Greece Travel Blog
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9/27/2008 Athens, Greece Dear Friends and Colleagues, After nearly 57 years in circulation, the
Athens News is under threat of closure. On September 25 it was announced to
us by the Lambrakis Press, which has managed this newspaper since
it entered the Lambrakis Foundation in 1993, that it will wind up
the operation, possibly as early as Friday 3 October.
We are currently engaged in an effort to
extend that deadline in order to find new investors to take over the title,
archive and books. But it is impossible for any serious investor to carry out
due diligence and responsibly and formally register their interest to our
current owners within a week. We need an extension of at least a month, in which
to make contact with the various potential investors currently reviewing our
balance sheet and business plan.
We feel that a move to pull out the rug from
under an independent newspaper which has served the thinking public since 1952
should not stand. We are therefore appealing to you, the community we exist to
serve, to write an open letter to our publisher, Christos Lambrakis, under
copy to us, appealing for an extension and presenting the case, as you see it,
for our continued existence under a new owner.
Please send your letters to johnp@dolnet.gr for publication and forwarding. Thank you.
John Psaropoulos
Editor Athens News
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