Estonian gov confirms €42m aid package, €6m risk fund
The risk fund will allow organisers of large-scale events to plan, without the financial risk posed by a potential Covid-19 outbreak
News By IQ | 18 March 2021
The Estonian government has announced a €42 million aid package for the cultural sector, which includes a €6m ‘risk fund’ for large-scale events.
The government’s decision comes after 355 organisations from across the sector submitted a joint proposal to the government, emphasising the impact culture has on the economy and the population’s mental health, and underscoring its need for financial support.
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The supplementary budget includes €21m to help cultural events organisers (such as promoters) cover the costs of labour hired…