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Italy Costa cruise ship survivors to get cash compensation

Passengers on the wrecked Costa Concordia cruise ship are expected to receive a compensation lump sum of 11,000 euros each. Sixteen are confirmed dead, and 16 others still missing from the roughly 4,200 people aboard the cruise liner when it crashed.

(CNN) Rome - Passengers on the wrecked Costa Concordia cruise ship are expected to receive a compensation lump sum of 11,000 euros ($14,400) each, the Italian Association of Tour Operators said in a statement Friday.

The decision was reached during a meeting between Costa Cruises and consumer groups, the association said. The massive liner struck rocks and rolled over onto its side in shallow waters off an island on Italy's Tuscan coast on January 13.

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