V Comandini, WIK – Specific challenges of postal regulation in low-volume postal markets
Specific challenges of postal regulation in low-volume postal markets
Vincenzo Visco Comandini
University of Rome “Tor Vergata” and ISIMM
Tag: Italy
35% OF POSTE ITALIANE GOES TO STATE FINANCING AGENCY
Italy’s Economy Ministry is seekine to reduce Poste Italiane’s debt-to-gross domestic product ratio by transferring 35% of its stake to Cassa Depositi Prestiti, the state long term financing agency.
Read MoreItalian Post Office offers online registered mail service
Registered mail to Italy can now be sent via the Internet. The new service has been launched by the Italian Post Office, and is active 24 hours a day every day of the year. Users simply go to www.poste.it, register for the services, click on “Online registered mail”, insert the recipient’s details and pay with a credit card (Visa and Mastercard) or Poste Pay card. The certificate of posting is also available online.
Read MorePoste Italiane rating downgraded
Moody’s Investors Service has downgraded from Aa2 to A1 the long-term senior unsecured issuer rating as well as the senior unsecured rating on the Euro 2 billion MTN of Poste Italiane S.p.A. (Poste Italiane). The rating downgrade reflects the fact that Poste Italiane’s future debt holders will no longer enjoy an implicit guarantee from the State of Italy. Due to the importance of the services provided by Poste Italiane, Moody’s expects continued financial compensation from the government, as Poste Italiane has been designated as the universal postal service provider until at least 2014.
Read MoreExel acquires European pharma logistics group
Exel acquires European pharma logistics group
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