The Budapest Festival Orchestra (BFZ) will receive 1.65 billion forints (EUR 4.7m) in annual support under an agreement between the Municipality of Budapest and the government.
The city’s mayor, Gergely Karácsony, and Péter Fekete, the state secretary for culture, held an online press briefing on Thursday to announce the funding deal.
Karácsony said that the agreement would make the world-renowned orchestra’s financing predictable in the long term.
Orsolya Erdődy, the orchestra’s managing director, unveiled a new season highlighting Beethoven, Mahler, Liszt, Stravinsky, Prokofiev, Schumann, Bruckner and Mozart.
Iván Fischer, the Festival Orchestra’s music director, said the ensemble planned concert tours in Asia, Europe and the United States starting in September.
featured photo: BFZ – Budapesti Fesztiválzenekar Facebook