Cannes: Why Greek Cinema Is Having a Moment

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Cannes: Why Greek Cinema Is Having a Moment
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With five films in the fest lineup, Greece is experiencing its strongest showing in years, and insiders say the current boom is the result of a years-long effort to support the local industry following the financial crisis of the late 2000’s.

) got films accepted at Cannes, Venice and Berlin and screened across the world — not an easy feat during the dismal early years of the financial crisis. The movement helped put Greek film back on the map. As Holevas points out, “it was the result of a policy of the Centre, which was implemented 10 years previous.”

The current Greek film boom isn’t a product of good fortune. Years of careful planning and intra-organizational cooperation led to this point. But if you look at the production numbers, you’d be forgiven for concluding that everything went quicksilver overnight at some point in 2017. That was the year the Greek government passed a stronger tax rebate law, which led to the formation of The National Centre of Audiovisual Media and Communication, known as EKOME.

The cash rebate, a 30 percent tax relief and special programs like the ability to invoice a percentage of above-the-line salaries “made Greece immune to the pandemic.” Since April 2018, EKOME has supported 221 projects, which created an estimated 51,400 jobs, and brought in an estimated 349 million euros in investment. Two of those projects were the Cronenberg and Ostlund films.Yorgos Tsourgiannis

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