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The underground rapid transit lines have been under construction for almost two decades due to various project delays
The cross pinnacle on the Tower of Jesus Christ will be ready to receive visitors in 2026 on the centennial of Gaudi’s death
Now you can get your wine in Talence by paying directly in Bitcoin
That’s because the state has to spend money on updating the railway infrastructure rather than subsidizing the cost of the popular pass
Steffen Romstöck said that he would respect the residents’ choice and would take over the helm of the municipality, even if he didn’t run
The measure, which will come into force from 1 January 2025, will be partial and temporary…for now
Rethinking renewable energy sources for the urban landscape
But operating them is still illegal under the country’s legislation
The examples, compiled by Beyond Fossil Fuels, can inform and inspire communities and entrepreneurs that still feel trepidation at the prospect of energy transition
Now you can get your wine in Talence by paying directly in Bitcoin
Rethinking renewable energy sources for the urban landscape
The examples, compiled by Beyond Fossil Fuels, can inform and inspire communities and entrepreneurs that still feel trepidation at the prospect of energy transition
The underground rapid transit lines have been under construction for almost two decades due to various project delays
Plus, it has a unique modular design that allows it to be shortened and lengthened like a train
At least, that’s the promise made by the mayor of Paris, Anne Hidalgo
Despite its church-y name, the district has long been known as the hangout spot for the artsy crowds
At least, that’s the promise made by the mayor of Paris, Anne Hidalgo
Hostal de Pinós is located in the geographical centre of the autonomous region
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Accountants from a financial consulting company decided to pull out their calculators and find out
We often say that historical heritage is priceless since it is our irreplaceable gift from the past. It turns out that it may have a price though. The Italian branch of financial consulting powerhouse Deloitte LLP decided to demonstrate just that by calculating what Rome’s Colosseum would fetch if it were put on the market tomorrow. And the answer is – approximately 77 billion euros.
How did they come up with that number? The price factors in the €1.4 billion that the site, among the most popular tourist destinations in the world, contributes to Italy’s gross domestic product yearly, but also the intangible value Italians and others in the world place on it.
The Colosseum, which is officially known as the Flavian Amphitheatre, is Italy’s most visited tourist site, drawing some 7 million tourists in 2019, as per the report. Also, to most Italians, it represents the country’s most important attraction.
“The value of an iconic, historical and cultural site such as the Colosseum, to which different dimensions of value can be attributed is objectively complex to determine,” said Marco Vulpiani, head of the valuation, modelling, and economic advisory arm of Deloitte Central Mediterranean, in a statement.
He explained that it “can be analyzed through a quantification of the different configurations of value, ranging from the economic contribution, the indirect use value, and the social asset value, where the latter mainly represents its existence value for the society.”
The indirect use value mentioned by Vulpiani refers to the worth of the pleasure generated by seeing or otherwise being close to the Colosseum, an idea evidenced by the steep price of real estate near the site. Deloitte estimates that figure to be around €400 million.
The remaining 75 billion euros of the price tag ascribed to the Colosseum comes from the site’s social asset value, or the worth placed on the location’s mere existence by society at large. For data on this point, the company administered an online survey.
The survey asked Italian citizens how much they would be willing to pay for the preservation of the Colosseum even if they would not directly benefit from it. Residents of Rome said they would pledge 90 euros per person, while other Italians were willing to dish out 57 euros each.
The underground rapid transit lines have been under construction for almost two decades due to various project delays
Now you can get your wine in Talence by paying directly in Bitcoin
That’s because the state has to spend money on updating the railway infrastructure rather than subsidizing the cost of the popular pass
Rethinking renewable energy sources for the urban landscape
The examples, compiled by Beyond Fossil Fuels, can inform and inspire communities and entrepreneurs that still feel trepidation at the prospect of energy transition
Now you can get your wine in Talence by paying directly in Bitcoin
The 10th European Conference on Sustainable Cities and Towns (ESCT) sets the stage for stronger cooperation between the EU, national and local level to fast track Europe's transition to climate neutrality.
At least, that’s the promise made by the mayor of Paris, Anne Hidalgo
The underground rapid transit lines have been under construction for almost two decades due to various project delays
At least, that’s the promise made by the mayor of Paris, Anne Hidalgo
Hostal de Pinós is located in the geographical centre of the autonomous region
Despite its church-y name, the district has long been known as the hangout spot for the artsy crowds
Urban dwellers across the EU are having a say in making their surroundings friendlier to people and the environment.
Forests in the EU can help green the European construction industry and bolster a continent-wide push for architectural improvements.
Apply by 10 November and do your part for the transformation of European public spaces
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