Il Manifesto before the end
The left-wing Italian daily newspaper Il Manifesto is facing closure. The liquidators sent a fax to the editorial staff announcing the paper's closure, as the editorial staff reported on Saturday on the newspaper's website.
"Cessation of activity - we say no," was the editorial comment. "They want to close us down, we are resisting." It was the "craziest business closure in the world".
The left-wing newspaper, which is run as a cooperative, was founded around 40 years ago and is in debt. The paper is suffering from falling advertising revenue and dwindling circulation. In addition, state funding is being cut. (SDA/DPA)
