Patriarchal Synod Discusses Archdiocese’s $10 Million Loan

Greek Orthodox Archdiocese of America. (Photo by TNH/Costas Bej)

CONSTANTINOPLE – An extensive discussion took place during the recent meeting of the Holy Synod of the Ecumenical Patriarchate on March 7 regarding the article of The National Herald about the $10 million dollar bank loan that the Greek-Archdiocese of America is trying to acquire, using the two buildings of its Manhattan headquarters as collateral.

Specifically, Synod members asked Metropolitan Evangelos of New Jersey about the loan. He said he …

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