donderdag 24 juli 2014

Family Finds 41 Million Lire in Basement, But It's Worth Nothing

See on Scoop.it - Good Things From Italy - Le Cose Buone d’Italia



As if the Euro currency didn’t already have enough opponents, here’s a story that will give those Euro detractors another reason to hate it.An Italian family, the Sacchi, recently bought an old farmhouse in the countryside around Bologna. When they started renovating the building, they noticed a cavity in the basement: there, they found a case containing 41 million lire (approximately 20,000 euro).Too bad that money is worth absolutely nothing. A law implemented by the government headed by Mario Monti anticipated the deadline by which it would be necessary to exchange all remaining old lire into euro: after December 6, 2011, the lire would simply become waste paper. (Italy has the strictest deadline in Europe; some European countries, including Germany, have set no deadline for the currency exchange.)

See on italymagazine.com




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