Small Town In Italy Prints Ducati Banknotes

Ducati Banknotes

An Italian town has printed and released its own Ducati banknotes, which are distributed to the most vulnerable.
Dozens of banknotes make them want to shop at local stores.
The small town in question is called Castellino del Biferno, and he printed his own Ducati notes in the midst of a pandemic of the Corona virus, which particularly hit the Apennines.
All of Italy is quarantined, with a number of restrictions to prevent further spread of the infection.

Ducati Banknotes

All this had an economic impact on this place of only 550 inhabitants, located in the south of Italy. The mayor, Enrico Fratangelo, explained this decision by saving the local economy, with only 4 stores still open.
The government of Rome initially approved €5,500 to the city to distribute food vouchers to residents. The local government added its own funds and introduced the Ducati banknotes, which were distributed to the families who needed it most as a solution.
Residents can spend the money at local stores, which will send the bills every two weeks to the city council and receive compensation in real money. According to the mayor, banknotes will also raise the level of local patriotism among citizens.
Ducati is pegged to its official currency in Italy, which means 1 Ducati = 1 euro.

Ducati Banknotes

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Written by Slamchica

Aleksandra Arsenovic graduated with a degree in economics and has a master degree in tourism. Since she worked as a travel agent, she has traveled around the world and developed an interest in luxurious hotels and exotic destinations. As a big fashion fan, Aleksandra loves expensive and luxury fashion items. As an editor of Extravaganzi she shares her knowledge about travels, fashion and accessories.


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