Italy's state auditors' chief to move to shipbuilder Fincantieri as chairman
ROME, Aug 1 (Reuters) -The board of state-controlled shipbuilder Fincantieri FCT.MI picked Biagio Mazzotta, head of state auditors at Italy's economy ministry, as its new chairman, a company statement said.
Mazzotta succeeds Claudio Graziano, who died in June.
Daria Perrotta, currently head of the legislative bureau at the economy ministry and a close aide of Minister Giancarlo Giorgetti, is expected to replace Mazzotta as state accountant general, political sources said.
Mazzotta, 62, has been widely criticised for failing to prevent the budget overshoot due to costly fiscal incentives for home renovation, which are expected to keep Italy's mammoth public debt on an upward trend through 2026.
However, successive administrations of different colours since 2020 have proved incapable of halting the haemorrhaging, despite growing warnings of the escalating problem.
Reporting by Giuseppe Fonte; Editing by Susan Fenton
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