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Meloni takes control of Italian museums

Meloni reprend en main les musées italiens

Italy’s culture ministry under Prime Minister Giorgia Meloni has appointed 14 new directors for so-called “second-tier” museums, reinforcing a shift away from the international “super-director” model introduced by the 2014 Franceschini reform. All appointees are Italian except for French director Axel Hémery, who was reappointed at the Pinacoteca di Siena due to his strong performance. The move follows the earlier ousting of foreign directors at top-tier museums, with only two foreign-born directors—Eike Schmidt and Gabriel Zuchtriegel—remaining, both of whom hold Italian citizenship.

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recorded at just €48.9 million, the Colosseum at under €15 million, and the Uffizi at about €2 billion—figures based on outdated 2002 ministerial criteria that bear no relation to actual economic or cultural worth.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.

Reasoning beyond accounting: here is the first step for a valuation of cultural heritage

Ragionare oltre la contabilità: ecco il primo step per una valutazione del patrimonio culturale

Angelo Argento recently published an article examining the valuation of cultural heritage in light of ongoing public accounting reforms in Italy. The piece moves beyond iconic landmarks like the Colosseum or Uffizi to focus on smaller, territorial assets such as archives, civic museums, and lesser-known archaeological sites, questioning how and whether a specific economic value can be assigned to them. It explores different international approaches—from market-based valuations in Australia and France to symbolic €1 entries in the U.S.—highlighting the global trend toward quantifying cultural heritage.