From Michael Hedges
August 6, 2007
On the surface the new Greek media law accomplishes nominally understandable effects. Broadcasters will be required to post financial responsibility bonds, not altogether unfamiliar. Newspapers will be required to employ three full-time workers. In other words, the Greek government wants to discourage small media operators; all the better for big media operators. But the financial responsibility clause goes a step further. Radio stations primarily broadcasting speech content (read: news) are required to post a bond of €100,000. Music radio stations need only post €60,000. Similarly, radio stations broadcasting news are required to have 20 full-time employees while music radio stations must have but three
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http://followthemedia.com/mediarules/greece06082007.htm