FINANCIAL PROBLEMS FOR NEW ACROPOLIS MUSEUM CONTRACTOR

New Acropolis Museum
The Culture Ministry is reportedly concerned about the financial problems of construction firm ALTE, the contractor for the new Acropolis Museum. The project is currently continuing at a relatively brisk pace, but the ministry recently discussed ways of avoiding a possible deadlock for the project whose budget approaches 50 million euros. Proposals included the participation of other construction companies, although the 19 percent discount offered by ALTE for the project is considered a disincentive.

Source: ekathimerini