Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

Beatriz González, Painter Who Remade Others’ Masterpieces and Protested Politicians, Dies at 93

January 10, 2026

The Mauritshuis Museum in Holland to Lend Vermeer’s Girl with a Pearl Earring to Japanese Museum

January 10, 2026

How you could benefit from Trump’s plan for buying mortgage bonds

January 10, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Art Market
Art Market

‘Unrealistic’ €600m Louvre redevelopment plans must be scrapped, say striking workers – The Art Newspaper

News RoomBy News RoomJanuary 9, 2026
Share
Facebook Twitter LinkedIn Pinterest Email

Staff at the Musée du Louvre yesterday staged another walk out, citing concerns around working conditions and infrastructure, and demanding that controversial plans for a new entrance be scrapped. The action led the Paris museum to close on Monday morning before partially reopening at noon.

Some of the museum’s most well-known works, including the Mona Lisa, the Venus de Milo and the Winged Victory of Samothrace were then accessible, while all other galleries remained closed. Visitors entered the building via a separate entrance on the side of the Seine river, while staff held a meeting near the main entrance under the glass pyramid.

“Three hundred and fifty staff members, including curators, unanimously voted for the strike,” the three unions behind the action announced. A representative of the French Democratic Confederation of Labour (CFDT) added: “No one has ever seen that level of tension in a national museum.”

Striking workers and union representatives will meet again tomorrow morning (the museum is closed on Tuesdays) and will continue negotiations with France’s Ministry of Culture. According to the CFDT spokesperson, while there may be some progress made on job maintenance and wages, the main problem remains “the complete breach of trust between the staff and the director, Laurence des Cars”.

In a statement, unions demanded for the first time that des Cars drop her “unrealistic” €666m project to build a new entrance to the museum, alongside a subterranean complex around the Mona Lisa and an exhibition hall. Instead, they called for the director to “focus on the technical works” badly needed to preserve the collections.

However, in her 2026 budget, Des Cars has set aside €100m for preliminary studies for her grand plan, and only €15m for technical maintenance, including €1.8m for the safety of the museum’s works.

This latest strike follows a three-day walk out at the Louvre during the week before Christmas and the theft of the crown jewels in October. The objects have not been recovered despite the arrest of four men accused of carrying out the robbery.

Several official reports issued in the wake of the heist have since pointed out the “accelerated degradation” of the museum’s infrastructure due to “considerable delays” in maintenance work and priorities redirected to “visible and attractive operations”.

Later this week a new parliamentary investigation into the safety of museums will begin in the French parliament. It is expected to increase existing pressure on Des Cars to depart from her role as director.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Beatriz González, Painter Who Remade Others’ Masterpieces and Protested Politicians, Dies at 93

The Mauritshuis Museum in Holland to Lend Vermeer’s Girl with a Pearl Earring to Japanese Museum

South Africa Cancels Gabrielle Goliath Gaza Artwork Planned for Venice Biennale Pavilion

How UK museums are embracing citizens’ assemblies to help frame their futures – The Art Newspaper

‘Thoughtless and Malicious’: Trump Administration Withdraws from International Cultural Organizations, Saying They Are ‘Contrary to U.S. Interests’

Acquisitions round-up: a rare early Italian portrait of a Black man, a record-breaking Kiddush cup, and a limewood sculpture of the Madonna – The Art Newspaper

1,500-Year-Old Byzantine Monastery Discovered in Egypt                

Storm over closure of South Africa’s much-loved Irma Stern Museum – The Art Newspaper

Recovered Picassos at Center of Art Theft Trial in Nice

Recent Posts
  • Beatriz González, Painter Who Remade Others’ Masterpieces and Protested Politicians, Dies at 93
  • The Mauritshuis Museum in Holland to Lend Vermeer’s Girl with a Pearl Earring to Japanese Museum
  • How you could benefit from Trump’s plan for buying mortgage bonds
  • Tax the rich in ’26? These 3 crucial questions about wealth taxes could be answered this year.
  • The new food pyramid and brands like Starbucks and Chipotle want us to eat more protein. We’re already getting plenty.

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

The Mauritshuis Museum in Holland to Lend Vermeer’s Girl with a Pearl Earring to Japanese Museum

January 10, 2026

How you could benefit from Trump’s plan for buying mortgage bonds

January 10, 2026

Tax the rich in ’26? These 3 crucial questions about wealth taxes could be answered this year.

January 10, 2026

The new food pyramid and brands like Starbucks and Chipotle want us to eat more protein. We’re already getting plenty.

January 10, 2026

The real AI bubble may be in the private market

January 10, 2026
Facebook X (Twitter) Instagram
© 2026 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.