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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. taly'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. Sources: Al Jazeera / Raw-News

02:21
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Produced by Malou Visco, Federico Fornaro,
Directed by Claudio Lavanga
Video Language en
Produced May 06, 2014
Published May 13, 2014
Production Company Raw-News
Distributor Al-Jazeera

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