Ilva: Padoan releases bridging loan

3 May 2015, 7:41 | di FIRSTonline editorial team | 0

Green light from Economy Minister Pier Carlo Padoan for the 400 million euro bridging loan to Ilva

The Minister of Economy and Finance, Pier Carlo Padoan, signed the decree granting the State guarantee on the 'bridge loan' of 400 million to ILVA by Cassa Depositi e Prestiti, Intesa San Paolo and Banco Popolare. This was reported by the MEF itself in a statement in which it specifies that "this guarantee, for consideration and in line with the relevant European legislation, covers a loan intended for environmental rehabilitation and redevelopment interventions.? The decree now passes to the registration of the Court of Auditors ".

FIRSTonline editorial team

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