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Government gives mandate to FS for privatization in small steps, excluding the network

The government privatization programme, contained in the Def, mentions only the subsidiaries Grandi Stazioni and Cento Stazioni within the FS group, while for the rest of the group (from Trenitalia, to the high-speed train and the network) the choices are still to be to define.

Government gives mandate to FS for privatization in small steps, excluding the network

The Board of Directors of Ferrovie dello Stato has received from the Government the mandate to proceed with the privatisation, excluding the Rfi network. This was announced today by Maurizio Lupi, Minister of Infrastructure. 

The government's privatization programme, contained in the Def, mentions only the subsidiaries Grandi Stazioni and Cento Stazioni within the FS group. The government's official goal is to raise 11 billion a year, starting as early as 2014, with the disposal of public assets.

At the beginning of the year, the former managing director of the group, Mauro Moretti, had hypothesized various solutions, including "a possible listing, which must be decided by the shareholder".

Meanwhile, the sale of 2015% of Poste and 40% of Enav have in fact been postponed to at least 49, while the sale of 5% of Enel and 4,34% of Eni does not entirely convince the premier, Matteo Renzi, who he does not consider it a priority.

Of resources to reduce the public debt there are currently only 3 of the approximately 3,5 billion received by Banca MPS for the partial repayment of the Monti bonds, which however are not linked to privatizations.

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