-  Saturday 14 December 2019
     

    Italy optimistic on EU move against France

    Italy's economy minister said Tuesday he was optimistic that the European Union would take action against France, after Paris announced plans to merge two energy companies in a move that sidelined Italian company Enel.

    Giulio Tremonti made the comments after a meeting of European finance ministers in Brussels. Tremonti said there was a growing consensus among officials that protectionism has become a big problem within the EU.

    The planned merger between Gaz de France, which is 80 percent state-owned, and utility company Suez was announced last month, shortly after Enel had expressed an interest in Suez

    Source
    businessweek




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