Athens News Agency: Daily News Bulletin in English, 97-01-23
From: The Greek Press & Information Office, Ottawa Canada <grnewsca@sympatico.ca>
ATHENS NEWS AGENCY BULLETIN (No 1096), January 23, 1997
Greek Press & Information Office
Ottawa, Canada
E-Mail Address: grnewsca@sympatico.ca
CONTENTS
[01] All-night intense Gov't activity targets end to seamen's strike
[02] SEB president cites economic damage from farmers' blockades
[03] Simitis says Baykal comments at Rome council expose Ankara's
aggressiveness
[04] Gov't spokesman comments on Turkish statements
[05] Romanian FM in Athens today
[06] Greece to assume command of S-FOR unit containing Greek
contingent
[07] State Dept. denies asking for moratorium in Aegean
[08] Bakoyianni holds contacts with US officials in Washington
[09] Gen. Tzoganis to visit Albania next month
[10] Pangalos briefs Tsovolas on foreign policy issues
[11] Resumed farmers' blockades threatened
[12] Arsenis, teachers' meeting proves fruitless
[13] Draft bill on ministerial responsibility approved by committee
[14] Diplomatic corps honored at presidential mansion reception
[15] Constantopoulos scheduled to visit Cyprus
[16] FM employees on strike today
[17] New improved cigarette filter to be introduced on Feb. 1
[18] Greek ambassador in Tirana confirms Berisha visit to Athens
[19] EU considers compensation for slaughtered livestock excessive
[20] Drachma slide eases against foreign currencies in 1996
[21] Metro consortium says project ready by 2000, if problems are
timely solved
[22] Xenia '97 opens
[23] Prospects for Athens bourse outlined
[24] Ouzo producer sold to French multi-national
[25] Tourist arrivals expected to rebound in '97
[26] Athens' budget ratified
[27] ND condemns V. Papandreou's comments during testimony on
Floisvos case
[28] Turkish tax officials conduct surprise audit on ethnic Greek
hospital
[29] Turkish immigrant smuggler convicted
[01] All-night intense Gov't activity targets end to seamen's strike
Athens, 23/01/1997 (ANA)
Intense amount of government activity, which began yesterday
afternoon and continuing through presstime, aimed at resolving
the ongoing seamen's and dockers' strike, blamed for enormous
transportation problems throughout the nation's ports.
Prime Minister Costas Simitis upon arrival from Rome yesterday
met with Merchant Marine Minister Stavros Soumakis, finance and
labor undersecretaries George Drys and Christos Protopapas,
respectively, focusing problems created by the strike, which has
been declared "illegal and abusive" by a Piraeus court. After
the meeting the three ministers held contacts with the
Panhellenic Seamen's Federation (PNO) at the merchant marine
ministry. PNO representatives were at presstime due to decide on
whether to continue their strike.
At the same time, serious problems have been reported in the
supply of goods and medicines on Greek islands, while about
1,000 Greek truck drivers are stranded at the Italian port of
Brindisi.
Meanwhile, a nationwide 24-hour strike today by the General
Confederation of Greek Workers (GSEE) to protest the
government's tax bill is expected to affect the country's
private and public sectors, with widespread disruptions forecast
in transportation services.
Municipal buses will not run from the beginning of the normal
shift today until 9 a.m., and from 10 p.m. until the end of the
day's shift (12 midnight).
Trolleys and the electric train will remain in depots and
stations from the beginning of the shift until 9 a.m., while a
work stoppage will be held by Olympic Airways employees from 12
noon until 3 p.m. Railway services will be suspended during the
entire 24 hours.
GSEE and the Athens Labor Center have organized a protest rally
at 10 a.m. in central Athens.
The main demands put by GSEE are the index-linking of tax
brackets to inflation and the increase - to 2 million drachmas -
of tax-free income.
Pensioners and workers in Kavala prefecture and the regions of
Thrace and eastern Macedonia will also participate in
mobilizations and are expected to rally the streets of Kavala at
10 a.m.
Thessaloniki workers will also rally at 10 a.m. at one of
Thessaloniki's central squares.
A three-hour work stoppage from 12 noon to 4 p.m. will also be
held in Thessaloniki by the workers at Thessaloniki's Urban
Transport Organization.
Commenting on the strikes and mobilizations, government
spokesman Dimitris Reppas told reporters that the government was
dealing with the problems facing the workers and employees with
responsibility and was focusing efforts on finding solutions.
Calling for "self-control and respect to society's operation
rules," Mr. Reppas said there was still "hope for understanding."
He also lashed out against main opposition New Democracy party
leader Miltiades Evert, accusing him of "adopting demands
independently of the consequences these may have on the country
in an effort to escape the serious problems he is facing within
his party."
The ND leader told reporters on Tuesday that the strikes were
triggered by people's indignation "stemming from fake
pre-election promises on the part of the government and the lack
of dialogue."
Regarding former premier and ND honorary president Constantine
Mitsotakis' statements on Tuesday, the spokesman said the
government responded to its obligations with prudence.
Mr. Mitsotakis said the government was watching the strikes "as
a mere spectator."
Asked as to whether Prime Minister Costas Simitis will visit
Thessaly to meet with farmers' representatives, Mr. Reppas said
Mr. Simitis had the intention of visiting the area.
Coalition of the Left and Progress leader Nikos Constantopoulos
requested a meeting with the premier to forward his party's
views on the issue.
Commenting on the on going seamen's and teachers' strikes, the
president of the Democratic Social Movement (DHKKI), Dimitris
Tsovolas, said that instead of giving solution to the problems
facing the seamen and teachers, the government was systematizing
"natural reactions within society," and using outdated and
anti-democratic tactics against the strikers.
