Italy to sell 40 percent of public railway company in 2016
(AGI) Rome, Nov 23 - The Italian government approved to sell 40percent of Ferrovie dello Stato Italiane S.p.A. (FS), thepublic railway company, in 2016 during a cabinet meeting onMonday. The sale proposal was contained in a draft executivedecree prepared by the Ministry of Economy and Finance inconjunction with the Ministry for Economic Development, incompliance with the legislation on privatisations. A statementreleased at the end of the cabinet meeting reads as follows:"The decree will be sent to the competent parliamentarycommittees for consultation. The decree will regulate the saleof a stake in