http://www.iftn.ie/news/featureinterviews/?act1=record&only=1&aid=73&rid=4284808&tpl=archnews&force=1

By Steve Cummins

Spain’s film industry dealt a blow… The struggling Spanish film industry has been dealt a further blow with Screendaily reporting that Susana de la Sierra, director of Spain’s cinema body ICAA, has confirmed there will be no financial support for scripts, animation movies or short films this year. On top of that, a total of seven of the 11 lines of funding for the ICAA will be cut. The industry had hoped that tax deductions for those who invest in cinema would hit 40 per cent but the ICAA have been told they will not exceed 25 per cent. The cutbacks mean that the ICAA’s final budget of €48.46m for the year is half of the funding it received in 2007.