iab-728x90

The Magazine of The Evangelical Lutheran Church in America

iab-728x90

LWF budget cuts

The Lutheran World Federation's secretariat will soon suffer budget cutbacks, warned Peter Stoll, LWF treasurer. In October, he reported that the global financial crisis impacts "most if not all of our member churches and related agencies." He gave the example of Germany, where the church income tax has declined by 10 to 15 percent, and Slovenia, where "church income has declined by half." The possible collapse of a Slovenian textile factory could mean a loss of 1,200 jobs, mostly held by Lutherans, he added.


Comments



Print subscribers and supporting Web members may comment.

Log in or Subscribe to comment.

text size:

this page: email | print

iab-728x90
December issue

DECEMBER issue:

Advent: Waiting together

More...