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In Foggia, Palazzo Chigi's ultimatum to Terna's CEO: "Either a €7,3 million severance package or the presidency of Eni."

The government has issued an ultimatum to Terna CEO Giuseppina Di Foggia, who is demanding a €7,3 million severance package for her three years at the helm of the electricity grid and is now a candidate for Eni's presidency: it's one or the other, either the generous severance package or the role of president of the oil group. Di Foggia appears inclined to resign from Eni's presidency, for which other candidates are advancing.

In Foggia, Palazzo Chigi's ultimatum to Terna's CEO: "Either a €7,3 million severance package or the presidency of Eni."

Not more than one board of directors was enough to resolve the Di Foggia case, the case raised by the CEO of Terna, Josephine of Foggia who is claiming a severance package of 7,3 million euros for the three years spent at the helm of the electricity network as CEO and General Manager and who is now a candidate for the presidency of theEni. The very transition from a company controlled by CDP (Terna) to one directly controlled by the Ministry of Economy and Finance (Eni) has raised, beyond ethical aspects, a problem of interpretation of the rules because when a transfer from one public company to another, the right to severance pay ceases. But Di Foggia's lawyers object that CDP and MEF they are not formally the same thing. The problem annoys the Government who yesterday delivered an ultimatum to Di Foggia: either a super-settlement package or the presidency of Eni. In other words, if Di Foggia insists on demanding the generous severance package from Terna, he will not be elected president of Eni, for which the government is already considering other candidates, such as the former League MP. Benedetta FiorinI, the former President of Confindustria Emma Marcegaglia. In short, a nice puzzle that will require at least a new meeting of Terna's board of directors but which seems to induce Di Foggia to give up the presidency of Eni in exchange for the huge severance package she is demanding from Terna.

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