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Buried in massive debt, Italy puts crown jewels up for sale
Buried in massive debt, Italy puts crown jewels up for sale
Economy
by  AFP

Prime Minister Giorgia Meloni once declared Italy's postal service a "crown jewel" that must stay in state hands, but she is now selling a stake as part of a privatisation programme to tackle a huge public debt. Nevertheless, the decision to sell a stake in the postal service to foreign investors marks a shift from a statement she made in 2018, four years before becoming prime minister.