No broadcasting fee for Liechtenstein radio
Liechtenstein has decided not to introduce a broadcasting fee of 100 francs per household to fund Radio L. As part of an austerity package, the government had planned to eliminate the state subsidy of 1.5 million francs per year and introduce a fee.
Since financing with a national contribution has emerged as the most sensible solution both economically and with regard to the acceptance of a broadcasting fee, the introduction of a broadcasting fee will be waived, the government in Vaduz announced on Tuesday. The relaxation of advertising bans is intended to improve the self-financing level of Radio Liechtenstein (Radio L). In addition, the endowment capital is to be reduced in order to eliminate the loss carried forward by the Liechtenstein Broadcasting Corporation. (SDA)
