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Giorgetti, privatize? 'Tidying up with patient investors' - News

2024-01-20T08:36:48.653Z

Highlights: Giorgetti, privatize? 'Tidying up with patient investors' - News.com.au. Compared to privatizations "it is more correct to talk about rationalization of the assets of subsidiaries" In NetCo we are renationalising and there is the hope that patient investors will come in. It is good to have national and international entities outside of purely speculative perspectives. "If world trade went into crisis due to wars and geopolitical tensions, it would be a disaster for us"


Compared to privatizations "it is more correct to talk about rationalization of the assets of subsidiaries, so the public decides to enter more into some entities and sell other shares so that everything is more efficient and rational and in step with the times". (HANDLE)


Compared to privatizations "it is more correct to talk about rationalization of the assets of subsidiaries, so the public decides to enter more into some entities and sell other shares so that everything is more efficient and rational and in step with the times".

Thus, in an interview with Corriere della Sera, the Minister of Economy Giancarlo Giorgetti.

"It's not simply making money - he adds - In NetCo we are renationalising and there is the hope that patient investors will come in. On infrastructures or on critical companies, net of golden power, it is good to have national and international entities outside of purely speculative perspectives" .

 "If world trade went into crisis due to wars and geopolitical tensions, it would be a disaster for us - he continues - We need open global markets, but also to understand how Europe intends to move on investments".

"It is obvious that the euro area is entering a recession. For now, inflation has fallen thanks to energy costs, but if we think of reaching 2% as soon as possible by raising rates, then the objective is to do so through a recession. It's happening. As long as it works, because otherwise we'll be in stagflation.



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Source: ansa

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