Another grey smoke. At the top of the face-to-face assembly between Giancarlo Giorgetti and Margrethe Vestager, the European Commission doesn’t even use the ritual formulation that normally describe political talks. This is sufficient to reveal a nonetheless uphill street to the approval of the wedding between Ita and Lufthansa.
The authorities, the top of the Treasury restricted himself to saying as he left Palazzo Berlaymont, has “reaffirmed” its place to the EU. And now he waits for “the decision”, arriving by July 4th. However, there are nonetheless virtually two months in between: the most recent bundle of commitments on slots and routes introduced final week, within the judgment leaked to Brussels, “shouldn’t be but enough”. However, it’s the stress, the events nonetheless have time to make enhancements.
Having left Ecofin, the Minister of Economy introduced himself to the top of EU Competition for the second time within the house of fifteen days. On the desk, the persistent fears of the antitrust which began the market check on the operation a number of days in the past. The case is “complicated”. And the negotiations, based on the indications provided by some sources near the file, stay caught on the three most problematic fronts. Faced with the danger of a dominant place of Ita and Lufthansa at Milan-Linate, Vestager’s staff’s evaluation nonetheless lacks a stable resolution that will permit a provider able to establishing itself as a “credible” presence to take over.
The compromise proposals placed on the desk by Carsten Spohr’s firm and the Mef to open up short-haul routes from Italy to Central Europe to rivals stay to be perfected. And, in the identical method, the thought of freezing solely briefly – for 2 years – the alliance between the crane firm and the brand new firm that arose from the ashes of Alitalia on the lengthy connections from Fiumicino to the United States and Canada, the place Lufthansa already holds a big portion of the market with its three way partnership fashioned with United Airlines and Air Canada.
To perceive whether or not it’s attainable to achieve a falling level earlier than July 4th, extra time will likely be wanted. “It’s all the time sophisticated, you all the time need to have numerous persistence”, noticed Giorgetti. In Brussels, nonetheless, the warning circulating is obvious: there’s nonetheless time to work. As lengthy as there’s “the desire of the events”, Lufthansa within the lead.
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