State aid for Italian businesses hit 26 bln euros in 2012

(AGI) Rome, June 29 - The thousands of companies given stateaid in 2012 cost Italy's public purse 25.93 billion euros, thehead of the Court of Auditors Salvatore Nottola said. In hisindictment on Friday, the public prosecutor said in particularthat one third of the 5,258 companies with local funding wereoperating at a loss. . .

(AGI) Rome, June 29 - The thousands of companies given stateaid in 2012 cost Italy's public purse 25.93 billion euros, thehead of the Court of Auditors Salvatore Nottola said. In hisindictment on Friday, the public prosecutor said in particularthat one third of the 5,258 companies with local funding wereoperating at a loss. . .