Five people still missing after Genoa bridge collapse

Darnell Taylor
August 18, 2018

Rescuers have been tunnelling through tons of jagged steel, concrete and crushed vehicles that plunged as many as 45 metres when the bridge suddenly fell during a downpour on Tuesday.

Conte has proclaimed Saturday a day of national mourning. They closed down around 22 per cent at €18.3.

Meanwhile, Italy's Ministry for Transport said late on Thursday that it would give road operator Autostrade per l'Italia - responsible for maintaining the motorway - 15 days to prove it had taken all necessary steps to ensure the safety of the bridge. Relatives had said the family, from northern Italy, had been traveling to catch a ferry for the island of Elba while on vacation.

Interior Minister Matteo Salvini demanded that the company offer up to 500 million euros ($570 million) to help families and local government deal with the aftermath of the disaster.

Under the terms of the concession Autostrade can be fined up to €150 million.

Some sector experts estimate that the government may have to pay Autostrade up to €20 billion ($22.85 billion) in compensation if it cancels the license.

"It is very human to look for somebody to blame when a awful accident like Genoa happens".

Autostrade will hold an extraordinary board meeting on the crisis next week a source close to the matter said.

Some 600 people have had to leave their apartments below the remaining spans of the bridge for fear of further collapse.

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At the place of the tragedy, rescue teams used jackhammers and cranes to remove debris in a desperate bid to find survivors. But Italian authorities have said they don't know exactly how many cars were on the collapsed section of the bridge or the number of people that were in them.

A state of emergency has since been declared, as rescuers continue to look for survivors, while Saturday has been declared a national day of mourning, on which funerals of numerous victims are set to be held.

One man stood in silence with his hands on the coffin in front of him.

Some coffins have already been placed in a large hall, and family members visited them on Friday.

Italy's ruling coalition has threatened to break European Union budget rules if needs be to fix infrastructure and ensure there's not repeat of the disaster.

But the European Commission said it had given Rome billions of euros to fix infrastructure.

"And we've seen that in the way that the investors are reacting around the bond markets". He said had no major physical injuries.

Autostrade, which operates 3,000 kilometers of motorways in Italy, accounts for 66 percent of Atlantia's revenues.

He said: "The first day I went to that house to move in, my son said to me "That bridge could come down".

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