German government has no plans to sell remaining stake in Commerzbank
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The European Commission has ruled that the Lufthansa Group can enter the capital of its Italian sector partner, ITA Airways, the successor to Alitalia. However, to safeguard competition, the two companies must offer other airlines access to several routes. “Today we are concluding a historic, long-standing case,” the Italian Economy Minister Giancarlo Giorgetti commented on the news. “This is a success for this government – an Italian, European, and German success, even though negotiations were tough.” Some concessions German airline Lufthansa and the Italian government agreed on a German stake in ITA in May last year. Continue reading at newmobility.news.
German government has no plans to sell remaining stake in Commerzbank
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Conservative Barnier is best-known internationally for leading the European Union’s Brexit negotiations with the UK.