Italy's Prime Minister, Giorgia Meloni, has declared plans to privatize the country's Public Television (RAI) and sell Banca Monte dei Paschi, the oldest bank in Italy.
The restructuring of RAI is intended to transition it from a centralized system to one that is merit-based and serves the public interest.
Meloni intends to reduce the political partisan influence on public television and promote a more diverse representation of Italian culture.
This follows another significant privatization during Meloni's term - the privatization of Ita Airways, which included a partnership with Lufthansa.
The proposed privatization of Banca Monte dei Paschi. . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here