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Athens News Agency: Daily News Bulletin in English, 97-01-16

Athens News Agency: Daily News Bulletin in English Directory - Previous Article - Next Article

From: The Greek Press & Information Office, Ottawa Canada <grnewsca@sympatico.ca>

ATHENS NEWS AGENCY BULLETIN (No 1090), January 16, 1997

Greek Press & Information Office
Ottawa, Canada
E-Mail Address: grnewsca@sympatico.ca


CONTENTS

  • [01] Simitis links equal EU participation with national interests
  • [02] Opposition
  • [03] Reppas denies reports of discord between Tsohatzopoulos, Pangalos
  • [04] Anastasopoulos re-elected Europarliament VP for fourth time
  • [05] Simitis points to Turkey as 'main destabilizing factor' in region
  • [06] Tsohatzopoulos condemns any linking of Aegean, Cyprus
  • [07] Dutch FM van Mierlo: Cyprus problem must be solved before accession talks
  • [08] Belgium cancels Turkish weapons deal
  • [09] Ecumenical Patriarchate metropolitan convicted by Turkish court
  • [10] Laliotis urges demolition of illegal construction aggravating flooding in Attica
  • [11] Pangalos briefs Stephanopoulos on national issues
  • [12] Holy Synod convenes to select date for election of new Alexandria Patriarch
  • [13] Culture ministry confirms Lyceum's palaestra
  • [14] Greek film series opens in Belgian capital
  • [15] Mediterranean islands' infrastructure the focus of conference
  • [16] Report blames six officers for delay in responding to Dystos accident
  • [17] Draft decree on illegal immigrants forwarded to respective ministries
  • [18] Ships remained anchored for third day
  • [19] Air traffic controllers announce strike actions
  • [20] Gasoline price increase
  • [21] Evros wants industrial zone, Fotiadis says
  • [22] OTE expects profits of 304 billion this year
  • [23] Franchising gains foothold in Greece and Balkans, conference told
  • [24] EET's new role expounded
  • [25] Tourism and transport seminar

  • [01] Simitis links equal EU participation with national interests

    Athens, 16/01/1997 (ANA)

    Prime Minister Costas Simitis said yesterday that Greece's goal of equal participation in the European Union was closely linked to the country's foremost national interests.

    "It must be understood by all that if we remain on the fringes of European developments, the repercussions will be severe and dangerous, not only for the economy and society but national issues also," Mr. Simitis told a meeting of his ruling PASOK party 's Parliamentary group.

    In the other European countries, he noted, there was general consent as to the main targets of convergence, while "this is not the case in Greece."

    The premier said this was due to the main opposition (New Democracy) party, which he claimed "instead of being a responsible force of criticism, has become involved with unbelievable improvisations and fickleness vis-a-vis the country's European course".

    Mr. Simitis described the government's economic measures as "necessary and just", underlining that "all Greeks are being called upon to contribute proportionally to the national effort."

    "Our economic policy protects workers' incomes and improves the social infrastructure in the sectors of education, health, social welfare and the insurance system," Mr. Simitis said.

    He also referred to the way with which government policy is exercised, the government's priorities and Turkish provocativeness.

    On the question of government policy and the government's targets, Mr. Simitis said the PASOK government is not carrying out its work with a view to being self-serving, but useful for the people and the country.

    "We are a government to achieve great national targets for the benefit of all society and particularly the weaker strata," he said.

    Mr. Simitis said his government was not interested in balances, which he said were paid for dearly by the Greek people and undermined the future of younger generations.

    Mr. Simitis further said that PASOK did not rule the country so that a party nomenclature or powerful groups could obtain special privileges and posts providing power. He added that PASOK must acquire a new relationship with society and the people, and has no need for populism because it is a part of the people.

    In the framework of these new relations, he said the government avoided using the "language of promises" in its discussions on the farmers' problems. He also said it avoided covering up real problems, while the feeling prevailing among his ministers was that both the government itself and the farmers were faced with a common problem.

    Mr. Simitis said if the government bowed to a policy of benefits, on the one hand, it would throw away the only possible and useful economic policy, and on the other, it would create even greater problems for the agriculture sector.

