C'tee rejects Channel 10 request to delay debt repayment

By JPOST.COM STAFF
December 12, 2011 10:57

 
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The Knesset Finance Committee on Monday rejected Channel 10's request to extend the due date for its debt repayment to the state.

Channel 10 had requested that it be allowed to postpone its debt repayment by one year. The Finance Committee rejection means that the Channel will likely be closed down if it does not repay its NIS 60 million debt by the end of 2011.

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