The recession continues to threaten cultural heritage in Greece and Italy. Greece suffers not only from looting of cultural artifacts but also from lack of public funds for archaeological digs, and Italy struggles to apply private funding for the preservation of historic structures such as the Colosseum. Apparently protests over the nature of a 25 million Euros ($33 million) in private funding might delay the start date for restoration of the Roman amphitheater. Meanwhile, Turkey's initiative to retrieve cultural patrimony draws criticism for mixing claims for illicitly removed objects with claims for legitimately excavated objects, such as by German archaeological expeditions in the latter half of the 1800s and the first half of the 1900s. In more positive news, Bangladesh had its first art fair and Sotheby's and Christies auctions in Hong Kong thrived.
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