    In support of his policy, Mr. Simitis referred to a Chinese proverb saying: "Give a fish to a hungry man. He will eat for one day and be hungry again. Teach him how to fish and he will never go hungry in his entire life."

    Concluding, he added that Greece is one of the few countries in Europe where wages are increasing in real terms, where there are special benefits for people on low pensions and where (budget) allocations are increasing for health, social welfare and the insurance system.

    The current year "will be one of great opportunities and major choices for Greece," he noted.

    [02] Opposition

    Athens, 16/01/1997 (ANA)

    In response to the prime minister's speech, main opposition New Democracy party said in a statement that Mr. Simitis had engaged in a "vain attempt to conceal his government's complete lack of policy."

    The prime minister "is guided by a mentality of submissiveness and subservience, concessions and prevarications," the statement read.

    On his part, Political Spring (Pol.An) party leader Antonis Samaras said Mr. Simitis had engaged "in exercises of vague assurances of abstract policy," and called on him to immediately explain what negotiations he was forecasting for 1997, and "what great decisions and which issues he is referring to."

    [03] Reppas denies reports of discord between Tsohatzopoulos, Pangalos

    Athens, 16/01/1997 (ANA)

    Government spokesman Dimitris Reppas yesterday denied newspaper reports claiming a difference of view between National Defense Minister Akis Tsohatzopoulos and Foreign Minister Theodoros Pangalos on the issue of a possible moratorium on the flights of Greek and Turkish military aircraft over Cyprus.

    Replying to questions, Mr. Reppas reiterated that Greece remained open to anything which could facilitate any initiative aimed at finding a settlement to the Cyprus problem in order to make such an initiative effective.

    Turning to comments about the prime minister's associates by PASOK Secretary Costas Skandalidis in an interview recently, Mr. Reppas said the prime minister was not in the habit of "forming closed power circles".

    He added that at Tuesday's meeting of the party's Executive Bureau, Mr. Simitis had brought up the issue with Mr. Skandalidis who had clarified that he was not happy with the way the interview had been construed.

    [04] Anastasopoulos re-elected Europarliament VP for fourth time

    Strasbourg, 16/01/1997 (ANA - M. Spinthourakis)

    Main opposition New Democracy Eurodeputy George Anastasopoulos was elected fourth in the first round of elections for the Europarliament's 14 vice-presidents on Tuesday, gaining 296 votes against 247 - the absolute majority required.

    Shortly after the results were announced, Mr. Anastasopoulos expressed his satisfaction at being elected Vice-President of the Europarliament for the fourth time in a row. He also thanked his associates for "showing once again that they know how to appreciate the dedication and performance of each person."

    PASOK Eurodeputy Paraskevas Avgerinos was also re-elected as Vice-President, coming in 10th and receiving 271 votes in the second round.

    [05] Simitis points to Turkey as 'main destabilizing factor' in region

    Athens, 16/01/1997 (ANA)

    Prime Minister Costas Simitis yesterday accused Ankara of trying to change the status quo in the Aegean and of provocativeness on Cyprus, describing Turkey as "the main destabilizing factor" in the greater region.

    He was addressing the ruling PASOK party's Parliamentary group.

    Noting a recent increase of Turkish provocativeness, Mr. Simitis said the government has undertaken an international campaign to brief and explain the current situation in the eastern Mediterranean.

    Citing the European Union's July 15 decision and recent statements by the US State Department, Mr. Simitis said Greece's effort had already produced results.

    On many occasions, he continued, Turkey's actions merely reflect domestic rivalry and for this reason they should not be blown out of proportion by the Greek side.

    The premier added that it would be a mistake if Athens allowed itself to be dragged into an atmosphere of crisis.

    "We would be playing into Turkey's hands because it would be tantamount to accepting that there is a problem when in fact the so-called problem has simply been created by Ankara," Mr. Simitis said.

    The prime minister reiterated that Greece would confront Turkish provocativeness with cool-headedness.

    He added, however, that the country's security was not a two-sided power game between Greece and Turkey, "but chiefly the result of overall correlations within the international system".

