German art market
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While a long-awaited cut to value-added tax this January has been welcomed, Germany’s contracting economy has “scared” a number of gallerists, says director of world’s longest-running art fair
The reduction, which comes into effect next year, meets long-standing demands from German dealers
Trade was slow at these three very diverse events
This is the richest area of Germany, and it has a buoyant cultural life; but the expense of it is beginning to drive the artists out
The Anglophile, the Entertainer, the Benefactor and the America lover
The art fair is 63% non-German this year
Trade at home is still strong, but Germany is looking for business beyond its borders
Despite support from public institutions and a glittering collectors programme Art Forum needs a loyal and affluent clientele