Friday November 28, 2014 Search
Weather | Athens
16o C
10o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Struggling Athens Concert Hall granted grace period for debts

Authorities will not impose any penalties on the Athens Concert Hall for not paying its debts until the end of August, according to an amendment passed through Parliament late on Wednesday.

The temporary legislation means that interest will not be added to the cultural venues debts to the state and that authorities will not have the right to seize its assets.

The amendment seeks to give the Athens Concert Hall some time to get its finances in order, collect revenues and pay its employees.

The venue has taken out three bank loans totaling 245 million euros that were guaranteed by the state.

It has so far paid back less than 6 million.

ekathimerini.com , Thursday May 8, 2014 (19:04)  
Lebanese FM: Cyprus may be jihadi transit point
Seven PASOK MPs voice support for party leader
New law could transfer control of unused buildings
Greece set to accept continued role for IMF
Athens water supply 9-month profit falls 45 pct on lower charges
Athens Water Supply & Sewage Co. SA, Greeces largest water provider, said 9-month net income fell 45 percent to 41 million euros ($51.1 million) from a year earlier as it charged less to th...
PPC profits power up in Jan-Sept
Public Power Corporations impressive profits in the first nine months of 2014 create significant scope for a reduction in electricity rates and are the result of a cut in spending on fuel a...
Inside Business
SOCCER
PAOK is one win from Europa Leagues last 32
A late brace by Stefanos Athanasiadis gifted PAOK a precious win at Dynamo Minsk on Thursday, meaning that the Thessaloniki team is one win away from graduating from the group stage of the E...
BASKETBALL
First defeat for Olympiakos in Euroleague
Olympiakos suffered its first Euroleague loss of the season going down 89-70 at Laboral Kutxa on Thursday, although the Greek team remains the favorite to clinch the top spot in its pool. Th...
Inside Sports
COMMENTARY
The presidential election paradox
A few days ago, speaking with a visiting colleague who neither works in Europe nor covers events here, I suddenly felt how much we Greeks take for granted some things that should have worrie...
EDITORIAL
SYRIZA needs a Plan B
The main opposition SYRIZA party needs to present the Greek people with a plan B, because, whether we like or not, those who matter European decision-makers and the markets have made it ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Athens water supply 9-month profit falls 45 pct on lower charges
2. Lebanese FM: Cyprus may be jihadi transit point
3. PAOK is one win from Europa Leagues last 32
4. First defeat for Olympiakos in Euroleague
5. PPC profits power up in Jan-Sept
6. Papastratos banking on exports
more news
Today
This Week
1. Lebanese FM: Cyprus may be jihadi transit point
2. Athens water supply 9-month profit falls 45 pct on lower charges
3. Greece paralyzed by major strike, flights cancelled
4. Greek diplomat dies in fall under Thai train
5. Greece scrambles to find food, shelter for 700 migrants on crippled ship
6. Chief suspect in Piraeus bar shooting arrested
Today
This Week
1. Give Greece a chance
2. Scientists expand excavation of ancient Amphipolis
3. Extremism from a bygone era
4. Greece paralyzed by major strike, flights cancelled
5. Piraeus nightclub shooting leaves 3 seriously injured
6. Coscos Greek unit adds multinational rail-freight client
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.