austerity strikes at italy’s crumbling treasures
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Austerity strikes at Italy’s crumbling treasures

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Austerity strikes at Italy’s crumbling treasures

Rome - Arabstoday
After slashing arts budgets and with its most famous monuments badly in need of repair, Italy’s government is increasingly looking to private investors to help it preserve a priceless cultural heritage. The biggest initiative so far, however, is faltering after billionaire Diego Della Valle said he might pull his 25 million euros ($33 million) to restore the Coliseum following union protests and investigations into the project. Fragments of the 2,000-year-old Roman amphitheater – now at the center of a busy road junction and blackened with pollution – have begun falling down and the restoration project’s start date is looking increasingly unlikely. Meanwhile, at the archaeological site of Pompeii near Naples, which has also been hit by a series of alarming collapses in recent months, the long-mooted prospect of bringing in private investors is still a distant prospect. The government has promised to unblock 105 million euros in funding from the EU for a four-year maintenance plan and to increase the number of archaeologists at the site from just one person employed there currently. “Italy’s entire heritage needs attention,” the National Association of Italian Archaeologists said in a recent appeal for greater resources. Italy is not alone in its struggle to preserve its ruins. In a move that left many Greeks and scholars aghast, Greece’s Culture Ministry said it would open up some of the debt-stricken country’s most-cherished archaeological sites, including the Acropolis, to advertising firms, movie companies and other ventures. The money generated would be spent on upkeep and monitoring of the sites. Greek archaeologists are also finding it hard to get funding for licensed digs while antiquity smuggling is on the rise. Italy is the fourth biggest tourism destination in the world after France, the U.S. and Spain, and is rightly proud of its cultural heritage – enriched by centuries of history from the Roman era to the Renaissance to the Baroque. Its low growth and debt mountain of 1.9 trillion euros has spooked international investors and forced the government to implement three austerity budgets in under a year in a bid to rein in public finances. Italy currently allocates just 0.21 percent of its GDP to culture and the 1.8 billion euros are often only good for patching up its many monuments, leaving little space for funding the living arts. The internationally renowned La Scala opera house and Piccolo Teatro in Milan were forced to accept a cut of 17 million euros last year. A special fund that subsidizes Italian theaters had a budget of 231 million euros in 2011 – 50 percent less than the previous year. Cinema has also been badly affected, with an association of cinema and television workers this month saying the situation was “grave.” Italian documentary maker Gustav Hofer said he had been forced to go abroad to look for financing. “There are just crumbs in Italy,” he said. Camillo Esposito, the head of a small production company, agreed: “It’s hard to find financing and distribute a film that isn’t commercial.” Author Umberto Eco, a leading voice in the arts, recently wrote a scathing open letter to the government. “Something isn’t working,” he wrote. “We haven’t learned how to make money from our national culture.”

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

austerity strikes at italy’s crumbling treasures austerity strikes at italy’s crumbling treasures

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

austerity strikes at italy’s crumbling treasures austerity strikes at italy’s crumbling treasures

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 13:19 2018 Thursday ,11 January

Germans outraged as historic church makes way

GMT 16:41 2012 Saturday ,26 May

Apple Stores rumored carrying Nest thermostats

GMT 16:51 2014 Sunday ,11 May

At least 36 immigrants die in Libya shipwreck

GMT 00:44 2017 Friday ,02 June

App to track Ramadan community fridges in UAE

GMT 07:34 2018 Sunday ,07 January

Over 2,000 Afghans sent by Iran killed in Syria

GMT 10:05 2017 Saturday ,26 August

US says UN Lebanon commander 'blind'

GMT 08:38 2011 Thursday ,14 July

Yoga can help find answers to diabetes

GMT 11:08 2016 Friday ,25 March

Sketch of a typical backer

GMT 20:15 2012 Tuesday ,10 July

Judith Ivey to co-star in \'The Heiress\'

GMT 22:16 2011 Thursday ,11 August

Renshaw signs for Rabobank
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice