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Zürcher Kunsthaus Faces Financial Crisis Amid Calls for Increased Funding

The Zürcher Kunsthaus is grappling with a significant financial crisis, reporting a deficit of over 1.5 million francs last year, resulting in a total debt of 4.5 million francs. The museum, which already receives more than 13 million francs annually from the city, is now seeking additional subsidies to stabilize its finances. Miscalculations related to an expansion, completed in late 2021, have exacerbated the situation, leading to a greater need for staff than initially anticipated. The city’s response to the funding request is pending, while the museum considers alternatives such as raising ticket prices.

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