Brussels, 18/05/2006 (Agence Europe) - On 16 May the European Commission decided to authorise a fifteen year extension to the Mount Blanc tunnel concession, held by the Società Italiana del Traforo del Monte Bianco (SITMB) company. This decision can be explained by the high cost of safety improvements incurred by the concessionaire companies following the accident in the Mont Blanc Tunnel in 1999. The cost of the work has had serious financial repercussions and threatens the viability of...