Italy Tries to Sell Old Military Barracks to Raise Cash

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Nov. 30 (Bloomberg) -- Bloomberg's Nejra Cehic reports on the sale of Italian military barracks as the government seeks to raise cash. The government has been forced to cut funding to municipalities and proposed allowing local governments to keep as much as 3.6 billion euros ($4.7 billion) in proceeds projected from the sale of 12,000 properties starting across the country next year. (Source: Bloomberg)


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