Source: http://www.dailymail.co.uk/news/arti...ment-debt.html
Hard-up Italy to sell 50 historic sites in bid to raise ?425million to pay off government debt
A fortress, a palace and an island will be auctioned to tackle the deficit
Economy minister Fabrizio Saccomanni hopes to make ?425million
The sale will be followed by a further ?1billion of austerity measures
By Daily Mail Reporter and Hannah Roberts
PUBLISHED: 00:23 GMT, 12 October 2013 | UPDATED: 10:03 GMT, 12 October 2013
The Italian government is to sell scores of historic properties to help it tackle its huge budget deficit.
A haunted fortress, a cardinal?s palace and an island in the Venetian lagoon are among 50 sites for sale.
The move recalls 2012, when Greece was forced to sell off some its beautiful islands to foreign buyers, to chip away at its enormous debts.
The Italian government hope that the nation?s treasures will be bought by private businesses and converted into hotels, restaurants and museums, bringing much needed employment and international investment...
Hard-up Italy to sell 50 historic sites in bid to raise ?425million to pay off government debt
A fortress, a palace and an island will be auctioned to tackle the deficit
Economy minister Fabrizio Saccomanni hopes to make ?425million
The sale will be followed by a further ?1billion of austerity measures
By Daily Mail Reporter and Hannah Roberts
PUBLISHED: 00:23 GMT, 12 October 2013 | UPDATED: 10:03 GMT, 12 October 2013
The Italian government is to sell scores of historic properties to help it tackle its huge budget deficit.
A haunted fortress, a cardinal?s palace and an island in the Venetian lagoon are among 50 sites for sale.
The move recalls 2012, when Greece was forced to sell off some its beautiful islands to foreign buyers, to chip away at its enormous debts.
The Italian government hope that the nation?s treasures will be bought by private businesses and converted into hotels, restaurants and museums, bringing much needed employment and international investment...
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