Germany boosts cultural funding
Federal Film Fund extended to at least 2012COLOGNE, Germany -- Crisis or no, Germany is not planning to cut back on its funding of the arts -- and that includes cinema.
The German cabinet on Wednesday approved a new €1.13 billion ($1.6 billion) annual federal budget for cultural programs, representing a boost of nearly 8% compared with 2005, the year German cultural minister Bernd Neumann took office.
Neumann has been a particular booster of the German film industry. Many credit him with getting political approval for the hugely successful -- and now much copied -- German Federal Film Fund, the DFFF. Financing for the €60 million ($84 million) DFFF has been extended to at least 2012.