Greek Theatre Company, the oldest theatre in the world, will close by 2020

Greek Theatre Company, the oldest theatre in the world, will close by 2020

The oldest Greek theatre in Western Europe is shutting down at the end of 2020, the company announced Wednesday.

Theatre owner Kestrel’s Greek Theatre, in the city of Keflavik, is closing its doors after more than 150 years of operating.

The theatre has been a fixture of the local economy since 1919.

The company said it plans to convert the building into a museum and a cafe and will continue to host events at the theatre for as long as the theatre remains open.

Kestrels owners said the decision to close the theatre came as a surprise.

The company’s board had planned to keep the theatre open until 2020, but the decision was made to close in the wake of a financial collapse in the country, the Greek media reported.

The closure was made on the heels of a government plan to build a new stadium for the national football team in Keflaia, a suburb of the city, the newspaper Alireza reported.

The news of the closure came as Athens prepared for the arrival of a new national football league.

The new league would have two teams, the first being the current Spartak Zagreb, and the second would be the Kavala-based Olympiacos.

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