Berliner Boersenzeitung - Venice glassblowers scorched by blazing energy bills

EUR -
AED 4.191739
AFN 79.888684
ALL 93.972123
AMD 437.974506
ANG 2.042511
AOA 1046.546651
ARS 1352.699081
AUD 1.754023
AWG 2.057144
AZN 1.94613
BAM 1.960175
BBD 2.303321
BDT 139.402378
BGN 1.956113
BHD 0.430233
BIF 3349.634508
BMD 1.141272
BND 1.471472
BOB 7.882525
BRL 6.433469
BSD 1.141037
BTN 97.959795
BWP 15.323472
BYN 3.7333
BYR 22368.93913
BZD 2.291495
CAD 1.559543
CDF 3286.864555
CHF 0.936289
CLF 0.027869
CLP 1069.463729
CNY 8.197781
CNH 8.192824
COP 4689.579612
CRC 580.189943
CUC 1.141272
CUP 30.243719
CVE 110.760284
CZK 24.798712
DJF 202.82663
DKK 7.458785
DOP 67.359466
DZD 150.102811
EGP 56.687228
ERN 17.119086
ETB 153.101309
FJD 2.563583
FKP 0.841219
GBP 0.841312
GEL 3.132828
GGP 0.841219
GHS 11.639177
GIP 0.841219
GMD 79.888686
GNF 9878.85449
GTQ 8.766645
GYD 238.662713
HKD 8.954897
HNL 29.672755
HRK 7.534447
HTG 149.241811
HUF 403.660055
IDR 18606.506394
ILS 3.969094
IMP 0.841219
INR 97.945488
IQD 1495.06685
IRR 48076.100358
ISK 144.633305
JEP 0.841219
JMD 181.966162
JOD 0.809223
JPY 163.488988
KES 147.448975
KGS 99.804303
KHR 4587.9154
KMF 491.888763
KPW 1027.142678
KRW 1551.953621
KWD 0.349549
KYD 0.950639
KZT 582.214444
LAK 24651.483704
LBP 102180.68747
LKR 341.432102
LRD 226.714143
LSL 20.768569
LTL 3.369881
LVL 0.690344
LYD 6.223892
MAD 10.464903
MDL 19.690295
MGA 5158.551215
MKD 61.526747
MMK 2396.370175
MNT 4083.970629
MOP 9.220724
MRU 45.228646
MUR 51.973201
MVR 17.581267
MWK 1978.966213
MXN 21.915666
MYR 4.827193
MZN 73.052549
NAD 20.768139
NGN 1796.465018
NIO 42.001334
NOK 11.52494
NPR 156.736848
NZD 1.888773
OMR 0.438812
PAB 1.140736
PEN 4.173057
PGK 4.701466
PHP 63.462743
PKR 321.840071
PLN 4.280798
PYG 9115.386153
QAR 4.159302
RON 5.055039
RSD 117.234387
RUB 90.856011
RWF 1614.131147
SAR 4.280204
SBD 9.522707
SCR 16.225447
SDG 685.335807
SEK 10.946811
SGD 1.466774
SHP 0.896861
SLE 25.929429
SLL 23931.911932
SOS 652.241426
SRD 42.284699
STD 23622.034555
SVC 9.981367
SYP 14839.135245
SZL 20.768841
THB 37.139298
TJS 11.293707
TMT 3.994453
TND 3.400991
TOP 2.672977
TRY 44.905982
TTD 7.731189
TWD 34.135344
TZS 3059.41351
UAH 47.288652
UGX 4154.236163
USD 1.141272
UYU 47.566589
UZS 14659.644136
VES 111.739756
VND 29762.672403
VUV 137.906686
WST 3.146597
XAF 657.430193
XAG 0.032613
XAU 0.000338
XCD 3.084346
XDR 0.818049
XOF 655.090437
XPF 119.331742
YER 278.299443
ZAR 20.297433
ZMK 10272.816921
ZMW 29.4605
ZWL 367.489249
  • RBGPF