    Commenting, meanwhile, on statements yesterday by Turkish Islamist Premier Necmettin Erbakan concerning the demilitarization of Cyprus and the Aegean islands, government spokesman Dimitris Reppas said the two regions were quite distinct and could not be compared.

    "The Aegean is a sea, sovereignty of which is determined by international law, while Cyprus is a state under occupation," Mr. Reppas noted.

    [06] Tsohatzopoulos condemns any linking of Aegean, Cyprus

    Athens, 16/01/1997 (ANA)

    Greece will oppose Turkey's efforts to link the issues of Cyprus and the Aegean, National Defense Minister Akis Tsohatzopoulos stressed in Parliament yesterday, reiterating that the first issue relates to invasion and occupation.

    He added that Turkey had also changed its aggressive doctrine since 1995, seeking to change the status quo in the Aegean.

    "The Cyprus issue is one of invasion and occupation, and Turkey's aggressiveness is due to the fact that Cypriot entry to the European Union is approaching. Faced with this aggressiveness, Greece shows cool-headedness and resolve and supports Cyprus' en try to the EU, but also the completion of its defensive capability," he said.

    He described the recent Turkish reaction to Cyprus' intended purchase of Russian S-300 surface-to-air missiles by Cyprus as "hysteria", which he said was countered by repeated statements by US State Department spokesman Nicholas Burns.

    "It is precisely this hysteria which confirms Turkey's aggressive and destabilizing role," he said, adding that he would submit specific facts and information regarding this role during next week's session of Parliament's defense and foreign affairs committee.

    "We are not the aggressors. On the contrary, we are a force of peace, security and co-operation, and the readiness and competence of the Greek armed forces gives us the confidence to face this threat," he added.

    [07] Dutch FM van Mierlo: Cyprus problem must be solved before accession talks

    Strasbourg, 16/01/1997 (ANA - M. Spinthourakis)

    The president of the European Union's Council of Ministers, Dutch Foreign Minister Hans van Mierlo, yesterday said that the Cyprus problem must be solved before the beginning of accession talks for Cyprus' entry into t he EU, otherwise, "there is a danger of both the EU's and NATO's expansion being sidelined."

    He made the statement while presenting the Dutch presidency's plans for its six-month term, which began on Jan. 1.

    Addressing Eurodeputies, Mr. van Mierlo stressed that the 15-member Union is fully aware of this possibility, and for this reason it must make every effort for a lasting solution to be found to the Cyprus problem.

    "Dialogue will have to continue with all interested parties, including, of course, Turkey," he said, noting that the dialogue began with the United Nations and the United States.

    The Dutch foreign minister stressed the importance of efforts for a solution to Cyprus to be made "with one and only one agenda, and for there not to be secret agendas."

    The entry of Cyprus into the EU cannot depend on one country only, "whichever one this is," Mr. van Mierlo stressed, adding that a solution to the problem "is in the interests of all. It is in the interests of Turkey, whose relations with the European UN ion are in danger."

    [08] Belgium cancels Turkish weapons deal

    Brussels, 16/01/1997 (ANA - G. Daratos)

    The Belgian government announced yesterday that it was canceling a deal to supply Turkey with US-made surface-to-air Hawk missiles, saying it wanted to avoid throwing further "oil on the fire" of Greek-Turkish relations.

    Athens has criticized the sale - handled through French electronics giant Thomson - by both the Belgian and Dutch governments to supply the missiles to Turkey.

    Meanwhile, the Human Rights Watch Organization (HRW) has accused Ankara of acquiring excessive quantities of modern weapons systems that could be used in an opaque way for suppression of the Kurdish rebellion in its southeastern provinces and engage in systematic violation of the human rights of inhabitants in the region.

    The non-governmental organization said Turkey was negotiating with the United States and Europe on the purchase of four CH-47 Chinook personnel carrier helicopters, worth US$135 million, 30 AS-532 Cougar combat helicopters, worth $400 million, 50 S-70 B lack Hawk personnel carrier helicopters, worth $1.1 billion, 54 modernized F-4 "Phantom" fighters armed with 30 Popeye missiles, worth $600 million, as well as a program for material and technical support for its fleet of F-16 fighters, worth $125 million.

