Italy plans to sell properties to tackle debt
Fifteenth century castle and Venetian island among items up for sale in bid to relieve country’s $2.5b debt.
Published On 6 May 2014
Italy’s public debt hit a record $2.5b in April, making it the second highest debt in Europe.
In a bid to tackle the problem, the Italian government is planning to sell off some of its prime properties.
A fifteenth century castle, an old army barracks, and a Venetian island are some of the items up for sale.
Al Jazeera’s Claudio Lavanga reports from Venice.
Source: Al Jazeera