Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Cyprus Church to Cut Clergy, Staff Wages, Phileleftheros Reports

Aug. 21 (Bloomberg) -- The Orthodox Christian Church of Cyprus plans to cut the salaries of clergy and staff who earn more than 1,500 euros ($1,865) a month given falling revenue, Phileleftheros said, citing an unnamed church official.

Cyprus’s economic crisis has contributed to a decline in church revenue and its Holy Synod, or governing body, will examine possible cuts at its next meeting on Sept. 4, the Nicosia-based newspaper cited the synod member as saying. The salaries of some managers at church organizations may also be reduced by 40 percent, according to Phileleftheros.

To contact the reporter on this story: Paul Tugwell in Athens at ptugwell1@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at jcolten@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.