    [09] Ecumenical Patriarchate metropolitan convicted by Turkish court

    Istanbul, 16/01/1997 (ANA - A. Kourkoulas)

    A Turkish court yesterday sentenced an Ecumenical Patriarchate metropolitan to five months in prison, for having officiated over an Easter Saturday evening mass held in the Bulgarian community's church in the Phanar district here.

    Sources told the Athens News Agency yesterday that the Metropolitan of Laodikeia Iakovos was convicted by a misdemeanors court in the Turkish city of Fatih. The decision, which has not yet been officially publicized, does not mean, however, that the metropolitan will be incarcerated.

    The case was brought to court following a lawsuit brought against the metropolitan by a plaintiff identified Muzindar Cipov, a member of the Bulgarian parish's administrative board.

    Mr. Cipov claimed that the presence of Iakovos at the Easter service in the Bulgarian parish constituted part of an effort by the Ecumenical Patriarchate to "Hellenize" the Bulgarian community.

    The Turkish court also issued the same sentence on the Vice-President of the Bulgarian community for inviting Iakovos to officiate the service.

    However, several members of the small Bulgarian community in Istanbul said Mr. Cipov does not express their opinion, adding that the Bulgarian community remains faithful to the Ecumenical Patriarchate and the Metropolitan of Laodikeia.

    In an unrelated incident, the church of Agia Marina in the village of Shinoudi on the island of Imvros was burgled

    Metropolitan of Imvros and Tenedos Fotios told ANA that unknown suspects broke the church's door and stole an icon, a cross and silver trays. Metropolitan Fotios has called on the Turkish authorities to ensure the capture of the perpetrators, while he noted that 10 years ago, two similar burglaries occurred in the Agios Georgios church in the Agioi Theodoroi community.

    [10] Laliotis urges demolition of illegal construction aggravating flooding in Attica

    Athens, 16/01/1997 (ANA)

    Environment Minister Costas Laliotis yesterday urged municipal authorities in the eastern Attica region "to get the bulldozers out" and knock down all structures illegally built, especially ones erected over filled-in drainage ditches and creeks.

    Illegal construction is blamed for causing problems in drainage and thereby contribute to flooding.

    He assured them that as much money would be made available as necessary.

    Meanwhile, main opposition New Democracy leader Miltiades Evert, who toured the flood-stricken Fthiotida prefecture yesterday, said the damage to infrastructure, particularly the road network, was of biblical proportions, and much of it attributable to a lack of preventative measures, such as maintenance of bridges, clearance of river beds etc.

    He said he would bring the issue up for discussion in Parliament in order to force the government to be committed to a specific timetable for the restoration of damage, and adoption of measures that will prevent the re-occurrence of such problems in future.

    On her part, Communist Party (KKE) secretary general Aleka Papariga tabled a question in Parliament asking for the stricken regions to be declared in a state of emergency, and for full compensation of the victims.

    In a related development, the Agricultural Bank has announced favorable loan terms for the farmers affected by the recent floods.

    [11] Pangalos briefs Stephanopoulos on national issues

    Athens, 16/01/1997 (ANA)

    Foreign Minister Theodoros Pangalos yesterday visited President of the Republic Kostis Stephanopoulos and briefed him on the course of national issues.

    According to sources, Mr. Pangalos briefed Mr. Stephanopoulos on his recent visit to Belgrade as well as on US envoy Carey Cavanaugh's talks in Athens and Nicosia concerning Cyprus and Greek-Turkish relations.

    [12] Holy Synod convenes to select date for election of new Alexandria Patriarch

    Alexandria, 16/01/1997 (ANA)

    The Holy Synod of the Alexandria Patriarchate convened yesterday under the presidency of the Commissioner of the Throne, Metropolitan of Johannesburg and Pretoria Pavlos, focusing on the date of the election of the new Patriarch of Alexandria.

    The Holy Synod finally decided that the election of the Patriarch, who will succeed the late Patriarch Parthenios, will take place on Friday, Feb. 21 at the Agios Savvas Metropolitan Cathedral in Alexandria.

