Dezeen Magazine

MAXXI museum in financial meltdown

Dezeen Wire: Zaha Hadid's MAXXI National Museum of XXI Century Arts in Rome could be closed after Italian culture and heritage minister Lorenzo Ornaghi began proceedings to have it placed under special administration – The Guardian

The museum has been severely hit by a 43% cut in government funding, with accounts for 2011 showing losses of €800,000 and losses over the next three years predicted at up to €11m.

See our previous story about MAXXI winning the 2010 Stirling Prize here and all of our stories about Zaha Hadid here.