France faces 50 million Euros in arts cuts
mainThe trim was announced today by Gérald Darmanin, President Macron’s budget minister.
Macron is looking for 4.5 billion Euros in public funding cuts in order to stay within EU budget limits.
The trim was announced today by Gérald Darmanin, President Macron’s budget minister.
Macron is looking for 4.5 billion Euros in public funding cuts in order to stay within EU budget limits.
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QE should sort that one out, just print more Euros man. What will they do when the UK’s substantial contribution is missing post Brexit?
This budget story reminds me of the following parable.
Early on morning of 7 July 1930, the distinguished author, Sir Arthur Conan Doyle, collapsed at his home in Sussex. His death at the relatively early age of 71 was much lamented, but he left a wonderful legacy of detective stories, and in one of them, Sherlock Holmes and Dr Watson go on a camping trip.
After a good talk and a bottle of fine claret they fall asleep. Some hours later Holmes wakes and nudges Watson. ‘Watson, look up at the sky and tell me what you see.’ ‘I see millions of stars,’ replied Watson. ‘What does that tell you?’ asked Holmes. Watson pondered for a moment. ‘Astronomically,’ he replied, ‘it tells me that there are millions of galaxies and billions of planets. Astrologically, I observe Saturn is in Leo. Horologically, I observe it is a quarter to three. Theologically, I am in awe of the creative power of God. Meteorologically, I suspect that tomorrow will be a lovely day. And what, may I ask you Holmes, does it tell you?’ ‘
Elementary, my dear Watson,’ Holmes replied. ‘It tells me that someone has stolen our tent!’
The UK contribution to EU alone back in 2015 was £12.9bn, that was with the rebate negotiated by handbag Maggie! So post Brexit, they will need more QE, get those Euros printed pdq.
You seem to forget the 7.468 bn € that came back to the UK in subventions for farmers, development of poor regions, research and education. Not to mention the huge opportunities of an open market for UK businesses.
I don’t see what the Brexit has to do with the budget for culture in France, but it will certainly mean lost opportunities for artists, including British artists.
Complete balls! Folk will still be able to give concerts and want to attend them Brexit or no. As for business tariffs have always existed the EU tab amounts to the same thing. One thing I have noticed is concert ticket prices have gone up across EU.
Go for broke mate, the rest of EU is.
Spend your way out of debt like everyone else.
50 million isn’t so much compared to 4,5 billion
Sure they can always print more Euros. The ECB has been doing it for years. Game ball.
you mean they can do it as Americans have been doing it for years ? it’s a point 😉
And boy do we regret it
Speaking of the arts, has Macron ever seen “Der Rosenkavalier”? Just wondering . . .
Macron heard Der Rosenkavalier, I very much doubt it. He is an amateur pianist, like Schumann, Liszt and karoke in that order.
http://www.npr.org/sections/therecord/2017/05/09/527577050/something-you-didnt-know-about-emmanuel-macron-hes-a-pianist
Of course he has, that’s how he got the idea of quickly marrying his girlfriend in the first place. He wanted to prevent the marshallin’s mistake from happening, when she rejected Octavian because she thought herself being too old for him.