Knesset: PM may forgive debt of Israel’s state television station

28.12.2011                      02.Tewet. 5772                       Channuka 8

Channel 10:

Knesset: PM may forgive debt of Israel's state television station

Few members from both coalition and opposition present during the Knesset discussion; no sign that Netanyahu will forgive beleaguered Channel 10's NIS 45 million debt.

The Knesset passed a law Tuesday that would allow Prime Minister Benjamin Netanyahu to relieve Channel 1’s NIS 150 million debt.
The law states that the forgiven debt will allow the channel to invest funds in local productions, but would forbid it from selling real estate assets before the reform is put into place. The law also includes provisions dealing with the channels internal structural changes….