Outlook: not scorchio.
The government in Greece announced it is shutting down the country’s national broadcaster ERT. Government spokesman Simos Kedikoglou announced the corporation’s television and radio stations will go off-air at midnight tonight. He said the corporation is a “characteristic case of lack of transparency and waste”, that it has not been audited for eight years and that it costs Greek licence payers 300 million euros a year through their electricity bill. Kedikoglou said ERT had 3-7 times higher costs than private channels and low ratings. The sposkesman added that a new, leaner organisation will be created but did not specify when this would happen.