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Reuters
3 minute read
Italy s government has chosen European Investment Bank (EIB) Vice President Dario Scannapieco as the new head of state lender Cassa Depositi e Prestiti (CDP), two sources close to the matter said on Thursday.
The Italian Treasury, which controls CDP, will present the nomination at a meeting of the state lender s shareholders later on Thursday, who will then make the appointment official.
Scannapieco, a 53-year-old economist, will replace Fabrizio Palermo, whose three-year term as chief executive officer of CDP expires this week.
The move is part of a wider reshuffle of key positions in state companies driven by Prime Minister Mario Draghi as the country prepares to spend 220 billion euros ($268.47 billion) of EU funds.
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Italy Considering Further $121 Million Cash Injection for Alitalia
Alberto Brambilla and Alessandra Migliaccio, Bloomberg News An Airbus SE A320 passenger aircraft, operated by Alitalia SpA, aircraft taxis on the runway as it prepares to take off from Fiumicino airport in Rome, Italy, on Wednesday, Jan. 4, 2017. Alitalia shareholders approved Etihad Airways PJSC investment of up to $231m, Etihad became Alitalia s largest shareholder in 2014 as part of the Persian Gulf carrier s attempt to gain a European foothold by strengthening struggling carriers in the region. Photographer: Alessia Pierdomenico/Bloomberg , Bloomberg
(Bloomberg) Italy is considering a new 100 million-euro ($121 million) cash injection for bankrupt airline Alitalia, according to people with knowledge of the matter.
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