“For 2015 we have three options: Post, Enav It is probably Fs”, but for the moment we plan “just another share of Enel”. This was announced on the subject of privatization by the Minister of the Treasury, Pier Carlo Padoan, interviewed by Il Messaggero.
The timing of the quote of Enel "will be decided in consideration of the stock market trend", continued the number one of the Economy, adding that the sales scheduled for next year will concern "presumably 40% of Poste, 49% of Enav and a stake not far from from 40% of Fs”.
Padoan then recalled that this year the prices of Fincantieri e Rai Way, and "the second in particular - he claimed - gave us great satisfaction", despite the fact that the market did not present a "favorable" situation.
Despite the difficulties, the minister confirmed the target of approx 10 billion to be achieved in 2015 thanks to privatisation: "Of course we will have to deal with the market, but we are confident," he said.
On the public accounts front, Padoan underlined that the debt it will probably continue to rise for a good part of 2015 and only in 2016 will there be a significant turnaround in the trend. But privatizations are not the best way to reduce the debt-GDP ratio: “That would be enough 1% growth and inflation close to 2% – explained the minister – to bring the debt problem back within limits of absolute tranquillity”.
As for the international situation, "if it is true that Russia's critical issues can temporarily affect the European economy, creating some difficulties - continued Padoan -, Italy could derive benefits above all from the fall in crude oil prices: there is a school of thought according to which an oil stabilized at 60 dollars would produce a growth of 0,5% of our GDP”.
