Prague’s National Gallery, one of the country’s most respected cultural
institutions which includes a number of venues including Veletržní
palace, has, along with other state-funded organisations, been told by the
austerity government to save 15 percent of its budget next year. The cuts,
following the earlier financial crisis, are expected to hit the gallery
hard. While some steps have already been taken – a reduction in the
number of exhibitions, a cutting back on acquisitions, a lowering of the
number of staff – it is not likely to be enough.