Santa is Four Months From Christmas – But a Week From Bankruptcy

Revenue crisis leaves Father Christmas in need of a gift.

‘Santa Claus’ in his office in Rovaniemi, Finland.

Photographer: Jonathan Nackstrand/AFP via Getty Images
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Santa Claus has been given a week to pay his creditors.

Finland’s shrinking economy has hit Dianordia Oy, the company that offers kids from all over the world an opportunity to meet Santa Claus. Just four months before Christmas, the firm faces bankruptcy as it struggles to repay its debts.