EU Withdraws Funding for Venice Biennale After Russia Rejoins

The European Union announced it will no longer fund the Venice Biennale. The decision follows Russia’s decision to take part in the exhibition. EU officials had warned the Biennale organizers for months about funding consequences. Organizers were told participation by Russia would trigger a withdrawal of support. The Biennale is one of the world’s leading contemporary art festivals. Funding from the EU has been a key source of financial stability for the event. Russia’s return to the show puts the festival at odds with EU cultural policy. The loss of EU money may force the Biennale to seek alternative sponsors.