The grand remaining of Eurovision came about on Saturday and Marina Satti and her staff took eleventh place within the 68th music contest.
Marina Satti’s participation in Eurovision 2024 value ERT the overall quantity of 176,647.20 euros (plus VAT), in accordance with a related choice of the Board of Administrators of Public Radio and Tv posted on DIAUGIA.
The precise quantity is the same old for Greece’s participation in Eurovision lately and it’s understood that it isn’t in regards to the remaining quantity however just for the participation payment as to this can be added the bills for the Greek mission to Malmo, Sweden.
The strategy of financing
Each nation that wishes to participate in Eurovision should pay a sum to the European Broadcasting Union (EBU), which can also be the organizing authority of the music establishment.
This quantity is principally decided by inhabitants standards, which signifies that France, Germany, the UK, Spain and Italy pay essentially the most to the EBU for Eurovision 2024.
Actually, these international locations are additionally the so-called “Large 5” of Eurovision and are current in each remaining, with out having to undergo the scope of the semi-final section.
It’s price noting that the price of participation for a lot of member states and particularly the smaller ones shouldn’t be negligible and thus there are some international locations that don’t ship missions to Eurovision.
Regardless of the greatest monetary burden is, it’s borne by the organizing nation, with the monetary contribution from the tv group organizing the competitors starting from 10 to twenty million euros, whereas as a rule some extra quantity is contributed by town the place the occasion is held, both in cash or advantages.
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