    The new Patriarch of Alexandria and all Africa, who will be the 114th, will be elected by a plenary session of the Clerical and Secular Assembly, which is composed of 196 members.

    [13] Culture ministry confirms Lyceum's palaestra

    Athens, 16/01/1997 (ANA)

    The culture ministry has confirmed that a palaestra (wrestling arena) discovered during excavations at the building site of a modern art museum off Rigillis Street, near Syntagma Square in downtown Athens, belongs to the ancient Lyceum of Aristotle.

    The exact location of the school, considered one of the three most renowned academies of philosophy in classical Athens, had hitherto been unknown.

    A statement yesterday said excavations had uncovered the largest part of the palaestra, which is in very good condition, according to the ministry.

    It was constructed in the 4th century BC, which lends credence to ancient historian Pausanias' reference to the Lyceum as being one of the many projects sponsored by the orator Lycurgus. It remained in use until the end of the 4th century AD, and its various construction phases bear signs of all the significant historical events of the intervening period.

    [14] Greek film series opens in Belgian capital

    Brussels, 16/01/1997 (ANA)

    Culture Minister Evangelos Venizelos yesterday inaugurated the film series "Panorama of Greek Cinema", which is part of the current International Film Festival here.

    The series opened with a performance of Michael Cacoyiannis' "Attila 1974", centering on events related to the Turkish invasion of Cyprus.

    Before the opening, Mr. Venizelos gave a press conference to foreign correspondents on Thessaloniki's assumption of the role of Cultural Capital of Europe this year.

    [15] Mediterranean islands' infrastructure the focus of conference

    Athens, 16/01/1997 (ANA)

    An international conference on infrastructure development on Mediterranean islands will be held in Irakleion, Crete, from Feb. 6-8, at the initiative of the Technical Chamber.

    The Technical Chambers of Western Crete, the Dodecanese, Corfu, Cyprus and the architects' unions of Corsica, Cagliari, Palermo and the Balearic islands will also co-sponsor the event.

    The purpose of the conference is to contribute towards improving infrastructures in Mediterranean islands, according to a press conference given on its program yesterday.

    [16] Report blames six officers for delay in responding to Dystos accident

    Athens, 16/01/1997 (ANA)

    An inquiry into the capsizing of the dry-bulk carrier "Dystos" off the port of Kymi last month, which claimed the lives of 20 people, including two women and a child, has placed the blame for the delay in responding to the accident on two officers at the merchant marine ministry's operation rooms and on four ranking officers of the Kymi port authority.

    Merchant Marine Minister Stavros Soumakis told reporters yesterday that the six officials would be called on to make statements to the chief of the port authority Vice-Admiral Pericles Ousantzopoulos in the next three days. The officer will then recommend to the minister the imposition of disciplinary measures.

    Mr. Soumakis has the final decision on the form these measures will take.

    The report will now be placed at the disposal of a Halkida prosecutor conducting an investigation into the causes of the accident.

    In a related development, the lone survivor of the accident, Christos Anagnostou, gave testimony for a full three hours before the deputy prosecutor of the Standing Maritime Court of Piraeus yesterday.

    According to sources, the young seaman reiterated the testimony contained in his previous two appearance before officials conducting an inquiry into the accident.

    Mr. Anagnostou refused to speak to reporters after giving testimony but his father, Vangelis, an executive with the owner company of the Dystos AGET-Heracles, said he condemned all press speculation trying to blame his son for the accident.

    [17] Draft decree on illegal immigrants forwarded to respective ministries

    Athens, 16/01/1997 (ANA)

    A draft presidential decree on legalizing illegal immigrants in Greece has been brought to the attention of several ministries for consideration.

    A special preparatory committee anticipated by Law 2434/1996 has essentially completed its work and, if no new complication appears, ratification and publication of the decree is expected concerning the residence and employment status of individuals considered "illegal immigrants."

    According to reports, the decree anticipates that every foreigner, with the exception of citizens from European Union member-states, within two months from the law's application will have to appear at offices of the Organization for the Employment of Human Resources (OAED) and declare their full identity, address, specialty, employer or sector where employment is sought.

