A building designed by Italian architect Renzo Piano has been given the go-ahead and will be constructed on the current site of the towers that once housed the ministry of finance in EUR.

The plan for the building has been approved by commissioner Morcone who acts on behalf of the special commission governing Rome until a new mayor and city government is elected.

The construction, including demolishing the towers, will be financed by a group of companies led by Alfiere, Fintecna, and Toti.

Piano has designed his