Tag: Dario Franceschini

Italian Bank invests €5 bn in tourism

Web Desk The Colosseum in Rome, built C. 70 – 80 AD Intesa Sanpaolo, Italy’s largest bank by assets, invests €5 billion in tourism by striking a deal with the country’s cultural ministry. A lion share of the money will be used for restoration and redevelopment projects, making more buildings available for cultural use. The investment will take place over three years in a deal called ‘Pact for Tourism 4.0’. The money will also spend for the training of workers in the tourism sector, technological innovation, and modernization of accommodation. According to a study carried out by the Intesa Sanpaolo ... Read more