Italy's new government is cleaning out its garage. Prime Minister Matteo Renzi is putting 150 flashy government-owned vehicles for sale on eBay in an attempt to cut costs as the country aims to reduce a 2 trillion euro debt. Bidding ends April 15 for dozens of Alfa Romeos, BMWs, Lancias, and even a Maserati.
Although selling the cars won't do much to dent Italy's massive debt, the move is a symbol of Renzi's promise to cut back on ostentatious spending during a time of economic hardship. Currently, most of the bids are for a grey Alfa Romeo 166 that's going for 8,600 euros.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Oysters from New York's past could shore up its futureUnder the Radar Project aims to seed a billion oysters in the city's waterways to improve water quality, fight coastal erosion and protect against storm surges
-
Today's political cartoons - November 24, 2024Cartoons Sunday's cartoons - taped bananas, flying monkeys, and more
-
The Spanish cop, 20 million euros and 13 tonnes of cocaineIn the Spotlight Óscar Sánchez Gil, Chief Inspector of Spain's Economic and Tax Crimes Unit, has been arrested for drug trafficking
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstancesSpeed Read
-
Western mountain climbers allegedly left Pakistani porter to die on K2Speed Read
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governorSpeed Read
-
Los Angeles city workers stage 1-day walkout over labor conditionsSpeed Read
-
Mega Millions jackpot climbs to an estimated $1.55 billionSpeed Read
-
Bangladesh dealing with worst dengue fever outbreak on recordSpeed Read
-
Glacial outburst flooding in Juneau destroys homesSpeed Read
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creatureSpeed Read
