Italy plans to widen special powers over strategic sectors
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MILAN (Reuters) - Italy plans to extend the special powers it has to shield key industries from unwanted foreign interest, a senior government official said on Saturday, adding that the measures would apply to investors from other European Union nations.The plan reflects concerns in Italy's ruling coalition that foreign investors could take advantage of the recent collapse of share prices triggered by the coronavirus crisis to buy assets in industries deemed as strategic for the country.Cabinet..