Athens News Agency: Daily News Bulletin in English, 96-12-13
From: The Greek Press & Information Office, Ottawa Canada <grnewsca@sympatico.ca>
ATHENS NEWS AGENCY BULLETIN (No 1065), December 13, 1996
Greek Press & Information Office
Ottawa, Canada
E-Mail Address: grnewsca@sympatico.ca
CONTENTS
[01] Simitis, Kok find common ground on Turkey-EU relations
[02] EU must tackle employment problem, Simitis says
[03] Ciller
[04] Stranded foreign truckers allowed through, some blockades
dismantled
[05] Business losses
[06] Papantoniou calls for more elastic EU recession criteria
[07] German-Greek language project for trainees
[08] President to attend Kalavryta anniversary
[09] Greek defense policy goals are stability and peace in Balkans,
Apostolakis says
[10] Shevardnadze says problems in Aegean must be solved peacefully
[11] MLRS missiles tested
[12] Plans to build on wetlands criticized
[13] American basketball player to face trial over violence charges
[14] Venizelos hails signing of contract for construction of
Acropolis Museum
[15] Greek industry on the mend, ICAP report says
[16] SEB comments
[17] Australians to participate in Thessaloniki cultural events
[18] National Bank aims at branches in Sydney, Melbourne
[19] Tax evading companies' names released
[20] National Bank of Greece introduces... holiday loan
[21] Israeli firms explore possibilities for joint ventures
[22] Greek businessmen in Yugoslavia for food fair
[01] Simitis, Kok find common ground on Turkey-EU relations
The Hague, 13/12/1996 (ANA - T. Aliboutaki)
Prime Minister Costas Simitis and his Dutch counterpart Wim Kok
have stressed the need for Turkey to state whether it accepts a
statement by the European Union Council on July 15, calling on
it to build relations of cooperation with Greece and EU
countries, as well as the need for dialogue between Greece and
Turkey to resolve their differences.
The two prime ministers were speaking at a joint press
conference in The Hague yesterday, shortly after a working lunch
given for Mr. Simitis by Mr. Kok.
Replying to a question by the Athens News Agency (ANA) on
whether the Dutch EU presidency, due to take over from January 1
until June 1997, will consider the possibility of convening the
EU-Turkey Association Council, Mr. Kok said the priority is for
Turkey to promote solutions to its problems on the basis of
dialogue and an effort to build good relations with EU countries.
"This was the content of the discussion held during the meeting
between Foreign Affairs Minister (Hans) van Mierlo and the
Turkish Foreign Minister (Tansu) Ciller at The Hague about 10
days ago," Mr. Kok said, adding that "also with me, at the
Dublin summit and specifically on Saturday, we will again
discuss all these issues and Turkish Foreign Minister Ms. Ciller
will have to state her position."
On his part, Mr. Simitis reiterated the need for dialogue,
saying that Greece considers dialogue to be the basis for a
successful outcome and course to resolving differences between
countries.
"The Dutch Prime Minister and I had a common approach to all
issues," Mr. Simitis said, adding that before the meeting he had
the impression that "we are far apart."
"During our meeting it was proved, on the contrary, that we are
very close on all issues," he added.
Mr. Simitis said extensive ground exists to upgrade commercial,
economic, technological and cultural relations between the two
countries and that co-operation between Greece and the
Netherlands in all sectors can be extremely productive. He
further mentioned possible co-operation in the farming sector
and the joint upgrading of the two countries' activities in
exports and imports.
"We also discussed the issue of drugs which is preoccupying the
EU lately. We agreed that this issue should be resolved on the
basis of co-operation between EU member-states with joint action
and handling," he said.
Responding to a question by a Dutch journalist on the Greek
farmers' protests and how the Greek government plans to act, Mr.
Simitis conceded that there is indeed unrest in this sector but
it will be handled with prudence by the government.
Mr. Simitis, who is accompanied by Foreign Minister Theodoros
Pangalos and Alternate Foreign Minister George Papandreou, was
due to leave The Hague for Dublin last night to attend the EU
summit.
