New Company Will Manage Church of Greece Properties

Margarita Papantoniou | 30 July 2013

July 30, 2013

ieronymos_533_355A company, known by the acronym EAEAP, aims at making commercial use of the substantial property owned by the Church of Greece.

This is what has been foreseen by the Ministries of Finance and Education, with legislation which would allowe EAEAP to be created in which the state and the Church will each hold a 50 percent stake after putting up half of the share capital, set at a total of €300,000 each, about $390,000.

The real estate assets will pass to the firm via a 99-year lease. Three people that will be appointed by Archbishop of Athens Ieronymos, one from the Finance Ministry and one from the Education Ministry will constitute the five-member board.

Revenues will be split between the Church and state. Since the start of the crisis, Ierynomos has been keen to show that the Church is not shirking its duty and has denied that it benefits from tax breaks, as reported by ANSAmed.

Almost since his accession to the archiepiscopal throne of Athens, Archbishop Ieronymos has tried to implement his idea concerning the co-operation between Church and State on the domain of the church property’s exploitation.

“Today, beyond the property of the Church, the income from the exploitation of which covers the huge expenses of its function, there is another important fortune that is inactive or in captivity,” the Archbishop said.

“A serious collaboration between Church and State on this subject with sincerity, honesty, transparency, punctuality and binding guarantees on behalf of the State for its exploitation, would be advantageous and the appropriate in this current social reality,” Ieronymos noted.

Source: Greek Reporter

Система Orphus Do you see a mistake in the text? Highlight it and click: Ctrl + Enter
Since you are here…

…we do have a small request. More and more people visit Orthodoxy and the World website. However, resources for editorial are scarce. In comparison to some mass media, we do not make paid subscription. It is our deepest belief that preaching Christ for money is wrong.

Having said that, Pravmir provides daily articles from an autonomous news service, weekly wall newspaper for churches, lectorium, photos, videos, hosting and servers. Editors and translators work together towards one goal: to make our four websites possible - Pravmir.ru, Neinvalid.ru, Matrony.ru and Pravmir.com. Therefore our request for help is understandable.

For example, 5 dollars a month is it a lot or little? A cup of coffee? It is not that much for a family budget, but it is a significant amount for Pravmir.

If everyone reading Pravmir could donate 5 dollars a month, they would contribute greatly to our ability to spread the word of Christ, Orthodoxy, life's purpose, family and society.

Choose currency:
Other amount
10$
20$
50$