PARIS, June 17 — The Louvre museum is struggling to find funding to upgrade its ageing facilities, its new directo...PARIS, June 17 — The Louvre museum is struggling to find funding to upgrade its ageing facilities, its new directo...

The Louvre’s latest exhibit: A growing repair bill

2026/06/17 19:21
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

PARIS, June 17 — The Louvre museum is struggling to find funding to upgrade its ageing facilities, its new director said Wednesday, following a litany of problems that included a brazen US$100 million (RM406.54 million) jewellery heist.

“Despite its imposing majesty, despite the daily commitment of its staff, the Louvre is running out of steam,” Christophe Leribault told a Senate committee.

“Its equipment and infrastructure are reaching the end of their life cycle.”

Leribault, an art historian and museum director specialising in 18th-century art, took the helm in February, after his predecessor stepped down following an embarrassing daylight theft of imperial jewels in October that laid bare severe security failings.

Home to iconic pieces of art including Leonardo da Vinci’s Mona Lisa, the Louvre is the world’s most visited museum, receiving around nine million visitors a year.

It is housed in a vast palace in central Paris on the banks of the Seine River, built over centuries by various French monarchs who at times used it as their official residence.

“Building-related emergencies are piling up, and we’re facing a wall in terms of investments,” Leribault said.

The museum had struggled with repeated strikes causing loss of revenue, a ticket fraud scheme that may have cost the museum  €10 million (US$11.7 million; RM47.13 million), a water leak, and other maintenance issues. — AFP

Market Opportunity
Billions Logo
Billions Price(BILL)
$0.06714
$0.06714$0.06714
-1.75%
USD
Billions (BILL) Live Price Chart

World Cup Combo: Aim for 200x

World Cup Combo: Aim for 200xWorld Cup Combo: Aim for 200x

Combine up to 20 World Cup matches in one order

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

Score Your Share of 50K USDT

Score Your Share of 50K USDTScore Your Share of 50K USDT

Complete DEX+ tasks to unlock the Champion Wheel