The reason why Italy may not nationalise Autostrade

Bridge disaster: A file picture showing the Morandi Bridge. Di Maio and Transport Minister Danilo Toninelli have been threatening Atlantia, the parent company of Autostrade with nationalisation of Italian toll roads after the bridge collapse. — Reuters

Its debts may swell to US$11bil if licence of highway operator is revoked

LONDON: Italy’s sovereign debt may swell by as much as €9.4bil (US$10.8bil) if the government goes ahead with plans to nationalise the toll roads run by Atlantia SpA’s unit Autostrade per l’Italia SpA.