News Bites: Italia
EU to Review Alitalia Loan Terms
[ROME] The European Commission has decided to look into the details of the 300 million euro ($477 million) loan that was approved by the exiting Italian government. This amid concerns and complaints from the competitor airlines about the legality or appropriateness of the terms.
This clearly marks the first challenge in relations between the new Italian government under Prime Minister Silvio Berlusconi and the commission. The commission has requested a formal review of all documents pertaining to the loan in an effort to validate whether the transaction is indeed a pure commercial arrangement.
In his former tenure as Prime Minister, Silvio Berlusconi had several challenging clashes with the European Commission, therefore, this should come as no surprise to the PM and those involved in the transaction.
Padre Pio Display Extended
[San Giovanni Rotondo] Due to popular demand by pilgrims interested in visiting and seeing the body of Padre Pio, the remains of the stigmata-bearing saint will stay on display until September of 2009.
The body of Padre Pio went on display Thursday, over 15,000 people were present for a prayer vigil and the unveiling. Another 800,000 have already booked plans to come and see the saint.
Stolen Art Work Returns to Rome
[ROME] Once a year there is an ultra-special art exhibit held in Rome. Although the contents of this display are rarely known in advance. The reason for this is simple, most of these works are involved in some sort of red-tape or negotiation, due to the fact that they were all stolen and recently recovered by the amazing team known as the Italian Art Police. I know, this sounds like the stuff movies are made of, but its true.
This year on display are over 100 valuable works that include statues, paintings, manuscripts, and letters. Most of which have a direct historical importance; others of which help to complete puzzles in the timeline of history. Among the items on display at Castel Sant'Angelo are the priceless marble head of Roman Empress Fastina the Elder, a drawing by Vincent Van Gogh, and a letter by 19th century Italian poet Giacomo Leopardi.
[ROME] The European Commission has decided to look into the details of the 300 million euro ($477 million) loan that was approved by the exiting Italian government. This amid concerns and complaints from the competitor airlines about the legality or appropriateness of the terms.This clearly marks the first challenge in relations between the new Italian government under Prime Minister Silvio Berlusconi and the commission. The commission has requested a formal review of all documents pertaining to the loan in an effort to validate whether the transaction is indeed a pure commercial arrangement.
In his former tenure as Prime Minister, Silvio Berlusconi had several challenging clashes with the European Commission, therefore, this should come as no surprise to the PM and those involved in the transaction.
Padre Pio Display Extended
[San Giovanni Rotondo] Due to popular demand by pilgrims interested in visiting and seeing the body of Padre Pio, the remains of the stigmata-bearing saint will stay on display until September of 2009.The body of Padre Pio went on display Thursday, over 15,000 people were present for a prayer vigil and the unveiling. Another 800,000 have already booked plans to come and see the saint.
Stolen Art Work Returns to Rome
[ROME] Once a year there is an ultra-special art exhibit held in Rome. Although the contents of this display are rarely known in advance. The reason for this is simple, most of these works are involved in some sort of red-tape or negotiation, due to the fact that they were all stolen and recently recovered by the amazing team known as the Italian Art Police. I know, this sounds like the stuff movies are made of, but its true.This year on display are over 100 valuable works that include statues, paintings, manuscripts, and letters. Most of which have a direct historical importance; others of which help to complete puzzles in the timeline of history. Among the items on display at Castel Sant'Angelo are the priceless marble head of Roman Empress Fastina the Elder, a drawing by Vincent Van Gogh, and a letter by 19th century Italian poet Giacomo Leopardi.
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