The Costa Concordia, now almost wholly submerged and lying on her side off the island of Giglio, is to be removed by a firm from Ravenna. Tuscany is outraged.
Not only has the removal contract gone to Emilia-Romagna but the port where repairs will be made after the gash in her side has been closed, the water removed and the ship made towable in situ, will not be Livorno but Civitavecchia. There she will be refloated and will then be taken to Sicily where Fincantieri will sort her out - probably by dismantling her - in the Palermo shipyards.
Chances are the numbers of holidaymakers in Giglio will rise. There's so much advice to be offered to the salvage workers from the serried ranks of watchers on the quay, so much to discuss about how not to hit a large island with a large boat on a moonlit night with calm seas - Elba must be wondering what attractions it can offer to compete.
The Fed and Shadow Banking
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