Political crisis eases regulatory risk for Italy's Atlantia


  • World
  • Friday, 09 Aug 2019

FILE PHOTO: Controlled explosions demolish two of the pylons of the Morandi bridge almost a year since a section of the viaduct collapsed killing 43 people, in Genoa, Italy June 28, 2019. REUTERS/Massimo Pinca/File Photo

MILAN (Reuters) - Shares in Italian infrastructure group Atlantia rose more than 2% on Friday as a possible breakdown in the government was seen as lessening the prospect it could lose its lucrative motorway concession.

The stock bucked a sinking trend on Milan's main equity index, accompanied by rising sovereign bond yields, the morning after Deputy Prime Minister Matteo Salvini called for an early election.

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