ROME, June 23 The French government will have to
pay 850 million euros ($1.2 billion) as a compensation to the
Ecomouv consortium, led by Italy's Atlantia, if it
decides to definitively scrap a road toll know as ecotax, a
source close to the matter said.
France had awarded to Ecomouv a contract to build a system
to collect the new toll but it later decided not to introduce
it, as originally agreed, in 2014.
The compensation is envisaged by a deal between Ecomouv and
Paris announced earlier on Monday to solve a dispute over the
temporary cancellation of ecotax.
If however Frances decides to introduce the toll from 2015
it will pay 230 million euros per year to the consortium as
planned in the contract plus a one-off sum for 2014.
Atlantia owns 70 percent of Ecomouv. Its partners are Thales
, telecom operator SFR, railways company SNCF
and IT group Steria.
($1 = 0.7366 Euros)
(Reporting by Stefano Bernabei; writing by Francesca Landini;
editing by Giselda Vagnoni and Danilo Masoni)