Subscribe to our channel! rupt.ly/subscribe Italian Prime Minister Giuseppe Conte vowed the immediate release of financial aid to flood-ravaged Venice while visiting the city on Thursday, as his cabinet declared a state of emergency for the region.
Conte said both retailers and private citizens will be compensated, after the approval of a special decree which included €20 ($22) million in funding to repair the damages in the historic lagoon city.
The Italian leader also announced the creation of a special body to discuss the controversial flood barrier system known as MOSE, a project meant to protect the city from the annual high tide which has been dogged by corruption scandals.
On Tuesday, more than 80 percent of the city was submerged into water after the high tide reached 1.87 metres (6 foot).
Video ID: 20191114-082
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