The city of Venice has confirmed it will host the wedding of multi-billionaire Jeff Bezos and fiancée Lauren Sanchez, denying reports the famous Italian city would be invaded by hundreds of celebrities and possible disruptions for citizens and tourists.

Venice will extend its day-tripper tax through next year, increasing the number of days and doubling the fee to 10 euros for last-minute visitors.

Day-trippers to Venice who fail to pay 5 euros ($5.43) to enter the lagoon city’s historic center during a time-limited pilot program launching later this month will face steep fines.

Venice authorities have rolled out a pilot program to charge day-trippers 5 euros ($5.45) apiece to enter the fragile lagoon city on peak weekends next year.

Italy has launched an investigation after a fully electric-powered bus with foreign tourists veered off a busy overpass on the Venetian mainland during rush hour.

A Banksy artwork of a young refugee in a life jacket is partially submerged in Venice's worst floods in 50 years. (CNN) - A Banksy artwork of a young refugee in a life jacket is partially submerged in Venice's worst floods in 50 years -- as the city faces rising water levels on Friday and growing concerns over the extent of cultural damage. The spokesman added that the ministry has included St. Mark's Square, St Mark's Basilica and other historical buildings as areas of special concern. This comes as St Mark's Square was closed on Friday morning in the interest of public safety. Luigi Brugnaro, the Mayor of Venice who tweeted earlier this week that "Venice is on its knees", took to Twitter to share the news.

The popular tourist destination has been hit by the worst flooding in 50 years this week, resulting in damage worth hundreds of millions of euros. The flooding came at the worst possible time for Venice. FloodingThe lagoon city was struck by an exceptionally high tide on Tuesday night, causing the worst flooding since 1966. The Italian government is building a complex flood defense system to protect Venice from flooding. Sinking cityThe flooding risk is made worse by the fact that Venice itself is sinking.