Austerity measures in Europe are wreaking their toll on cultural institutions. Cutting back on funding cultural icons will see us all being losers - not only the citizens of the particular country seeing cutbacks.
"European governments are cutting their support for culture, and American arts lovers are starting to feel the results.
Europe’s economic problems, and the austerity programs meant to address them, are forcing arts institutions there to curtail programs, tours and grants. As a result, some ensembles are scaling down their productions and trying to raise money from private donors, some in the United States, potentially putting them in competition with American arts organizations."
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