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MARATHON, Greece – TV celebrity and entrepreneur Ilias Psinakis, who took over as Mayor of a town storied because of the famous race which bears its name, says the municipality is almost broke, blaming what he called mismanagement by previous officials.

“The party that had been going on for the last 16 years in the Municipality of Marathon is over and I am stuck with the bill,” he said, without naming those he felt were responsible if the claim is correct.

Psinakis said the local authority would stop paying suppliers but would not seek a loan to cover its shortfall. “There is a Plan B,” he said, without giving further details.

A flamboyant personality given to coarse language, Psinakis, 66, holds two Masters degrees, one in International Business and the other in International Marketing.

The annual Athens Marathon begins in the town and there is a statue there depicting Pheidippides, said to have run from there to Athens in 490 B.C. to announce victory over the Persians. The work more prominently features 1946 Boston Marathon winner Stylianos Kyriakides and

The post Marathon Mayor Says Town Broke appeared first on The National Herald.

Source: The National Herald
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