The Italian Senate has passed the country’s Stability Law, setting out the country’s budget for 2014.
Italy’s upper chamber passed the law on the 23rd December 2013, confirming funding to mark the Centenary of the First World War between 2014-18.
A total of €8 million has been committed to mark the conflict in 2014, with a further €5 million per year from 2015-2018 to implement “urgent measures for the safety, renovation and restoration” at “places of memory” across the country.
The Law of Stability has also earmarked a further €1.5 million for each of the next three years with the aim of “promoting knowledge about the Great War through events, conferences, exhibitions, publications and tours”.
Educational projects, including the recovery of primary material relating the conflict, are also set to be implemented.
The Law confirms Italy’s budget for 2014 and aims to tackle the country’s high levels of debt. The budget is set to keep the country within the European Union’s target of maintaining a public deficit which is 3% of GDP or less.
Source: Disegno di Legge di Stabilità
Posted by: Daniel Barry, Centenary News