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IMF shutdown of Greek state TV

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In compliance with the requirements of the International Monetary Fund, the Greek government made the decision to shut down a public broadcasting group comprising 19 regional channels, four national channels—one of which broadcasts abroad—, six radio stations, a TV guide magazine, websites and the national audiovisual archives in their entirety.

At midnight on Tuesday, 11 June 2013, state channels suspended their transmissions and 2950 employees were left jobless.

This constitutes an unprecedented case: Greek channels were poorly managed and had a low hearing, but they played a key political role. They were chastised for economic, rather than outwardly political, reasons.

Greece is now the only developed country without a public broadcasting network.

It could be that the government is planning an overhaul of the public broadcasting system several months down the line, revamping certain channels through improved management.

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