On Friday, the government launched a procedure to revoke concessions held by Autostrade to operate toll highways. The Italian government is also working on penalties it could apply against Atlantia, Prime Minister Giuseppe Conte said on Tuesday.
“This file (on penalties) is in my bag and has been traveling with me these last few days,” Conte said in an interview in Il Corriere della Sera.
Conte said the 500 million euros offered by Atlantia to help the victims of the disaster was a modest amount. “They could quadruple or quintuple that in the meantime,” he said.
Asked if the government planned to nationalise the motorway concession sector, Conte said the government was examining the best way to meet the public interest. He said Rome had already received alternative offers to Atlantia to rebuild the bridge.
Atlantia shares were down more than 7% on Monday and have tumbled by about 28% since the disaster in Genoa.