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Wednesday, 12 June 2013

Greek crisis. ERT closes

Greece announced the closure of its state broadcaster ERT which is the equivalent of the BBC here in the UK. This is one of the most drastic measures yet in Greece's  struggle to shore up its bankrupt state finances and meet the terms of an international bailout.

The decision to take ERT off the air at midnight and pay off some 2,600 staff before re-launching it in a slimmed-down form set off a firestorm of protest. This drastic measure is seen as a prototype of what the Conservative government of A Samaras intends to do in response to the bailout

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