Select a language
The Milan stock exchange lost 1.34 per cent after gas extraction company Saipem, which is controlled by Italian energy giant ENI, fell 34 per cent following a profit warning on its forecast business. Last December, Saipem was hit by a corruption scandal in Algeria, one of its main operation countries, which prompted the resignation of its CEO.
hostage crisis at the In Amenas gas field may also be linked to this ongoing struggle for power.
Do you like our work?
Help multilingual European journalism to thrive, without ads or paywalls. Your one-off or regular support will keep our newsroom independent. Thank you!
Read more on this topic