[02] EU must tackle employment problem, Simitis says
Dublin, 13/12/1996 (ANA - S. Liarellis/M. Spinthourakis)
Prime Minister Costas Simitis attended the European socialist
session yesterday, before the EU summit to begin here today.
Speaking during the session, he stressed the need for "special
actions" to be undertaken by the European Union to tackle the
problem of employment, adding that in the institutional
framework of the labor market, "flexible forms of employment
should be sought."
Mr. Simitis said the EU must place particular emphasis on the
issue of employment, adding that "an improvement in
macroeconomic indicators is not enough. It is necessary but it
is not enough to tackle the problem of employment."
He said programs supporting small- and medium-sized enterprises
must be enlarged and called for special references on employment
issues to be included in the new treaty.
Mr. Simitis also spoke of the EU's foreign relations, raising
the issue of handling integrity problems faced by member-states.
He also referred to issues concerning "institutional balance"
and expressed support for "flexibility", but solely for specific
and clearly-defined cases.
Brussels, 13/12/1006 (ANA - P. Pantelis)
In an interview with the Belgian newspaper "Libre Belgique"
yesterday, Turkish Foreign Minister Tansu Ciller expressed
disappointment over the lukewarm reception the Irish European
Union presidency is preparing for her on the sidelines of the
Dublin summit.
Referring to Greek-Turkish relations, Ms. Ciller said she
desires a dialogue of "mutual understanding" with Greece, but
does not rule out intervention by third parties, adding that the
bonds between the two countries are more important than their
differences.
Replying to a question on how relations with Greece can improve,
Ms. Ciller said "the initial impression is that the problems
appear to be complicated and insurmountable. However, I think
that the two countries can settle their differences if they
overcome mutual distrust and lack of confidence."
[04] Stranded foreign truckers allowed through, some blockades
dismantled
Athens, 13/12/1996 (ANA)
Protesting farmers yesterday began allowing hundreds of stranded
foreign truck drivers through roadblocks in northern Greece that
have cut off road access for 15 days, allowing the drivers, most
of them British and Dutch, to continue their itineraries.
At 11 a.m., groups from the Farmers' Coordinating Committee
arrived at the roadblocks at Litochoro at the foot of Mt.
Olympus and Malgaro, near Thessaloniki, to supervise the
two-hour operation after the protesting farmers at the two
blockades decided to allow the foreign trucks through.
A spokesman for the two local committees said the decision was
taken "as a gesture of good will to the drivers" who had
undergone "hardships" over the past two weeks.
Most of the stranded trucks were at the Litochoro blockade.
The spokesman said the blockades would become impenetrable again
after the two-hour operation.
Meanwhile, circulation returned to normal after farmers began
dismantling the blockades on the Serres-Drama, Grevena-Kozani,
and Kozani-Florina provincial roads in northern Greece.
At the same time, Corinth farmers dismantled the road blockade
at Kiato along the Athens-Patras national highway, but the
roadblocks at Aigion along both the old and new national
highways remained in place, although the tractors were replaced
by trucks.
However, farmers in Larissa in central Greece refused to heed
the call by Transport Minister Haris Kastanidis to allow foreign
trucks through the roadblocks, and thus roughly 80 TIR vehicles
remained trapped on the Athens to Thessaloniki highway at Temp i.
The truck drivers rejected a government proposal to be escorted
to the border through alternative provincial roads by police
patrol cars, saying they were not covered by insurance outside
the main highway.
The issue of the stranding of TIR vehicles on Greek and French
roads was discussed yesterday at the EU Transport Ministers'
Council in Brussels, where Mr. Kastanidis promised that the
Greek side would do everything possible to solve the problem.
Meanwhile, Agriculture Minister Stephanos Tzoumakas will raise
the issue of the problems faced by farmers in Thessaly and
Xanthi with his EU counterparts next week, the government said
yesterday.
Acting government spokesman Nikos Athanassakis said Mr.
Tzoumakas would raise the issue at Monday's meeting of European
Union farm ministers.
The spokesman also singled out main opposition New Democracy
(ND) party leader Miltiades Evert and Communist Party of Greece
(KKE) Secretary General Aleka Papariga for criticism over their
stance on the farmers' protests.
