Germany unveils 2 5-billion-euro fund to reboot cultural events dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
Coronavirus: Germany launches €2.5 billion fund to boost cultural sector
The fund represents the country s biggest-ever support package for culture. The government said it hoped the measure would bring the diverse cultural landscape in Germany back to life.
The fund aims to encourage organizers to start planning events now that infection rates in Germany are dropping
The German government on Wednesday unveiled a €2.5 billion ($3 billion) fund to kick-start the country s pandemic-hit cultural sector.
The fund will provide insurance in cases where a spike in coronavirus infections forces events to be canceled or postponed. It will also supplement event ticket sales if audience numbers have to be capped to meet social distancing rules.