Unicredit to Fund Verona's Arena Restoration

December 17, 2014 12:50 PM

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Italian bank Unicredit and its charitable foundation have signed a deal to restore Verona's Roman amphitheater, the Arena, for 14 million euros ($17.5 million).

The project will secure the open-air Arena, the world's third-largest Roman amphitheater, against infiltration from rain which has damaged the seating areas, stairs and modern infrastructure like the electrical system.

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