Live Nation has set up a Web site to offer discounted tickets to shows in Hungary, Poland, the Czech Republic and Slovakia.

The move aims to target those affected by the global recession, with tickets available for just €15 ($21).

"The summer concert is a great escape in these tough economic times," said Michael Rapino, president and chief executive officer of Live Nation in a statement. "Through Artist Music Exchange we are doing our part to make it easier for fans to see their favourite bands across central Europe."

Artists including Lenny Kravitz, Motley Crue, Nine Inch Nails, Limp Bizkit and David Byrne have already joined the initiative.

Tickets are available now at www.artistmusicexchange.com.