Italy has purchased a rare painting attributed to the Baroque master Caravaggio for $35 million, marking one of the country’s largest state expenditures on a single artwork, the Associated Press reported.
The portrait, titled «Portrait of Monsignor Maffeo Barberini,» was painted around 1598 and depicts Pope Urban VIII as a young cleric. The Italian Culture Ministry said the work was acquired from a private collection after more than a year of negotiations and will be added to Palazzo Barberini‘s permanent collection.
According to Culture Minister Alessandro Giuli, the painting has major historical importance and the purchase reflects...