Authorities in France seize Picasso painting banned from leaving Spain

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The painting 'Head of a Young Woman', worth €25m and owned by a banker, was seized from a boat docked at Corsica.

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A Picasso worth €25m (£17.5m/US$27.4 million) and considered a cultural treasure by Spanish authorities who had barred it from being exported has been seized from a boat docked at Corsica, according to French authorities, reports The Guardian.