Sicily is famous all over the world for many reasons. Films such as The Godfather and novels such as The Leopard have brought fame to the Italian island, as well as the worldwide criminal organization known as the Mafia. But its name does not crop up very often in the financial news.
That may change soon. Like local governments across Italy, Sicily is thinking of making its debut in the bond market. The region is facing a debt crisis and the losses in last year’s balance sheet totalled L1.7
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