The Italian government has suspended a plan to sell stakes in energy company Eni and air traffic controller Enav to Cassa Depositi e Prestiti, after Europe’s statistics agency Eurostat questioned whether the stakes should be moved to a state-controlled entity. The Bank of Rome has said that it may not agree that a sale to CPD would clean up public finances and Eurostat may decide to include CDP liabilities when calculating Rome’s public debt, currently 131.6% of GDP.
The Italian government has suspended a plan to sell stakes in energy company Eni and air traffic controller Enav to Cassa Depositi e Prestiti, after Europe’s statistics agency Eurostat questioned whether the stakes should be moved to a state-controlled entity. The Bank of Italy has said that it may not agree that a sale to CPD would clean up public finances and Eurostat may decide to include CDP liabilities when calculating Italy’s public debt, currently 131.6% of GDP.