Why a Troubled Steel Mill Is Shaking Italy’s Fragile Government

(Bloomberg) — Emergency, all hands on deck!That was the thrust of a remarkable letter Italian Prime Minister Giuseppe Conte sent to his ministers earlier this week, calling on them to put aside squabbles and come up with “proposals, projects, solutions or specific measures” to rescue a bankrupt steel mill in the southern city of Taranto.Conte’s unusual — some might say desperate — step highlights the pressure on his fragile coalition. The premier is scrambling for a solution to an industrial crisis that’s dominated front pages for weeks while providing fodder for the opposition.Worse still, it was Conte’s own allies who …read more

Source:: Yahoo Finance

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