Italy: The next multibillion-dollar art market?

Apr 24, 2014 623

As Italy's new government promises much-needed business and legal reforms to invigorate the country's economy, experts have flagged one area in dire need of change: Italy's art and antiquities export market.

While the country holds a treasure trove of art dating back to the Renaissance and earlier, tough regulations governing the movement of "national treasures" have stifled its market, which is dwarfed by the art-world hubs of New York and London.

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Source: http://www.cnbc.com

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