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article policy schedule May 15, 2026 visibility 9

What the renovation of the Pergamon Museum costs

Was die Sanierung des Pergamonmuseums kostet

The Pergamon Museum in Berlin is undergoing a major renovation with a total budget of €1.5 billion for both construction phases, including cost risks. The Federal Office for Building and Regional Planning (BBR) has announced that current projections indicate the overall costs will not be exceeded. Phase A, which includes the hall housing the famous Pergamon Altar, is expected to open on June 4, 2027, with a potential cost increase of up to 5% over the originally approved €489 million. Phase B, covering the Ishtar Gate and Babylonian Processional Way, has seen its cost forecast reduced by €27 million to €722.4 million, with an additional €295.6 million set aside for risks and price increases. The museum will fully reopen only in 2037.

newspaper Monopol open_in_new Read original

article policy schedule May 15, 2026 visibility 5

Why Italy's cultural wealth never really enters public accounts and budgets?

Perché la ricchezza culturale italiana non entra mai davvero nei conti e nei bilanci pubblici?

Italy has exceeded the European Commission's structural adjustment path by 0.1 percentage points of GDP, reopening fiscal scrutiny. Amid this debate, the article highlights a deeper issue: Italy's immense cultural heritage is drastically undervalued in public accounts. For example, the Pompeii Archaeological Park is recorded at just €48.9 million, the Colosseum at under €15 million, and the Uffizi at about €2 billion—figures based on outdated 2002 ministerial criteria that bear no relation to actual economic or cultural worth. The State General Accounting Office, with the University of Roma Tre and EU technical assistance, has proposed a new methodology to value cultural assets by discounting their future net financial flows, including direct revenues and indirect tourism-related returns.

newspaper Artribune open_in_new Read original

article policy schedule May 15, 2026 visibility 7

EU sanctions Mikhail Piotrovsky, director of the Hermitage

L’UE sanctionne Mikhaïl Piotrovski, directeur de l’Ermitage

The European Union has added Mikhail Piotrovsky, the 81-year-old director of the State Hermitage Museum in St. Petersburg, to its sanctions list as part of the 20th package of measures against Russia. Brussels accuses him of publicly supporting the war in Ukraine and of conducting archaeological excavations by the museum in occupied Crimea. His assets in the EU are frozen and he is banned from entering European territory.

newspaper Le Journal des Arts open_in_new Read original