In Germany’s Latest Bailout for the Arts, the Government Is Spending $18.7 Million to Keep Commercial Galleries Afloat

28 Septiembre 2020, International

The German government has announced a €16 million ($18.7 million) package to help the art market dig itself out of its current slump. The cash injection is intended to help the sector recover after a prolonged lockdown halted art fairs and collector spending.