Germany is home to 9804 galleries and art dealers. Only the US has more. But accounting for just 2 percent of turnover, it's dwarfed on the international art auction market by the US, Britain and China.
It's the influential artist's inaugural exhibition in Australia: A major retrospective of the work of the world's most expensive living painter, Gerhard Richter, opens in Brisbane.
It's the biggest exhibition of contemporary German art that Latvia has ever seen. Thanks to a private initiative, the National Museum in Riga is showing 77 works by 53 German artists.
Germany wants to keep "nationally significant" artworks from leaving the country. After debates marked by protests from artists like Georg Baselitz, the new art protection law has passed.
Paintings by Willem de Kooning and Edvard Munch have smashed the price records for these works at auction this week. Artworks by Picasso and Frida Kahlo are still up for grabs.
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