Breaking: Russia cannot afford to buy Rachmaninov’s housemain
Blaming international sanctions and domestic economic difficulties, the Russian culture minister Vladimir Medinsky has abandoned his attempt to purchase the composer’s Swiss lakeside home, named Senar, for the Russian nation.
The purchase had been ordered by President Putin on the advice of the pianist Denis Matsuev, at an estimated price of 17 million Swiss francs.
Vladimir Medinsky had also talked of repatriating Rachmaninov’s remains from America.
But after all the huff and puff, it appears that both plans are unrealistic, Medinsky said today.
The rouble has fallen, the cost of Lucerne property has risen, the ownership structure is ‘complex’ and sanctions are really starting to bite.
Rest in peace, Sergei Vasilievitch.