Italy will give Libya US$5 billion as compensation for occupation
The government of Italy has agreed to pay Libya US$5 billion as compensation for its occupation of the country from 1911 to 1943. The agreement was reached between the Italian Prime Minister, Silvio Berlusconi, and Baghdadi Mahmudi, Berlusconi's Libyan counterpart. "It is a material and emotional recognition of the mistakes that our country has done to yours during the colonial era," said Berlusconi after arriving in Libya. "This agreement opens the path to further cooperation." "The accord will provide for $200 million a year over the next 2
Source: Wikinews