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Displaying items by tag: debt crisis

Greece’s debt crisis is not limited to its banks. In fact, its reach extends to the nation’s publicly-funded museums, according to a recent article in The Art Newspaper. After seven years of austerity policies and recent heightened economic uncertainty following the public’s rejection of bailout proposals, Greek art professionals are reporting that museums are running out of money to stay in operation.

“The first things to suffer under the government’s austerity plan have been culture, education, and health,” Denys Zacaropoulos, artistic director of the Macedonian Museum of Contemporary Art, told The Art Newspaper

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