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Saturday, 23 January 2016

The Italian naval budget for 1926-1927 according to the Dutch magazine Marineblad dated 1926 no. 3

An item referred to the magazine Marine Rundschau dated April 1926 reporting that the Italian budget for 1926-1927 was now 1.040.340.130 lire, an increase with 60.340.000 lire compared with the budget a year earlier. The expenses for the navy were increased including 10.500.000 lire for new building.