that are held tight abroad, for example in France. If others do like this, there will also be a reason ".

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