EMCC European Monitoring Centre on Change


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Geographic Location

Country: Greece


Sector: Information / communication
Publishing, audiovisual and broadcasting activities
58.13 - Publishing of newspapers
Number Employed: 180
Group: Kerdos Publishing

Employment Effects

Announcement Date: 13-06-2014
Planned Job Reductions min: 180
Planned Job Reductions max: 180
Type of Restructuring: Bankruptcy
Employment Effect Start: 13-06-2014
Foreseen End Date: 31-03-2015

Additional Information

Greek financial newspaper Kerdos, filed for protection under the Bankruptcy Code. 180 jobs are to be lost. The bankruptcy petition to the court is to be discussed in February 2015. Kerdos newspaper has been operating for 30 years. As reported the staff is unpaid since the previous year.  

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