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italian tourism

YOU would not know it from the English-language signs promising to serve passengers ``quckly'', but Naples' Capodichino

airport is British-owned. In August, 70% of it was bought by BAA, a company that also runs, among other things, London's

main airport, Heathrow. For the Italian south this is a symbol of hope. Finding an international firm of this calibre willing to

invest there has greatly boosted its confidence.

BAA, for its part, was attracted by the south's tourist potential, but spent three years thinking hard about the $44m deal. What

clinched it in the end was the enthusiasm of Antonio Bassolino, the mayor of Naples since 1993. He won round BAA bosses

with his clear commitment to privatisation, and fought off opposition at home to foreign ownership, branded as ``colonisation by

A former communist fundamentalist, Mr Bassolino is an unlikely champion of privatisation. But the BAA deal is no one-off. Mr

Bassolino boasts about selling the municipal dairy-``What was a city council doing selling milk?''-and about pioneering, with

Merrill Lynch, Italy's first international municipal bond issue, which sold well in America. The cash was used to renovate the

city's public transport system. He is pro

. . .
Some common words found in the essay are:
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Approximate Word count = 1564
Approximate Pages = 6 (250 words per page double spaced)

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