The Swiss foreign ministry is taking over the management of the Palazzo Trevisan in Venice, which until now had been overseen mainly by the Swiss Arts Council, Pro Helvetia. +Get the most important news from Switzerland in your inbox Swiss Foreign Minister Ignazio Cassis and Interior Minister Elisabeth Baume-Schneider signed a document to this effect on Friday. Pro Helvetia could no longer afford to pay for the Swiss property, which it bought in the 1960s. “Palazzo Trevisan has an ambitious future,” declared Cassis in Venice after the signing of a memorandum of understanding. The foreign ministry will become the main tenant of the Palazzo Trevisan. Until now, the Pro Helvetia had been responsible for the building, which is shared with the Swiss consulate. But the Swiss Arts Council needs to make savings. The cost of renting and maintaining the premises amounts to CHF220,000 ($265,000) a year, foreign ministry spokesperson Nicolas Bideau told the Keystone-ATS news agency. The ...