Nov. 9 (Bloomberg) -- Italy’s latest austerity legislation calls for selling a total of 15 billion euros in real estate through 2014, Senator Massimo Garavaglia said.
Under the legislation, the government will sell 5 billion euros of real estate a year for the three years starting in 2012, Garavaglia said in an interview in Rome today.
Garavaglia is a member of the Northern League, which is part of the ruling coalition.
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