Italy's state-backed film fund is cut by 50%

By 2002-02-25T18:59:00

The Italian film industry has lost almost 50% of its state funding for local production, following an announcement by cultural minister Giuliano Urbani. The cut, from Euros 97.5m in 2001 to this year's budget of Euros 55.5m, is part of a widespread reduction in government funding for entertainment.

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