Italy's Asset Sale Plan: €19B by 2028

Italys government aims to generate nearly €19 billion from selling state assets by 2028, focusing on reducing its massive debt. The plan involves sales worth 0.2% of GDP this year, 0.5% in 2027, and 0.1% in 2028. Despite initial plans for €20 billion in disposals, the government has only secured over €4 billion so far, mainly from selling parts of Monte dei Paschi di Siena and Eni. Eyes are on potential sales of stakes in ENAV, the remaining Monte dei Paschi, more Eni shares, and even listing the state mint. This year could bring almost €5 billion, with €12 billion more in 2027, an election year. However, Italys audit court warns these sales might be mere budget window dressing. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b6b4dcbcef8f2545