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    <title>The Local Italy</title>
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    <description>Read the latest news and views from Italy in English</description>
    <language>en-us</language>
    <managingEditor>news@thelocal.com (TheLocal)</managingEditor>
    <webMaster>webmaster@thelocal.com (TheLocal)</webMaster>
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        <item>
        <title>
            Michael Kors bags Italy&#039;s Versace for €1.8 billion
        </title>
        <description>
            Fashion house Michael Kors announced on Tuesday it had agreed to buy Italian luxury giant Versace, signalling an intention to move deeper into the international big league after snapping up shoemaker to the stars Jimmy Choo last year.
        </description>
        <link>
            https://www.thelocal.it/20180925/michael-kors-bags-versace-for-21-bn
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        <pubDate>Tue, 25 Sep 2018 19:20:00 +0200</pubDate>
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        <title>
            This haunted Italian castle could be yours for €600k
        </title>
        <description>
            A medieval castle, &quot;complete with ghost and hidden treasure&quot;, is up for sale in Italy and will set you back half the price of a four-bedroom home London. 
        </description>
        <link>
            https://www.thelocal.it/20160804/this-haunted-italian-castle-could-be-yours-for-600k
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        <pubDate>Thu, 04 Aug 2016 13:41:52 +0200</pubDate>
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        <title>
            Johnny Depp to sell Venetian palace for €9.8m: reports
        </title>
        <description>
            Johnny Depp has put his luxurious 17th century property overlooking Venice&#039;s Grand Canal on the market, according to reports in the Italian media.
        </description>
        <link>
            https://www.thelocal.it/20160713/johnny-depp-to-sell-venetian-palace-for-98-million-reports
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        <pubDate>Wed, 13 Jul 2016 11:00:47 +0200</pubDate>
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        <title>
            Milan play down crisis as shareholders rage
        </title>
        <description>
            AC Milan chief executive Adriano Galliani has played down claims of an impending crisis following a shareholders meeting at which the struggling Serie A giants came under attack amid reports of nearly €90 million euros in losses for 2015.
        </description>
        <link>
            https://www.thelocal.it/20160429/milan-play-down-crisis-as-shareholders-rage
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        <pubDate>Fri, 29 Apr 2016 11:07:52 +0200</pubDate>
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        <title>
            Thai investor has month to close AC Milan deal
        </title>
        <description>
            Thai businessman Bee Taechaubol has been given an extra month to decide whether he wants to go ahead with the purchase of a 48 percent stake in Italian giants AC Milan, the agency Agi reported on Wednesday.
        </description>
        <link>
            https://www.thelocal.it/20151001/taechaubol-given-one-month-to-complete-milan-deal
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        <pubDate>Thu, 01 Oct 2015 10:30:28 +0200</pubDate>
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        <title>
            Broke Parma FC forced to flog off trophies
        </title>
        <description>
            How about a Uefa cup for your living room table? Or perhaps the Coppa Italia in your bathroom? Football fans now have the opportunity to get their hands on a slice of sporting history as debt-ridden Parma FC sells off all its assets - including trophies.
        </description>
        <link>
            https://www.thelocal.it/20150814/failed-fc-parma-auction-off-silverware
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        <pubDate>Fri, 14 Aug 2015 12:42:06 +0200</pubDate>
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        <title>
            Berlusconi may sell party villa to Saudi royals
        </title>
        <description>
            Italy&#039;s billionaire former leader Silvio Berlusconi may sell his lavish Mediterranean villa, made famous by lurid photos of cavorting guests, to the Saudi royal family, Italian news reports said on Monday.
        </description>
        <link>
            https://www.thelocal.it/20150811/berlusconi-may-sell-party-villa-to-saudi-royals
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        <pubDate>Tue, 11 Aug 2015 09:50:37 +0200</pubDate>
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        <title>
            Russians show most interest in Venice island
        </title>
        <description>
            The sale of an island in the Venetian lagoon is mostly attracting interest from Russian buyers, although whoever ends up buying the 16th century Ottagonali Alberoni will live next door to what is known as the most haunted place in Italy.
        </description>
        <link>
            https://www.thelocal.it/20150610/russians-show-most-interest-in-venetian-island
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        <pubDate>Wed, 10 Jun 2015 10:00:53 +0200</pubDate>
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        <title>
            Berlusconi cools AC Milan takeover talk
        </title>
        <description>
            AC Milan owner and president Silvio Berlusconi has admitted he has no &quot;desire&quot; or &quot;need&quot; to sell the fallen Serie A giants despite recent reports claiming the club would soon be in Asian hands.
        </description>
        <link>
            https://www.thelocal.it/20150518/berlusconi-cools-ac-milan-takeover-talk
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        <pubDate>Mon, 18 May 2015 10:27:07 +0200</pubDate>
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        <title>
            Berlusconi in AC Milan deal with Thai investor
        </title>
        <description>
            AC Milan owner Silvio Berlusconi has signed a preliminary agreement to sell 30 percent of the club to Bee Taechaubol following a meeting between the Italian media magnate and the Thai businessman, according to reports on Sunday.
