Overwhelmed by debt, Italy sells stake in Post Office ‘crown jewel’
[ad_1] Milan – Italian Prime Minister Giorgia Meloni once declared Italy's postal service a "crown jewel" that must stay in state hands, but she is now selling a stake as part of a privatization program to tackle a huge public debt.Meloni's hard-right government aims to raise €20 billion ($21.6 billion) by 2026 by selling off a stake in Poste Italiane, which turns big profits through its insurance and banking operations, […]