The future of Europe’s biggest steel plant, in the southern Italian city of Taranto, had hung in the balance after magistrates ordered it to close over accusations that emissions from the site had caused an environmental “disaster”.
A decree passed in cabinet on Friday removed court administrators who had been running parts of the plant, which provides 20,000 jobs in an area of high unemployment, and said an independent supervisor would be appointed to oversee a plan to install cleaner technology.
“The company will now be able to operate so that it can implement the environmental clean-up and modernisation,” Industry Minister Corrado Passera said at a press conference.
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via UPDATE 2-Italy moves to save troubled ILVA steel plant | Reuters.
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