• It is expected to propose vesting all unassigned rights in the sub-salt area (62% of the total) in a new, wholly state-owned, company which would partner Petrobras or any other firm that signs exploration contracts.

    ECONOMIST: Brazil's Petrobras

  • At the end of May, Alitalia's board approved an arrangement under which Fintecna, a company wholly-owned by the state, will become a shareholder in Alitalia Servizi.

    ECONOMIST: State-funded parachutes for Italy's national airline

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