    This time limit can be given a two-month extension by decision of the labor minister. Foreigners failing to present themselves for registration will not be entitled to legalization and, if detained, will be deported.

    OAED will provide illegal immigrants with a "temporary residence permit card", which will also act as a temporary work permit. The card will have a six-month duration and can be renewed for only three months, and after a relevant committee gives its approval.

    A foreigner provided with such a card has the same labor rights and obligations as a Greek national, including insurance rights and deductions.

    Additionally, the public order or national defense minister has the right to suspend the validity of a card for security reasons.

    [18] Ships remained anchored for third day

    Athens, 16/01/1997 (ANA)

    Ships remained tied up in ports for the third consecutive day yesterday as seamen extended a nationwide strike for another 4 8-hours, after talks with the merchant marine ministry ended in deadlock.

    The stoppage, which affects Greek-flag vessels of all categories as well as foreign ships employing Greek seamen, will end at 6:00 a.m. Friday. The seamen are pressing demands for increased insurance and unemployment benefits, an increase in minimum pensions and preservation of existing tax breaks.

    The extension of the seamen's strike has created problems for perishable garden produce cultivators on the island of Crete, whose produce risk rotting in the trucks waiting to transport them.

    Producers from Ierapetra - thousands of tons of whose produce are stranded in trucks waiting for transport - threatened to go to Iraklion to slash the ropes tying the stranded merchant ships to the dock.

    The move was averted after arrangements between the merchant marine ministry and a Piraeus-based maritime company for the latter to send a ferry to a Cretan port, most likely Rethymnon, this afternoon to transport dozens of trucks loaded with perishable produce to the port of Kalamata, from where the produce will head for the markets of Europe, mainly Munich, and the rest of Greece.

    Crete, whose shores are washed by the Libyan Gulf, has a milder climate than the rest of the country and produces early fruit and garden produce.

    Merchant Marine Minister Stavros Soumakis told a press conference yesterday that the strike was "unjustified", stressing that the government had already given all it could and "will not give in to such methods".

    He said the strikers' demand concerning a reduction in crew levels was a matter which should be discussed between the seamen and shipowners so that an acceptable solution could be found which the ministry would then ratify with legislation.

    Meanwhile, the lorries arriving at Piraeus port will remain there until Friday morning when the strike is due to end, unless it is further extended, in which case the problems for Greece's islands are expected to be acute.

    [19] Air traffic controllers announce strike actions

    Athens, 16/01/1997 (ANA)

    The Federation of Civil Aviation Unions (OSYPA) yesterday announced warning work stoppages and 24-hour strikes to protest the abolition of several bonuses.

    OSYPA said two four-hour work stoppages starting at 2 p.m. tomorrow and on Sunday are planned.

    Air traffic controllers announced a four-hour strike for 2 p.m. Sunday.

    Meanwhile, technicians at the Civil Aviation Authority (YPA) have announced three 24-hour rolling strikes for tomorrow, Saturday and Sunday, ending at midnight Sunday.

    [20] Gasoline price increase

    Athens, 16/01/1997 (ANA)

    The retail sales prices of super and unleaded gasoline will increase by 0.20 drachmas per liter as of today and for a week. On the other hand, the retail sale price of motor oil will decrease by one drachma per liter. Lastly, the retail sale price of heating oil will remain unchanged at 108.4 drachmas per liter.

    According to an announcement by the Development Ministry and the Public Petroleum Corporation (DEP), the adjustments in prices occurred due to a change in the international prices of fuel.

    [21] Evros wants industrial zone, Fotiadis says

    Athens, 16/01/1997 (ANA)

    The Evros prefectural government has proposed the establishment of a trans-border industrial zone in the region of Ormenios, Evros, a proposal which the national economy ministry is examining "in a positive light", ministry Secretary-General Apostolos Fotiadis said yesterday.

    Mr. Fotiadis, after chairing a meeting on the proposal, called the initiative "very worthwhile and innovative, which will bring relief to a very sensitive, from a national point of view, region".

