A deal with the EU Commission The European Commission has long criticized the lack of competition in Italy. In April this year, she reached an October 2018 Calendar South Africa with the government in Rome. This compromise stipulates that the concession period is shortened for certain sections of the motorway, that the operators can only increase the tolls to a limited extent and that penalties are incurred if the infrastructure is not renewed on time.
But the companies have enough time to do so 2038 prolonged concession of Atlantia or Autostrade with the blessing of the EU for another four years until the end of 2042 extended. The resulting additional revenue should allow the company, according to the Commission’s communication, the timely completion of the mammoth project “Gronda di Genova”, a bypass of Genoa with a projected cost of € 4.3 billion.
Unsettled investors With the collapse of the Bridge and the threatened concession withdrawal for Autostrade these plans may again confused – with uncertain consequences for the mother Atlantia. Their shares were not traded on Wednesday due to holiday, but their bonds lost significant value.
By contrast, credit default for Atlantia reached a five-year high. Italy’s lower midfield portfolio. Looking at available statistical data, Italy’s infrastructure can be classified in the lower European midfield. In the quality measurement of the EU Commission, the Italian road network is ranked 17th out of 28 EU countries, the rail network on 18th rank.
Both are only slightly below the EU average. However, the total private and public investment measured as a share of gross domestic product has fallen much more sharply in Italy since the financial crisis than in the EU average. In 2017 they amounted to The share of public infrastructure spending has narrowed by just under a third since of gross domestic product. October Calendar 2018 Printable
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In a discussion paper published in March, the International Monetary Fund shows that Italy has over the past two decades consistently increased its government spending more than economic output. At the same time, however, social spending has increased disproportionately, with less and less investment and spending on education.
Italy has been exploiting its economic potential for some time now. The IMF recommends a more growth-friendly composition of government spending. How the Benetton family increases their freeway empire with a billionth takeover in the toll sectorThe acquisition of Abertis by Atlantia could create the world’s largest toll group.
The Benetton family, well-known in the fashion industry, is actively involved in the infrastructure transaction. Ulrike Sauer, of the bridge collapse in Genoa After the collapse of the Polcevera (Ponte Morandi) motorway bridge, a four-lane motorway bridge in topics. Selected by the editorial staff before the stock exchange.
Today, modern technology makes many small mental achievements in our head superfluous. The calendar in the smartphone is equipped with a reminder function that – depending on your wishes – October 2018 Calendar South Africa in advance about an event. So it is possible to have a week before announcing birthdays. Then there is still time to get a present. On the day of jubilee, of course, there is still a memory – which reminds us of congratulating and conveying the present.