Showing 1 result for the tag: National Association of Italian Archaeologists.

April 16, 2012

Italy’s monuments affected by the same austerity problems as Greece’s

Posted at 12:51 pm in Similar cases

Attention on the Eurozone crisis has focused on Greece, but other countries such as Italy have also had to make massive cuts to government budgets, bringing similar problems to their archaeological sites.

From:
Daily Star (Lebanon)

Austerity strikes at Italy’s crumbling treasures
April 13, 2012 12:03 AM
By Gildas Le Roux
Agence France Presse

ROME: 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.
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