    The initiative hopes to halt Greek business concerns from relocating to Bulgaria, as their continued presence on Greek territory would financially and psychologically boost this downgraded region, which is the European Union's easternmost border, Mr. Fotiadis said.

    A team of technocrats is being set up to submit specific proposals to Mr. Fotiadis in a month's time, regarding the feasibility of the initiative and on the legal aspects.

    [22] OTE expects profits of 304 billion this year

    Athens, 16/01/1997 (ANA)

    The Hellenic Telecommunications Organization (OTE) said yesterday it would be recording profits for 1997 totaling 304 billion drachmas, compared to 250 billion drachmas in 1996, marking an increase of approximately 22 per cent.

    Speaking at a press conference attended also by Transport and Communications Minister Haris Kastanidis, the OTE presidium said the organization would be distributing a dividend of 160 drachmas per share for financial year 1996.

    According to the recently approved general budget, OTE's income for 1997 is estimated at 840 billion drachmas, and over one trillion drachmas for 1998.

    The organization's expenditures for 1997 are estimated at 535 billion drachmas, a 9.5 per cent increase on the 1996 figure of 488 billion drachmas.

    Mr. Kastanidis said the course of OTE's share had been encouraging since 8.0 per cent of stock was admitted to the Athens Stock Exchange nine months ago.

    He said the committee overseeing the procurement of 377,000 digital phones to cover the requirements of the first half of 1997 would soon award the contract to the lowest bidder, while OTE would satisfy 150,000 new applications for telephone lines.

    [23] Franchising gains foothold in Greece and Balkans, conference told

    Athens, 16/01/1997 (ANA)

    An international conference wound up its first day of sessions here yesterday with the conclusion that the institution of franchising had excellent prospects for further development in Greece.

    At the same time, franchising was giving rise to major business opportunities in the other Balkan countries, a region regarded by delegates as "virgin" territory.

    The conference, organized by the magazine "The Economist" at a central Athens hotel, is being attended by prominent figures in the franchising sector, such as Don DeBolt, president of the International Franchise Association and Manfred Maus, president o f the European Franchise Federation.

    It was clear at the conference that a number of major international companies, mainly American, intended to use franchising as a vehicle to expand their presence in Greece and the other Balkan countries.

    According to figures presented at the conference, franchising has developed in recent years in Greece chiefly in the sectors of foodstuffs, drinks and restaurants, with about 40 companies using the system as a basis for their operation - 25 of which are Greek and most of the rest American. Franchising has also gained a foothold in the branches of clothing, furniture, cosmetics, car hire, advisory services and porcelain.

    [24] EET's new role expounded

    Athens, 16/01/1997 (ANA)

    National Bank of Greece Governor and President of the Union of Greek Banks (EET) Theodoros Karatzas referred to the new role undertaken by the EET in past years and to the crucial responsibilities it is shouldering.

    Speaking at a press conference yesterday on the occasion of the Union's 70th anniversary, Mr. Karatzas said that in a liberalized and dynamic market banks invest in highly-trained staff and in advanced technology, trying to continuously develop new activities and open new markets.

    Mr. Karatzas said general proposals for the further development of the banking sector, proposals for the creation of a definite institutional framework for derivative fiscal products, implementation of legislation on money laundering, bank security and codes of established practice constitute examples of the determination of EET's members to convey their knowledge through it to the market being activated.

    He said the activities of EET contribute to the consolidation of the competitiveness of the Greek capital and money market and to the attainment of the common strategic target which is to render Greece an international fiscal center in the wider region of the Balkans, the Middle East and north Africa. Professor Stavros Thomadakis then presented a new book by Athens University professor Costas Kostis titled "Co-operation and competition - 70 years of the EET."

    [25] Tourism and transport seminar

    Athens, 16/01/1997 (ANA)

    A seminar on Greek tourism and air transport will be held today at the Divani Caravel hotel in Athens. The seminar has been organized by the Association of Greek Tourist Enterprises, the Union of Air Traffic Controllers and Olympic Airways and aims at finding practical solutions to the main problems affecting air transport in Greece and averting any problems which may arise at Greek airports this tourist season.

    End of English language section.


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