Browsing: loan

Source: The National Herald By Theodoros Kalmoukos CONSTANTINOPLE – An extensive discussion took place during the recent meeting of the Holy Synod of the Ecumenical Patriarchate on March 7 regarding the article of The National Herald about the $10 million dollar bank loan that the Greek Archdiocese of America is trying to acquire, using the two buildings of its Manhattan headquarters as collateral. Specifically, Synod members asked Metropolitan Evangelos of New Jersey about the loan. He said he didn’t know anything about it and refereed all questions to Archbishop Demetrios, who is serving also as a Synod member during the…

Source: The National Herald BOSTON, MA – The Greek Orthodox Archdiocese of America will take a $10 million loan, with its headquarters – the two buildings located at 8-10 East 79th Street in New York City as collateral – as was announced during the meeting at the Boston Metropolis on March 1. The meeting was called by Metropolitan Methodios in hope of providing some explanation,  because there is a high degree of disappointment and mistrust in Boston after the astonishing revelations made by The National Herald about the dire situation of the finances in which the Archdiocese found itself. It was…