He called on Mr. Evert to make his position clear on the method
used by farmers to press their demands and explain how the cost
of satisfying their demands could be met.
Mr. Athanassakis challenged Ms. Papariga to explain to farmers
how their income could be safeguarded outside the EU's Common
Agricultural Policy.
The spokesman also called on other opposition leaders to give
specific replies to the problems rather than resorting to
"sensation-seeking statements of no value."
Meanwhile, main opposition New Democracy party spokesman
Prokopis Pavlopoulos accused the prime minister of breaking
pre-election promises, saying that "in the name of
authoritarianism he is refusing dialogue with the farmers," and
expressed the view that this refusal "directly affects our
already suffering economy."
Mr. Pavlopoulos expressed the belief that the silence of many
members of the cabinet on the farmers' issue betrays their
distancing from the prime minister.
[05] Business losses
Athens, 13/12/1996 (ANA)
In a related development, representatives of the business world
at a joint press conference at the Athens Chamber of Commerce
and Industry called on the farmers to comprehend the "disastrous
consequences" of their action and to immediately lift the
blockades.
The representatives urged the government to enter into a
meaningful dialogue with the farmers and called on the
opposition parties "to stop encouraging the farmers' action and
at last exercise responsible opposition."
They said that "no single social group has the right to cause
such serious problems to the rest of society," forecasting that
gradually the farmers will lose support for their demands.
President of the Athens Chamber of Commerce and Industry Yiannis
Papathanasiou accused the government of being "weak", saying
that so far, it has been unable to "substantially consider the
farmers' problems."
He criticized the government for not "elaborating with sincerity
on the state of the economy prior to the (September) elections,"
which he said has resulted in the farmers' refusal to
acknowledge the problems.
Mr. Papathanasiou also lashed out against the opposition and
expressed fear of a dramatic loss of trade during the holiday
season.
President of the Federation of Greek Industries (SEB) Iason
Stratos said that the entire Greek population has various
demands, but that this is not the way to claim them.
"There are no winners," he said, adding that "the Greek economy
is the only loser."
Panhellenic Exports Promotion Association President Christina
Sakellaridi said exporters were suffering the most from the
farmers' mobilizations, adding that so far, the blockades are
estimated to be costing six to seven billion drachmas daily.
President of the Greek Intercarriers Association Velissarios
Kapotsi said that European consumers have now opted for Turkish
or Spanish products, and predicted that "the European Christmas
dinner will not feature any of the Greek traditional products."
President of the Hotels Chamber Aristotelis Livanis condemned
the leadership of the farmers' unions for choosing "violent
forms of struggle," and called upon the State for "immediate
solutions."
President of the Tourism Enterprises Association (SETE) Spyros
Kokotos said the only solution was dialogue.
[06] Papantoniou calls for more elastic EU recession criteria
Dublin, 13/12/1996 (ANA - S. Liarellis, M. Spinthourakis)
The EU's Council of Economic and Finance Ministers (ECOFIN)
session began here yesterday afternoon, with the basic aim of
finding a compromising solution on the issue of the Stability
Pact between member-states which will participate in the
European Monetary Union (EMU).
National Economy and Finance Minister Yiannos Papantoniou
represented Greece. Sources close to the minister reported that
he would call for "more elastic criteria" for assessing
recession, and was to clarify that sanctions should not be
imposed on a member-state if its economy is affected by external
factors.
Speaking to journalists on the flight to Dublin, Mr. Papantoniou
said Greece would express the view that "natural disasters can
be considered as external factors, or the necessity of a large
amount of spending on armaments, when this is necessary for rea
sons of national security."
Aides of the minister were not ruling out the possibility of
Greece being alone in supporting this position, and stressed
that such decisions can be taken only with a unanimous vote.
[07] German-Greek language project for trainees
Athens, 13/12/1996 (ANA)
A binational project for those undergoing training with a
knowledge of the Greek language is being offered by the
"Frankfurter Bildungswerk der Hessischen Wirtschaft". The
program has been sponsored since 1988 by Germany's Federal
Ministry for Labor and Social Affairs and the Greek labor office
OAED.
