Athens University rector says funds may run out next year

Athens University, Greece’s biggest educational institution, may run out of funds to operate next year, its rector, Theodoros Fortsakis, told a press conference on Monday.

Speaking from the institution’s central Athens headquarters, where protesting administrators and staff formed a human chain around the neoclassical building, Fortsakis said that Athens University’s budget has been slashed by 75 percent from 2009 and that it is looking at a shortfall in operational funds to the tune of 9.5 million euros next year.

The rector also demanded that the university be appointed more teaching and administrative staff as significant shortages have resulted from civil service cutbacks.