Despite having confirmed their intention to take part in the 2013 Eurovision Song Contest, Greece may very well have to sit this one out due to cost.

One more European country seems to be struggling to meet the financial requirements of a participation to the Eurovision Song Contest. Greece, one of the contest’s most ardent supporters is highly likely to pull out this year as the broadcaster has not been able to attract enough sponsorship so far.

Mr Johnny Kalimeris, Executive Member of the Board at ERT, stated to esctoday.com that although the final decision will be made shortly it is highly unlikely that the country will be able to take part this year.

The Greek broadcaster has lately suffered large budget cuts due to the crisis the country faces. Furthermore, the rise in the participation fee – an increase from 100.000 to 120.000- and the considerable cost required for the entire project make it extremely difficult for ERT to find willing private sponsors.

Stay tuned to esctoday.com for the final word on Greece.