German government offers €50 Billion aid package to artists


The German federal government is stepping in with a sweeping aid package for the country’s creative and cultural sectors. The staggering €50 billion ($54 billion) in backing comes less than two weeks since Germany first made its promise of support. The three-part package includes up to €50 billion ($54 billion) in aid for individuals who are self-employed as well as for small businesses. It will come in the form grants designed to help with overhead costs like venue rentals and artist studios.



According to Artnet, the funding will also support media enterprises, including newspapers. "We know the hardships, we know the desperation," said culture minister Monika Grütters in a statement. "The cultural sector in particular is characterized by a high proportion of self-employed people who now have problems with their livelihoods." Grütters expressed the federal governments awareness and recognition of the importance of creative industries, reports Artnet.

Sean Joyner via Archinect - News https://bit.ly/2UCcC2O

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