Country’s Oldest Newspaper ‘on the Verge of Collapse’
MONTEVIDEO, Uruguay (AP) _ The oldest newspaper in the country, El Dia, published an edition of only eight pages Monday and told readers it is on the verge of collapse.
The 104-year-old paper began to slide economically a decade ago when the military government in power then ruled it must pay the same taxes as other businesses.
Recently, El Dia has suffered labor problems. Last month, it was shut down four days by a strike.
″We don’t know how much longer″ the 15,000-circulation paper will continue to publish, an article stated. ″Today we find ourselves on the verge of collapse.″
Many Uruguayan papers are hurting from the nation’s economic problems, but El Dia, firmly tied to the centrist Colorado Party, seems to be hit the hardest.
El Dia was founded by the man who would twice be elected president and become one Uruguay’s best-known and best-loved politicians, Jose Batlle y Ordonez.