The aim is to support bilingual young people in the dual
training system, to increase their mobility and to facilitate
their transition to working life.
Participants in the project, who must have a training contract
either in a commercial or technical occupation, receive
specialized tuition during the whole training period in Greek.
In addition, the training and economic systems of both countries
and to pics related to the European Union are included in the
course.
The specialized tuition prepares the young people for a
five-week stay in Greece.
In Athens, Thessaloniki or Volos the participants have a
four-week practical experience in a company and take part in a
one-week course. To date some 600 young people have taken part
in the project and 150 of these have attained the aim of a
bilingual certificate.
[08] President to attend Kalavryta anniversary
Athens, 13/12/1996 (ANA)
President Kostis Stephanopoulos is to attend a memorial service
in the town of Kalavryta today on the 53rd anniversary of the
mass slaughter of 1,300 men over the age of 16 by Nazi
occupation forces. Events marking the killing of the town's male
population in December 1943 began in Kalavryta yesterday.
[09] Greek defense policy goals are stability and peace in Balkans,
Apostolakis says
Athens, 13/12/1996 (ANA)
The ultimate goal of Greece's defense policy is to create
conditions of stability and peaceful co-existence between the
peoples of the Balkan peninsula, National Defense
Under-secretary Dimitris Apostolakis said in an interview with
the Irish Times daily, in view of the European Summit due to
open in Dublin today.
"The final goal of our national defense policy is to ensure
conditions of stability and a framework for peaceful
co-existence for the peoples in the region, without the use of
force or threat of use of violence," Mr. Apostolakis said in the
interview.
Regarding Greece's armament program, recently endorsed by the
Government Council for Foreign Affairs and Defense (KYSEA), Mr.
Apostolakis said that "it serves our equal participation in the
European Union and ensures that our Armed Forces have a strong
force of aversion."
"Thus," he added, "we will face the situation of threat from our
East from a country which is otherwise an ally."
"Aversion is our ultimate goal and we serve this with the
constant reinforcement and improvement of our defense ability,"
he said.
Regarding the Dublin Summit, Mr. Apostolakis said the Greek
government strongly supported reinforcement of the European
Union's foreign policy through strengthening of the common
foreign and defense policy.
[10] Shevardnadze says problems in Aegean must be solved peacefully
Athens, 13/12/1996 (ANA)
Georgia's President Eduard Shevardnadze yesterday said problems
in the Aegean should be solved through peaceful means, stressing
that the end of the Cold War era has given way to the creation
of a suitable climate and necessary conditions for such
settlement.
The Georgian president met in Tiblisi with Greek Parliament
President Apostolos Kaklamanis, who is visiting the country to
participate in the eighth Parliamentary Assembly of the Black
Sea Economic Co-operation Council, which began its sessions on
Wednesday.
Mr. Kaklamanis told the press that dialogue with Turkey will be
initiated after the necessary guarantees for safety and
protection of territorial integrity and respect of the borders
have been ensured.
The meeting also focused on issues concerning the Greek
community in Georgia and the legal status of Georgian immigrants
in Greece.
In another development yesterday, Mr. Kaklamanis assumed the
presidency of the Black Sea Economic Co-operation Parliamentary
Assembly, during an official ceremony. Greece is to hold the
presidency for six months.
[11] MLRS missiles tested
Athens, 13/12/1996 (ANA)
Two missiles were test fired at the Proskyniton firing range in
the Thracian prefecture of Rodopi by the new and modern weaponry
system known as MLRS, and concerning a missile-firing carrier
mounted on caterpillar wheels.
Each US-built MLRS missile contains 750 smaller missiles, costs
2.5 million drachmas and has a range of 32 km.
[12] Plans to build on wetlands criticized
Athens, 13/12/1996 (ANA)
The Greek Ornithological Society yesterday described as "a
terrible mistake" the 2004 Olympic Games candidacy committee's
selection of the "heart" of Attica's most important coastal
wetlands at Schinia as the construction site for athletics
installations.
The society's director, Costas Vassilakis, also charged that the
committee had not taken into consideration current proposals for
the upgrading of the Phaleron Delta and was pushing ahead with
plans for the construction there of four major sports facilities
"which will kill off what little (wildlife) has so far
survived...".
