Athens World Fine Art Fair cancelled

Greece's continuing economic crisis claims another victim

The inaugural Athens World Fine Art Fair was slated to take place at the Zappeion Palace in May 2011

NEW YORK. As Greece continues to suffer from the economic crisis, the inaugural Athens World Fine Art Fair, slated for 20-23 May at the Zappeion Palace has been cancelled. In June, fair organisers, the Geneva-based Art Culture Studio, had already postponed the Old Masters, jewelry and contemporary art event from November 2010 to May.

“The situation in Greece is not improving and as time passes all the consequences of an economic crisis such as strikes and fuel shortages are starting to be felt,” said Sixtine Crutchfield, the general manager of Art Culture Studio.

“I see that fair cancellation as not so much related to the crisis but rather the fair was not appropriate for the local scene,” said Iasson Tsakonas, an Athens developer who features artists in his properties. “Today, international collectors are still buying although younger ones are cautious,” he said, adding: “We will recover from this situation.”

While Art Culture Studio has weathered a number of other cancellations including the Moscow World Fine Art Fair and the Salzburg World Fine Art Fair, the fair organiser company just picked up managing Artbygenève, the Swiss city’s sole international contemporary art fair set for 29 April–3 May.

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