Davar, an Israeli daily newspaper linked to the Labor Party, may cease publication by the beginning of next year according to Haim Ramon, chairman of the Histadrut trade union federation.
Ramon informed the newspaper’s employees last week that as of Jan. 1, Histadrut would cut off all funding to the paper, which has a daily circulation of about 20,000.
But he said he was prepared to continue negotiations with a committee representing the paper’s employees, who may purchase the newspaper in a bid to keep the presses running.
But Ramon said Histadrut would be prepared to give Davar an approximate $11 million “farewell grant” if the workers’ committee could find a way to guarantee the continued employment of most of the newspaper’s employees.
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