In the meantime they are hoping the effect of his judgment will be mitigated by the fact that they can continue to process the 300 applications for subsidy they received before Mr Monti's axe fell, as well as pursuing regeneration through the Regional Development Agencies.

ECONOMIST: Europe and the regions

This statement is an acknowledgment of fact and certainly not a value judgment.

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It was, too, a melancholy fact that she had become more imperious during her years of triumph and that power had corrupted her judgment.

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