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 throught their electricity bill. Kedikoglou said ERT had 3-7 times higher costs than private channels and low ratings.
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