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Greece/ 6. Financing of culture  

6.3 Trends and indicators for private cultural financing

Since the late 2000s, third sector foundations such as, notably, the Alexandros Onassis Foundation and the Stavros Niarchos Foundation, are making a significant impact on the financing of culture through, mainly, the establishment or co-sponsoring of major capital projects and, to a lesser extent, support for artistic creativity and participation. Most initiatives are in Athens, including the multipurpose Onassis Cultural Foundation Centre established in 2010, and the large Niarchos-sponsored cultural complex in the Phaleron area, including new buildings for the National Library and the State Opera House, currently under construction. 

Chapter published: 14-08-2015

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