Friday, June 14, 2013

Greece turns off state broadcasting

In what is termed an austerity move, the Greek government closed down state radio and television stations earlier this week. An announcement from the Finance Ministry said that the Hellenic Broadcasting Corp. (ERT) has been formally disbanded, and its 2500 employees laid off.
  The layoffs are the first substantial layoffs of public employees, coming after almost a million jobs have been lost in the private sector.

Source -  Greek state TV, radio broadcasts go off the air, Bloomburg BusinessWeek

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