‘Best-selling Greek newspaper must stop’
The best-selling Greek newspaper, Ta Nea, will cease to exist. In addition, also the weekly Ta Vima to exist. Both newspapers are owned by the Lambrakis Press Group (DOL).
According to a statement from the company to keep the two historic newspapers to exist due to financial problems at the parent company, reports The Guardian. In addition to the two newspapers publish LOVE a number of magazines, and the company has a radio station.
The company has as a result of the economic crisis in which Greece since 2010, weighed down not enough money in cash to the printers to pay. Therefore, the newspapers no longer published and disseminated.
According to DOL, are the banks guilty of the problems in the company. The ailing DOL must say that all of the income to give because there is a large burden of debt is built up. By the banks would not take into account the costs for printing and distributing the newspapers.