Trade Resources Economy Italy's Lower House of Parliament Approved Legislation to Keep The Troubled ILVA

Italy's Lower House of Parliament Approved Legislation to Keep The Troubled ILVA

Italy's lower house of parliament,chamber of deputies,on Wednesday approved legislation to keep the troubled ILVA steel plant going during a two-year clean-up to resolve environmental concerns.

The Chamber of Deputies approved the decree by 421 to 21 votes.It will now move to the Senate for final approval.

The legislation removes court administrators who were running parts of the plant and orders the appointment of an independent supervisor to oversee a plan to install cleaner technology.

Mr Mario Monti's government passed the decree in November but it still needed parliamentary approval.

The future of Europe's biggest steel plant,an employer of thousands in southern Italy,had hung in the balance after magistrates ordered it to close over accusations that emissions from the site had caused an environmental disaster.

Source: http://www.steelguru.com/international_news/Italian_lower_house_approves_plan_to_save_ILVA/295819.html
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Italian Lower House Approves Plan to Save ILVA