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Home : Church Offers to Mortgage Assets to Help Country Out of Financial Hole
Mar 21
2013

Church Offers to Mortgage Assets to Help Country Out of Financial Hole

The head of Cyprus' Orthodox Church, Archbishop Chrysostomos II, has offered to mortgage the church's assets to get Cyprus out of its financial hole. How much does it have? In an interview with ABC News, Chrysostomos said the church's land and hotels were worth somewhere in the billions.
Source:http://feeds.abcnews.com/click.phdo?i=867203e858ab86a4a9ae5dc40151229b
 
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