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Greek Newspaper 'Eleftherotypia' Gone Bankrupt

eleftherotypia-660_0The Greek company XK TEGOPOULOS PUBLISHING, which is in charge of the newspaper Eleftherotypia has been declared bankrupt.
Α liquidator will be appointed in order to decide on the proper form of liquidation, while he will also converse with creditors and decide whether the newspaper will continue to print.
In such cases the court is asked to appoint a liquidator who will be in charge of everything. He will be the manager of all the company’s assets and will attempt to meet its debts to the state, the employees and other individuals.
The liquidator may wish to keep printing the newspaper, or to sell it immediately. It is probable that the newspaper will go to Charis Economopoulos’ company so that the newspaper’s market value is not lost.

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