Athens is considered one of the favorites among 11 candidate
cities bidding to hold the 2004 Olympic Games.
Ornithological Society representatives told a press conference
yesterday that the candidacy committee had falsely stated in its
bid dossier that it had consulted with environmental
organizations in Greece.
If this had been the case, they said, the "gross error" of
selecting the two sites would have been averted.
According to the committee's proposals, rowing, canoe and kayak
installations will be built at Schinia which, together with
parking spaces, will cover at least 2.5 million square meters.
The ornithologists pointed out however that Schinia has been
incorporated in the European Union program 'Corine' as well as
the 'Natura 2000' network. In addition, a presidential decree is
currently being prepared for the protection of the wetlands an d
the environment, town planning and public works ministry has
already approved 260 million drachmas from the Community Support
Framework II for environmental protection works.
At Phaleron, the committee is planning the construction of a
baseball stadium at a site proposed by the Ornithological
Society as a nature park. The proposal won first prize in an
international competition organized within the framework of a
United Nations conference.
Mr. Vassilakis said that alternative sites were available for
the construction of the facilities, while Ioannina Lake in
northern Greece already had installations capable of hosting the
rowing events.
[13] American basketball player to face trial over violence charges
Athens, 13/12/1996 (ANA)
American basketball player Gary Alexander of the Turkish
Besiktas team was charged under a 1986 law "on violence in
sports stadiums" and ordered to stand trial on June 2 next year.
The American player was subsequently released but it was not
known if he had managed to join the rest of the Besiktas team
which was scheduled to leave Thessaloniki on a flight at 3 pm
yesterday.
Alexander was arrested in Thessaloniki yesterday on the basis of
a wanton assault complaint filed against him following a brawl
with a Greek player during a Korac Cup match on Wednesday
evening.
The complaint was filed yesterday morning by Greek player Dinos
Angelides of Aris, Thessaloniki, who was involved in the brawl
with Alexander in the 18th minute of the game when Aris were
leading 40-31.
TV footage of the incident appeared to show Alexander hitting
Angelides while his back was turned. Angelides did not retaliate
and the incident seemed to be over. But a few seconds later
Alexander charged at Angelides and players from both teams
immediately joined in the fracas. Order was eventually restored
but the referees refused to restart the match.
Aris club officials, who maintain that the incident was an act
of provocation on the part of the Turkish team, have sent a
video of the game to FIBA, the sport's ruling body.
The club's chairman, Zafeiris Samoladas, said Aris had
absolutely no responsibility for the incident, while the former
secretary general of the Greek sports ministry, George
Vassilakopoulos, attributed responsibility to the two referees,
saying they should have simply sent off the two players involved
and restarted the game.
The match was the second leg of the cup tie. Aris last week won
the first leg in Istanbul 64-65.
Meanwhile, Turkish Sports Minister Bahatin Seker accused Greek
fans of attacking Besiktas, the Anatolian News Agency has
reported.
"The incidents prove that the Greek fans watch matches against
Turkish teams with the mentality and behavior of those at war,
far from the spirit of sport," he said.
"It is sad that the fans of a country which says it is the
cradle of the Olympics and of sport and has submitted its
candidacy to host the 2004 Olympic Games, are not aware that
sport is friendship," the Turkish minister added.
This is the second incident during an international game between
Aris and a Turkish team. The first was at the 1993 European
Cupwinners' Cup final in Turin, when Aris fans forced their way
onto the court at the end of the game with Efes Pilsen, which
the Greek team won 50-49.
Aris was allowed to keep the cup but was penalized by FIBA,
which ordered the Thessaloniki team to play all its European
matches the following year in Athens.
[14] Venizelos hails signing of contract for construction of
Acropolis Museum
Athens, 13/12/1996 (ANA)
Culture Minister Evangelos Venizelos expressed his satisfaction
yesterday over the signing of a contract for the construction of
the Acropolis Museum.
Speaking from Paris, Mr. Venizelos described the signing of the
contract between Italian architects and the Melina Mercouri
Foundation as "a step of decisive importance ... for the
construction of the new Acropolis Museum. A step which had been
delayed for a long time."
