Amid soaring costs, Munich pulls back on new concert hallmain
Having given the go-ahead to a new concert hall in Munich, the state of Bavaria is now having second thoughts after seeing the costs shoot through the roof.
The Gärtnerplatztheater reopened two weeks ago after extensive renovation. The work, scheduled to take three years, lasted seven.
And the cost, signed off at 70.7 million Euros, has now turned out to be 121.6 million Euros.
The funding authorities are furious.