The list of recent interventions by Prime Minister Giuseppe Conte’s (pic) government is already long, with the populist Five Star movement in particular pushing its left-wing Democratic Party partners hard for even more of a state role.
ON June 2,1992, Italy’s then-chief Treasury official, Mario Draghi, stepped aboard Queen Elizabeth II’s yacht, Britannia, docked near Rome, to ask a group of British bankers for help in slimming down the country’s bloated public sector.
Almost three decades later, and a year since he left as European Central Bank president, what became one of the region’s biggest privatisation programmes is now in reverse.
