Famed German art show on brink of bankruptcy after running up millions in debts - News Summed Up

Famed German art show on brink of bankruptcy after running up millions in debts


Visitors at Documenta in front of a showpiece called "The Parthenon of Books." International art exhibition documenta in Kassel is on the brink of insolvency just days before it comes to a close on Sunday. The exhibition’s managers have already begun putting together a report and auditors have started analyzing the books, according to Michaelis. “An increase in public funding will become necessary in the future," she said in a March interview with the German Press Agency (DPA). Documenta is one of the world's largest contemporary art shows and attracts visitors from all over the world.


Source: The Local September 13, 2017 13:18 UTC



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