Browsing: financial situation

Source: Greek Orthodox Archdiocese of America NEW YORK — The Greek Orthodox Archdiocese of America releases below a “Statement on the Archdiocesan Financial Situation” and a “Message from Archbishop Demetrios” Statement on the Archdiocesan Financial Situation  Beginning in October of 2016, and continuing through early 2017, His Eminence Archbishop Demetrios, Geron of America, and the officers of the Executive Committee of the Archdiocesan Council learned that the Archdiocese faced a severe and complex financial deficit that had been building for several years. Concurrently, Archbishop Demetrios recommended a new leadership team, which was elected by the full Archdiocesan Council. George Tsandikos, managing…