    -1.5000

    67.5

    -2.22%

  • CMSC

    0.0899

    22.2

    +0.4%

  • RYCEF

    0.1150

    12.15

    +0.95%

  • RELX

    0.2950

    54.36

    +0.54%

  • RIO

    -0.3000

    58.55

    -0.51%

  • BTI

    -0.1750

    46.17

    -0.38%

  • NGG

    -0.2700

    71.05

    -0.38%

  • GSK

    0.3300

    40.8

    +0.81%

  • CMSD

    0.0587

    22.21

    +0.26%

  • BP

    -0.6350

    28.92

    -2.2%

  • AZN

    1.1800

    73

    +1.62%

  • SCS

    -0.1600

    10.37

    -1.54%

  • BCE

    0.0100

    21.96

    +0.05%

  • VOD

    -0.0450

    10.26

    -0.44%

  • JRI

    -0.0400

    12.94

    -0.31%

  • BCC

    -0.0050

    87.54

    -0.01%

Venice glassblowers scorched by blazing energy bills
Venice glassblowers scorched by blazing energy bills

Venice glassblowers scorched by blazing energy bills

The blown glass creations forged in the furnaces on Venice's Murano islands are prized around the world -- but soaring gas prices are threatening the centuries-old craft.

Text size:

"It's a huge problem... A hurricane has hit the economy," Luciano Gambaro, head of the Promovetro glass association, told AFP, describing bills that have risen a whopping 600 percent.

Murano's artisans fashion everything from tiny, coloured animals to majestic chandeliers, seven days a week.

To do so, they need one key thing: heat. Energy is their second biggest expense, after labour costs, and they are suffering from record gas prices worldwide.

They were paying 20 cents ($0.23) per cubic metre until September.

"On the December bill, the price was 1.27 euros, a rise of over 600 percent," said Gambaro, who employs six people and is feeling the strain.

There have been glassmakers on Murano -- a series of islands linked by bridges -- since the 13th century, when they were moved from Venice proper after devastating fires which began in their furnaces.

Some have kept their creations in vogue by partnering with renowned designers. Others have seen their glass included in art displayed in major museums.

In a bid to stave off a crisis, the Veneto region forked out three million euros in November to help compensate for the glassmakers' spiralling energy costs.

"Unfortunately, that will all be used up by the end of February," said Gambaro, who admitted to being "very worried" about the prospect of "paying the full price from March".

It is "a bigger problem than Covid", he said, in reference to the coronavirus pandemic which hit Italy in 2020, forcing a series of financially-punishing lockdowns, and emptying Venice of its big-spending tourists.

- 'Tip of the iceberg' -

Cristiano Ferro, whose company Effetre Murano employs 32 people and makes semi-finished products -- brightly coloured blocks, rods and sheets to be shaped and crafted by glassmakers -- in 16 kilns, says gas prices are "just the tip of the iceberg".

"All the raw materials have increased by 20, 30, 40, 50 percent: sand, soda and all the mineral oxides used to colour the glass," he said.

Companies like his have few solutions, apart from upping their own prices.

"We have increased the costs by 15 to 30 percent, now we'll see how the market reacts," Gambaro said.

There is no quick fix: it is very costly to shut down and restart the furnaces.

Instead, he said European countries need to put pressure on supply countries -- in this case Russia -- with jointly-agreed countermeasures.

- 'We will overcome it' -

It is not just the workshops along Murano's picturesque canals that are feeling the pain.

Manufacturers and consumers across Italy are being hit by soaring gas and electricity bills, and the government has so far pledged 5.5 billion euros in support.

Despite the threat to Murano and its glassmakers, Gambaro refuses to despair.

"We have a problem, but we will overcome it," he said. "We have been here for a thousand years."

(O.Joost--BBZ)