$325 Million Restoration Plan Approved

The Italian government has committed to spend millions of euros on some of its most important heritage sites, including Venice and Siena. Emperor Nero’s golden palace, the walls of medieval Siena and the foundations of Venice will all receive sorely needed restoration funds, after Italy approved a plan to spend 300 million euros ($325 million) to protect its cultural heritage. The walls protecting Siena are among the monuments set to be restored over the next three years.

The investment plan was unveiled shortly after Prime Minister Matteo Renzi’s government passed a 2016 budget that increases spending on culture. Under the plan, $13.5 million will go towards restoring the golden palace Emperor Nero that had built in Rome as a monument to himself. More than $6.5 million will go to various projects aimed at helping to prop up the northern canal city of Venice. Given the expense of conducting the work, it sounds as though only one or two piers can be repaired before the money in Venice runs out.

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