{"id":38022,"date":"2013-11-03T11:36:07","date_gmt":"2013-11-03T16:36:07","guid":{"rendered":"http:\/\/countingpips.com\/?p=38022"},"modified":"2013-11-03T11:36:07","modified_gmt":"2013-11-03T16:36:07","slug":"video-air-france-sets-tough-conditions-for-alitalia-investment-report","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2013\/11\/03\/video-air-france-sets-tough-conditions-for-alitalia-investment-report\/","title":{"rendered":"VIDEO: Air France Sets Tough Conditions For Alitalia Investment: Report"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><script language=\"javascript\" type=\"text\/javascript\" src=\"http:\/\/player.grabnetworks.com\/js\/Player.js?id=1767162&#038;content=v71de31afd29f6787943dc34136080abb6fe9ca21&#038;width=542&#038;height=304&#038;tgt=grabnetworks\"><\/script><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Financial daily Il Sole 24 Ore reported on Sunday, that Air France-KLM has set tough conditions, including 5,000 job cuts, for investing more money in loss-making Italian airline Alitalia.In an unsourced report, the Italian newspaper said Air France-KLM, which is Alitalia&#8217;s biggest shareholder with a 25 percent stake, had dictated its conditions to Italian Transport Minister Maurizio Lupi &#8220;around ten days ago&#8221;. Air France-KLM&#8217;s conditions, it said, included the removal of Alitalia&#8217;s board of directors and a restructuring of its debts of nearly 1 billion euros ($1.35 billion) to reduce them by 70 to 80 percent.<\/p>\n<p><img src='http:\/\/images.grab-media.com\/wochit_business\/2013\/11\/03\/fb94eaa061c55c6d16b4d49e03d1ec946affadd1_thumbnail.jpg' \/><\/p>\n<p><!--post_img[http:\/\/images.grab-media.com\/wochit_business\/2013\/11\/03\/fb94eaa061c55c6d16b4d49e03d1ec946affadd1_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial daily Il Sole 24 Ore reported on Sunday, that Air France-KLM has set tough conditions, including 5,000 job cuts, for investing more money in loss-making Italian airline Alitalia.In an unsourced report, the Italian newspaper said Air France-KLM, which is Alitalia&#8217;s biggest shareholder with a 25 percent stake, had dictated its conditions to Italian Transport &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2013\/11\/03\/video-air-france-sets-tough-conditions-for-alitalia-investment-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;VIDEO: Air France Sets Tough Conditions For Alitalia Investment: Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-38022","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/38022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=38022"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/38022\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=38022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=38022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=38022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}