For Business Scotland, I learned from Joanna Baker, managing director of the Edinburgh International Festival, that continental European arts organisations are having to adjust, some of them very fast, to a sharp cut in their subsidy.

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The scheme is a partnership between Edinburgh Festival Fringe Society, the Federation of Scottish Theatre and arts body Creative Scotland.

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Were the churches of Edinburgh to withdraw their committed support for the arts in this week, the festival - and in particular the fringe - would look very different.

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