Home / Post Office / Italy may raise 6 billion euros in sale of post office stake – government source

Italy may raise 6 billion euros in sale of post office stake – government source

Italy could raise as much as 6 billion euros (4.90 billion pounds) to lower the European Union's second-biggest debt in the planned sale of up to 40 percent of the national post office service, a government source said on Wednesday. Prime Minister Enrico Letta's government will likely examine a bill on the privatisation of national post office service Poste Italiane (PSTIT.UL) on Friday …

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