THE TIME FOR ORTHODOX CHRISTIAN ADMINISTRATIVE UNITY IN AMERICA IS NOW! 

Browsing: finances

Source: The National Herald By Theodoros Kalmoukos NEW YORK – In a lengthy and at times tense emergency meeting of the Executive Committee of the Archdiocesan Council of the Greek Orthodox Archdiocese of America on September 19, the existence of an $8.5 million deficit, as The National Herald had previously reported, was officially announced, as was that the Archdiocese’s finances were mismanaged for years. His Eminence Archbishop Demetrios Geron of America and Council Vice Chair George Tsandikos did not respond to TNH’s request for comment. The emergency meeting notwithstanding, the Archdiocese had already taken steps in the last few months…

Source: InSerbia News BELGRADE – Serbian Orthodox Church (SPC) is one the most successful “companies” in Serbia, and according to revenue is in third place, just behind NIS (Oil Industry of Serbia) and EPS (Electric Industry of Serbia), writes Serbian daily “Blic”. Of course, SPC is not registered as a company, but 40 dioceses annually collect about 140 million euros, according to a survey conducted by “Blic”. The Church is unaccountable for its financial statements, not even to the public. That is why, with the help of insiders in the top of the Patriarchate of the SPC, the daily tried…