        </description>
        <link>
            https://www.thelocal.it/20150309/berlusconi-in-ac-milan-deal-with-thai-magnate
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        <pubDate>Mon, 09 Mar 2015 08:55:28 +0100</pubDate>
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        <title>
            Italy raises €2.2bn in sale of Enel stake
        </title>
        <description>
            Italy raised €2.2 billion in a sale of 5.7 percent of electricity company Enel, the economy and finance ministry said on Thursday, as part of a €10 billion privatization effort.
        </description>
        <link>
            https://www.thelocal.it/20150226/italy-raises-22bn-in-sale-enel-stake
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        <pubDate>Thu, 26 Feb 2015 15:25:00 +0100</pubDate>
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        <title>
            Speculation mounts over AC Milan sale to Asia
        </title>
        <description>
            Speculation that AC Milan could become the second Italian club to fall into Asian hands swirled on Monday as the Serie A
giants reeled from another setback that left coach Filippo Inzaghi&#039;s job hanging in the balance.
        </description>
        <link>
            https://www.thelocal.it/20150216/speculation-over-ac-milan-sale-to-asia-mounts
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        <pubDate>Mon, 16 Feb 2015 16:47:00 +0100</pubDate>
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        <title>
            Pope&#039;s skull cap raises over €100,000 on eBay
        </title>
        <description>
            An Italian TV show managed to coax Pope Francis into handing over his white skull cap and has already raised over €100,000
in less than 24 hours by putting it on eBay.
        </description>
        <link>
            https://www.thelocal.it/20140919/popes-skull-cap-raises-over-100000-on-ebay
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        <pubDate>Fri, 19 Sep 2014 10:25:00 +0200</pubDate>
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        <title>
            Homes for sale for a euro in ancient Sicily village
        </title>
        <description>
            Do you have one euro to spare? In that case, you could become the owner of a historic house in a beautiful Sicilan village. But there&#039;s a catch...
        </description>
        <link>
            https://www.thelocal.it/20140805/1-property-sale-to-save-sicily-village
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        <pubDate>Tue, 05 Aug 2014 16:48:00 +0200</pubDate>
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        <title>
            Italy&#039;s Enel to sell assets in Romania and Slovakia
        </title>
        <description>
            Italian electric power giant Enel on Thursday said it was planning to sell assets in Romania and Slovakia in a deal that would raise more than €4.4 billion.
        </description>
        <link>
            https://www.thelocal.it/20140711/italys-enel-to-sell-assets-in-romania-and-slovakia
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        <pubDate>Fri, 11 Jul 2014 10:13:00 +0200</pubDate>
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        <title>
            Italy raises €371,400 from eBay luxury car sale
        </title>
        <description>
            Italy&#039;s government on Friday said it had raised €371,400 so far in an eBay auction of luxury official
cars in a symbolic effort to cut outrageous spending by ministries that has sparked public anger.
        </description>
        <link>
            https://www.thelocal.it/20140418/italy-raises-370000-from-ebay-luxury-car-sale
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        <pubDate>Fri, 18 Apr 2014 10:55:00 +0200</pubDate>
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        <title>
            Enel profits boosted by Russian sell-off
        </title>
        <description>
            Italian energy company Enel said on Tuesday its operating profit rose by 7.6 percent to €17 billion euros, although the gain was largely due to disposals.
        </description>
        <link>
            https://www.thelocal.it/20140205/enel-profits-boosted-by-russian-sell-off
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        <pubDate>Wed, 05 Feb 2014 08:33:00 +0100</pubDate>
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        <title>
            Villa that inspired Pinocchio for sale in Italy
        </title>
        <description>
            A villa near Florence that inspired the author of Pinocchio is on the market for €10.5m - a world away from the humble workshop where the marionette is born in the book.
        </description>
        <link>
            https://www.thelocal.it/20131112/villa-that-inspired-pinocchio-for-sale-in-italy
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        <pubDate>Tue, 12 Nov 2013 09:16:00 +0100</pubDate>
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            Italy&#039;s prized historical sites up for sale
        </title>
        <description>
            Fifty of Italy&#039;s prized historical assets are to be auctioned off as part of a plan to help repay the country&#039;s national debt. The Local takes a closer look at seven on the list, which includes fortresses, two Venetian islands and the castle which hosted Tom Cruise&#039;s Scientology wedding.
        </description>
        <link>
            https://www.thelocal.it/20131105/italys-prized-historical-sites-up-for-sale
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        <pubDate>Tue, 05 Nov 2013 15:50:00 +0100</pubDate>
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            Chinese and Russian buyers eye Verdi&#039;s palace
        </title>
        <description>
            An elegant palace where the legendary Italian composer Giuseppe Verdi once created his finest work may be sold to a foreigner, with buyers from China and Russia showing particular interest.
        </description>
        <link>
            https://www.thelocal.it/20131003/chinese-and-russian-buyers-eye-verdis-palace
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        <pubDate>Thu, 03 Oct 2013 17:00:00 +0200</pubDate>
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