Magazine article Screen International

Greek Crisis Forces Thessaloniki to Abandon Cash Prizes

Magazine article Screen International

Greek Crisis Forces Thessaloniki to Abandon Cash Prizes

Article excerpt

The Thessaloniki Film Festival (Nov 2-11) has been forced to cancel this year's cash prizes for its Alexander Awards.

This comes as part of the ongoing Greek financial crisis as well as the uncertainties concerning the future of the country. The festival is not the only film body being hit hard -- the Greek Film Centre is practically at a standstill production wise.

The Golden Alexander for the best film had already been cut to [euro]20,000 from [euro]40,000 in 2010, while the silver was reduced from [euro]25,000 to [euro]10,000 and the bronze was steady at [euro]5,000.

Festival director Dimitris Eipides [pictured] was forced to take these actions not only because of the general financial crisis but also debts of more than [euro]6m inherited by past festival administrations when he took the post in 2010.

Eipides and his general coordinator Lena Ramou have managed in just two years to reduce the debt to [euro]1.5-[euro]2 million, bringing the operating costs to a minimum while maintaining the festival's international prestige. …

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