Italian government contributions agency INAIL is proposing to sell-off €4.2bn (L8,100bn) of property to cover reforms to rules governing national insurance contributions.
The reforms, announced by Gianni Billia of INAIL, will see more private provisions for welfare payment, leading to less contributions to INAIL.
The property is expected to be sold off over five or six years.
La Repubblica, 20 December 1999, page 29
