MILAN - Just two years after part of Genoa's Morandi bridge collapsed killing 43 people, a new structure opens in the port city on Monday , in stark contrast to Italy's stalled infrastructure projects elsewhere.
Several former and current executives of Autostrade and transport ministry officials have been placed under investigation by prosecutors and after months of wrangling, Atlantia is set to lose control of its lucrative subsidiary. For years, Italy's economy has suffocated under a mix of poor governance made worse by corruption and a thicket of vested interests and bureaucracy that have stifled innovation and fostered the kind of neglect that led to the bridge disaster.
As well as the shocking human toll, the collapse of the Morandi bridge dealt a severe economic blow to Genoa, costing the city an estimated 6 million euros a day in lost revenues and additional costs, Bucci said, as it interrupted freight traffic for months.
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