"The architects Nicoletti and Pasarelli are assuming a great
honor and a great responsibility," he added.
[15] Greek industry on the mend, ICAP report says
Athens, 13/12/1996 (ANA)
The recovery of Greek industry continued in 1996, albeit at a
slow pace, according to a report released yesterday by the
research company ICAP HELLAS.
The rate of increase of the value of sales surpassed the average
rise in prices of industrial products resulting in an increase
in the volume of sales, ICAP said in the report.
ICAP said the main reasons for the slow rate of recovery were
the de-escalation of inflation and interest rates, the low rate
of increase of domestic demand and exports and competition
created by imports.
For 1997, one-third of Greek industry is planning an increase in
the volume of investments while there is a climate of optimism
regarding sales, with 58.6 per cent of industry anticipating a
real increase in the value of sales, 36.1 per cent expecting n o
change and just 2.9 per cent predicting a drop.
However, the report said pessimism pervades the average Greek
household.
The financial situation of most Greek households in 1996 either
worsened (44 per cent) or remained unchanged (42.5 per cent),
more so for rural than for urban households.
Their expectations for 1997 are equally pessimistic since most
households believe it is very likely their condition will either
deteriorate (38 per cent) or remain unchanged (44 per cent).
According to the report, the households appearing the most
pessimistic are those of farmers, pensioners or the unemployed
with a moderate or low educational level and an income of less
than one million drachmas per household member.
Only 13.6 per cent of families, most of them young, with a high
educational level and an annual income exceeding three million
drachmas said their position improved this year.
The main reasons given for the deterioration of financial
situations were inflation, namely the cost of living (58.7 per
cent) and a low increase in available income (24.7 per cent).
The large majority of families (61.1 per cent) was unable to
save money this year, while 25.2 per cent had incomes lower than
their expenditures and were consequently obliged to borrow,
while only 13.7 per cent were able to save money.
The report stated that inflation continues to be the main cause
of concern for 1997, (53 per cent), followed by an expected low
increase in income, (26.4 per cent) and the fear of losing
sources of income due to the threat of unemployment, which
appears to be greater in urban areas.
[16] SEB comments
Athens, 13/12/1996 (ANA)
Commenting, the Federation of Greek Industries (SEB) said that
estimates by ICAP on the profitability of Greek industry in 1995
gave a mistaken impression.
The SEB announcement said that in reality, industry profits in
1995 showed a moderate nominal increase amounting to 13 rather
than 38 per cent. It added that this represented the increase in
profits for profit-making companies in the two specific
financial years, namely 1995 and 1994 and excluded the results
of loss-making companies.
[17] Australians to participate in Thessaloniki cultural events
Melbourne, 13/12/1996 (ANA - S. Hatzimanolis)
Aboriginal and Greek-Australian artists will participate in
events to be held in Thessaloniki next year when the city takes
over the title of Cultural Capital of Europe.
Victoria's State Premier Jeff Kennet said he was trying to
convince the state governments of South Australia and Tasmania
to co-operate in a joint Australian representation at the
Thessaloniki International Fair next year.
Mr. Kennet also pledged to establish a Victorian commercial
trade office in Thessaloniki as, he said, the city was a bridge
to the Balkans.
[18] National Bank aims at branches in Sydney, Melbourne
Athens, 13/12/1996 (ANA)
The National Bank of Greece is trying to upgrade its
representative offices in Australia into full branches and is
conducting an expert study on the viability of such an
enterprise.
Bank officials Ioannis Papanikos and Ioannis Agathos recently
visited Sydney and Melbourne to evaluate the operation of the
representative offices and Australian financial markets.
Mr. Papanikos said the bank had previously tried to upgrade its
presence in Australia in 1984 when the federal government
deregulated the banking system and issued operating licenses to
16 foreign banks.
"The report we submitted in 1984 unfortunately did not convince
the relevant Australian authorities and so we did not get the
license we had requested," he said.
