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Italy Acquires Caravaggio Portrait for €30 Million, Marking One of Its Largest Art Transactions
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Italy Acquires Caravaggio Portrait for €30 Million, Marking One of Its Largest Art Transactions

In a historic move, Italy has announced the purchase of the Caravaggio painting "Portrait of Monsignor Maffeo Barberini" for €30 million (approximately $35 million). This acquisition is one of the largest payments ever made by the Italian state for a single artwork, reflecting the nation's commitment to preserving its cultural heritage.

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