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Director / Editor: Victor Teboul, Ph.D.
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Italy considering Alitalia rescue as creditors circle

The Italian government is considering joining a 500-million euro ($676 million) rescue plan for Alitalia after unions warned the national airline risked defaulting within days and creditor Eni  threatened to stop supplying fuel.   Sources close to the situation said on Thursday that under the plan the government could inject 150 million euros into the airline, the same amount as existing shareholders, while banks would provide an additional 200 million euros in new loans.   The ...


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