Oslo Opera in ‘difficult and serious’ economic crisis
mainThings have got so bad they are letting out the architectural landmark for society weddings.
Newspaper Finansavisen reported last week that the Opera & Ballet reported a deficit of NOK 67 million that may well be much higher, because actual pension costs for dancers who can retire at age 41 and singers who can retire at 52, are believed to be higher than estimated.
The results for 2015 were much worse than for 2014. Opera & Ballet’s chief executive Nils Karstad Lysø confirmed the Opera and Ballet is in a “difficult and serious” economic situation. Lysø blames it entirely on pension costs.
English report here.
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