Finnish State Funding For Helsinki Guggenheim Gets Nixed
- September 11, 2016 16:21
Finnish politics have sunk plans for 40 million euros in government funding to go towards a new Guggenheim branch.
Reuters: A plan to build a Guggenheim museum on the Helsinki waterfront - joining the likes of those that grace New York, Bilbao and Venice - appears close to collapse because of a political row.
It's all about money and austerity. The co-ruling nationalist Finns party has blocked state aid for its construction.
Presented in 2012 by the Solomon R. Guggenheim Foundation, the 120-140 million euro ($134-$156 million) plan has faced resistance from many Finns who consider it a waste of taxpayer money...
_-Closing-the-Distance_100x100_c.jpg "Lot 204: Bob Kuhn (1920–2007),Closing the Distance, 1977, acrylic on masonite, 24 x 48 in, Sold: $409,500")
