Search This Blog

Image and video hosting by TinyPic

Thursday, October 16, 2014

Church of Greece Revenues Drop

   


During the last five years,  Church of Greece revenues have decreased by 70%. Βelievers offer fewer donations, while the number of sacraments performed in churches has dropped due to the financial crisis.
 
At the same time, many properties belonging to the Church remain vacant. Vacant buildings amount to almost 60%, while the paying of dividends has stopped since 2008. According to estimates of the Holy Synod, one-fourth of the Church’s real estate properties have been vacant for a long time.

The six-storey building at Mitropoleos Str in Athens is a typical example. The building used to house the Education Ministry, but in 2007, the Ministry moved and the building remains vacant since. Finally, after ten unsuccessful bids, Electra Hotels Group bought the building that will soon operate as a hotel.

It is estimated that the revenues of the Central Ecclesiastical Financial Service dropped to 9.33 million euros in 2012 and 7.4 million euros in 2013, compared to 10 million euros in 2011.

The ecclesiastical property includes 300 frozen properties, 570 properties, apartments, offices, 225,000 acres of forest land, 7,400 acres of grassland and 440 plots within the urban planning zone.

No comments:

Post a Comment


Category

1915 Armenian Genocide 21st-century Christian martyrs‎ africa al assad Al Qaeda albania anti-Morsi protests Apostles Arab Christian Arab-Orthodox Archimandrite Tikhon Shevkunov army Asia Australia bank BBC Belarusian Orthodox Church Bethlehem bible Bible movies bible translations bulgaria Bulgarian Orthodox Church Byzantine byzantine music C.I.A. Cairo China Christian Armenians christianity christians christmas Christmas Traditions Christmas tree church Conspiracy Constantinople coptic church copts cyprus daily news Documentary Easter economy Ecumenical Patriarch Ecumenical Patriarch Bartholomew I Ecumenical Patriarchate of Constantinople egypt egypt pope elder Elder Ephraim of Vatopaidi elder joseph of vatopaidi elder Paisios Elder Porphyrios english subtitles Epiphany europe food Fr Seraphim Rose france FREE books FREE Greetings Cards fyrmacedonia Georgian Orthodox Church germany greece greek greek food greek music Greek Orthodox Church Greek Orthodox Easter greek orthodoxy health and medicine Holy Fathers Holy Scripture Holy Tradition icon Internet Interview iran islam islamist israel Italy jerusalem Jesus Christ jews jihad killed libya mafia Middle East Miraculous Icon monastery money mother of god mount athos Mount Sinai Movie Trailers music muslim muslims news orthodox church Orthodox Church in America pakistan Palestine patristic tradition photo photos picture politics pope Prophecy protests quotes recipes religion romania romanian orthodox church Russia Russian Orthodox Church saint Saints science Shroud of Turin Son of God spy St Nicholas of Myra syria The Mount Athos Food Evolution theotokos travel turkey tv UK Ukraine Ukrainian Orthodox Church usa Vatican vatopaidi video war Watch FREE full movie world
Related Posts Plugin for WordPress, Blogger...