Arts ‘need €30m survival fund’ as sector set to shrink by 35% and knock €250m off GDP - News Summed Up

Arts ‘need €30m survival fund’ as sector set to shrink by 35% and knock €250m off GDP


Survive Adapt Renew: A Response to the Covid-19 Crisis for the Arts in Ireland was published today (PDF) by an expert advisory group formed in May by the Arts Council. This is projected to cost between €250 million and €300 million of Ireland’s GDP. The sector may need until 2025 to recover “if nothing is done to mitigate the impacts of Covid-19”, according to EY. The advisory group’s report includes impact statements from arts organisations and artists across the country. This additional funding will help the Arts Council protect jobs and livelihoods for individual artists and also assist key art organisations facing financial difficulty.


Source: The Irish Times June 19, 2020 10:52 UTC



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