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The Government Allocates 200 Million for the Former Ilva – The Observatorial

Summary by observatorial.com
A new financial rescue arrives in steelworks of Italy. The law decree (“Urgent measures in favor of the production sectors”) approved today in the Council of Ministers assigns another 200 million to the former Ilva. Two hundred million which are added to what has already been disbursed in various forms in about 15 months of […]

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Green light from the cdm to a package of aids to ensure the continuity of the steel site in Taranto. Sbarra (former Cisl) becomes undersecretary with delegation to the South. The Council of Ministers approved yesterday two decree-laws introducing urgent measures to support the national productive sectors...

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The Government has also given the green light to a decree law with urgent measures to support productive sectors that contains the announced measures for the former Ilva and also the Cig for La Perla. Urso: For the steel industry there is an appropriation of 200 million euros in favor of Adi (Acciaierie d'Italia, ex Ilva) in extraordinary administration to ensure the continuity of production and to secure the plants.

·Milan, Italy
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To ensure the continuity of production at the former Ilva and secure the Taranto plant’s facilities, the government has allocated €200 million in resources to Acciaierie d’Italia in extraordinary administration. The figure was announced by the Minister of Enterprise Adolfo Urso, during the press conference at the end of the Council of Ministers held this afternoon. Resources are also needed to address the issue of redundancy payments and, theref…

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Il Sole 24 Ore broke the news in Milan, Italy on Thursday, June 12, 2025.
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