"We haven't given up on our efforts, however. In 1994 we began a
new study to which we added new figures and this report will be
submitted as soon as it is finished to the competent
authorities... It is our view that the National Bank's two
branch offices in Melbourne and Sydney will be viable despite
strong competition since the deregulation of the banking system
in Australia," he added.
[19] Tax evading companies' names released
Athens, 13/12/1996 (ANA)
The Finance Ministry yesterday released a list containing the
names of 481 companies which, according to the fiscal and
customs authorities, were involved in instances of tax evasion
or smuggling.
According to the list, which states the violation committed by
each company and the penalty imposed, 53 businesses were
penalized for tax evasion by being closed down for several days.
A total of 165 companies evaded tax by receiving or issuing
false or forged invoices, with fines of over one billion
drachmas being imposed in the more serious cases, while 189
undertakings violated the law on smuggling and their cases are
pending before the administrative or judicial authorities.
The list also shows that 36 companies unlawfully received
agricultural subsidies.
Describing the tax and smuggling violations as "serious", the
ministry said it was obliged to give the list to Parliament and
the press under the provisions of Law 2362/95. The ministry said
similar lists of tax and customs violations would be ma de
public annually when the state budget is tabled.
The list includes three leasing companies which belong to the
Agricultural Bank of Greece, the Alpha Credit Bank and the
Hellenic Industrial Development Bank.
Another category concerns violations discovered during the
processing of confiscations, with fines exceeded 500 million
drachmas in some cases.
[20] National Bank of Greece introduces... holiday loan
Athens, 13/12/1996 (ANA)
The National Bank of Greece is to provide a special holiday loan
until January 10, 1997, to help its customers meet increased
demands during the Christmas and New Year period. The National
Bank announced that the loans, available at its network of
branch offices, will range between 500,000 and one million
drachmas and will be within the Bank of Greece's overall credit
limit for consumer loans. The interest rate will be 17.50 per
cent and the duration of the loans will be from six to 12 months.
[21] Israeli firms explore possibilities for joint ventures
Athens, 13/12/1996 (ANA)
Representatives of Israeli consulting companies visited Greece
this week for a series of meetings with corresponding Greek
companies in order to explore possibilities for joint ventures.
The meetings, held between December 9-11, took place at the
initiative of the Israeli Exports Institute and the Israeli
Embassy in Athens.
The delegation of the Israeli companies met with representatives
from 50 Greek companies and discussed possibilities to create
joint ventures in Israel, Greece, the Balkans and the Middle
East.
The Israeli delegation also met with officials from the national
economy and environment, town planning and public works
ministries as well as the Hellenic Industrial Development Bank
(ETBA) and the Exports Promotion Organization.
Speaking to reporters, Commercial Attachi at the Israeli
Embassy, Doron Abrahami, said the Israeli entrepreneurs were
impressed at the major infrastructure works in Athens and showed
interest in the creation of a "common economic co-operation axis
in Greece and the Balkans with the use of both countries'
competitive edges such as Israeli know-how and Greece's
traditionally good relations with the Balkan markets."
Commercial trade between the two countries recorded an all time
high in 1995, yielding $350 million, a 50 per cent increase
against the previous year.
[22] Greek businessmen in Yugoslavia for food fair
Belgrade, 13/12/1996 (ANA - M. Mouratidis)
More than 20 Greek businessmen are participating in the
international food & beverages fair "Prehrana '96" which opened
on Wednesday in Belgrade.
Meanwhile, an 18-member delegation from the Serres Economic
Chamber met on Wednesday with representatives of the Economic
Chamber of Yugoslavia, with discussions focusing on economic
co-operation between the two countries.
The Greek businessmen have expressed interest for business
co-operation in the fields of industry, agriculture, trade and
tourism.
In another development, National Bank of Greece representatives
are visiting Belgrade for talks with their counterparts in the
Central Bank of Yugoslavia and officials from the Ministry of
External Trade, aiming at opening a branch of the National Bank
of Greece in Yugoslavia.
Representatives of the Piraeus Bank also held consultations in
Belgrade this week regarding the bank's interest in creating a
sister company in the country, while Greece's Commercial Bank is
also interested in a joint venture with a bank in Yugoslavia.
End of English language section.
|