In 1970, after the advent of the Libyan revolution, the more than twenty thousand Italians residing in Libya were expelled from the country and their property was confiscated. The value of the assets lost by the expelled Italians was calculated in 1970 by the Italian government to be 200 billion lire based on real estate property value. Including bank deposits and various entrepreneurial activities, this figure exceeded 400 billion lire (equal to about 3 billion euro or dollars in 2006). Since then, there has never been an ad hoc provision providing compensation for the 1970 confiscation. Those entitled have benefited only from the aid provided by the compensation laws in favour of all Italian citizens who have lost property abroad.