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ARCOmadrid_2011 exhibition view. Photo: Ilze Žeivate

Symbolically and perhaps logically, my conversation with Ilze Žeivate ended with a “tour” of the airport. I thanked her for her time and, riding the wave of my newly acquired Spanish impressions, headed out to look at local artists, thinking meanwhile about global problems in the art market. The total balance of the ARCOmadrid art fair’s achievements can be evaluated as positive. Such a large number of sold works and so many satisfied galleries, which returned home with various prizes, a larger budget, and newly acquired international contacts that will definitely be useful in their future professional activities. The art market is beginning to revive after the economic crisis, and increasingly more funds are again being invested in art. This will definitely have a positive impact on collaborations between galleries, artists, and collectors. The year has begun under a lucky sign, and the European art fair season can continue.

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