In a related development, farmers in Irakleio, Crete, were
expected to meet last night to discuss the problems that have
arisen as a result of the seamen's strike, which has
particularly hurt Crete's farmers.
The 10-day blockade has now affected the supply of produce to
markets in Crete.
[02] SEB president cites economic damage from farmers' blockades
Athens, 23/01/1997 (ANA)
Speaking at a press conference yesterday, Federation of Greek
Industries (SEB) president Iason Stratos called on the
government to assume its responsibilities and enable the state
to operate appropriately, while allowing justice to demand
adherence to law .
Mr. Stratos expressed concern over repercussions new
mobilizations by farmers will have for Greek businesses. He said
farmers' mobilizations were not in line with the law and were
unjustified with respect to their application, even if their
demands are just.
SEB presented figures claiming that the damage for industry by
the blockading of national motorways in November and December
resulted in a decrease of industrial production amounting to 62
billion drachmas, or 0.8 per cent of total industrial production
for 1996 and countering increased trends in production in
relation to 1995.
Some 208,000 daily wages (representing remuneration for workers
amounting to two billion drachmas) were also lost, while a
decrease in the delivery of goods totaled 155 billion drachmas
(90 billion drachmas on the domestic front and 65 billion
drachmas abroad) which, according to Mr. Stratos, is already
creating serious liquidity problems for many businesses.
He added that businesses, particularly export-oriented firms,
are facing an increased risk of losing customers permanently and
even more so if blockades of motorways is repeated.
He also expressed opposition to the dockworkers' strike,
stressing that it harms the country's image and the
competitiveness of Greek products abroad.
[03] Simitis says Baykal comments at Rome council expose Ankara's
aggressiveness
Rome, 23/01/1997 (ANA - S. Aravopoulou/L. Hatzikyriakos)
Prime Minister Costas Simitis said yesterday that former Turkish
foreign minister Deniz Baykal's speech to the Socialist
International council meeting here had been characterized by
aggressiveness, which painted an adverse picture of Turkish
aspirations.
Speaking at a press conference in Rome at the end of the two-day
meeting, Mr. Simitis added that the address by the leader of
Turkey's Republican People's Party had been "highly
illuminating" for those present.
Mr. Simitis said Mr. Baykal had not taken into consideration the
sensitivity of Socialist International members on matters
relating to peace.
Mr. Baykal claimed at the meeting yesterday that Cyprus'
accession to the European Union was tantamount to a union with
Greece, while Nicosia's plans to deploy Russian-made
anti-aircraft missiles was an effort by the Greek Cypriots to
dominate the Turkish Cypriots.
Mr. Simitis praised Cypriot socialist EDEK party leader Vassos
Lyssarides, who replied to Mr. Baykal, saying his positions were
an affront to the Socialist International.
Mr. Lyssarides added that Mr. Baykal could not give lessons to
the EU on the accession of its members and that Turkey could not
have a different position concerning its own defense system and
the corresponding systems of other countries.
In a related development, former Spanish socialist prime
minister Felipe Gonzalez told Greek reporters that he personally
believed that the Socialist International could influence Turkey
to implement UN resolutions on Cyprus.
In later remarks, Mr. Simitis referred to issues discussed at
the council, such as the Middle East issue, the situation in
former Yugoslavia and the implementation of the Dayton
agreement, as well as the situation in Africa, and primarily in
the region of the great lakes. He also commented on the
Socialist International's future course and reshaping.
Mr. Simitis said the discussion concerned an assessment by
socialist parties of the overall course of international
relations in the world with the main target being peace,
stability, security, protection for human rights and democracy.
"We as Greece have supported policies promoting stability and
peace. For example, in connection with the Middle East issue we
stressed that it is necessary to have the dialogue between
Palestinians and Israelis continued and that agreements signed
should be implemented for peace to be consolidated in the
region," Mr. Simitis said.
[04] Gov't spokesman comments on Turkish statements
Athens, 23/01/1997 (ANA)
Government spokesman Dimitris Reppas later told reporters in
Athens that "statements by Turkish officials do not daunt us and
do not change Cyprus' armaments program".
Mr. Reppas made the statement when asked to comment on threats
on Tuesday by Turkish Premier Necmettin Erbakan and Turkish
Cypriot leader Rauf Denktash.
Mr. Erbakan said that Turkish warships would soon be sent to the
occupied part of Cyprus as an expression of support for the
illegal Turkish Cypriot regime.
"With their statements, the Turkish officials create additional
difficulties for efforts to find a solution to the Cyprus
problem, but also for Turkey itself," Mr. Reppas said.
Commenting on Nicosia's missile deployment plans, Mr. Reppas
said it was not possible for a country not to prepare its
defense "particularly when history has shown this to be
absolutely imperative".
Meanwhile, the spokesman rejected Athens newspaper reports
yesterday claiming that Cyprus and Greece had planned a joint
military exercise for the end of March. "There has been no such
planning," Mr. Reppas said.
Preparations for joint Greek-Cypriot exercises - dubbed
"Toxotis"- are proceeding normally, while another exercise is
expected to be held by August, after consultation with the
Cypriot leadership, sources at the national defense ministry
said.
The same sources said that the visit by Turkish warships to the
occupied part of Cyprus created no cause for concern, nor was
there any need for Greek navy vessels to go to ports on the
island republic.
The sources were commenting on reports that a Turkish frigate,
escorted by two or three auxiliary vessels, would head to the
occupied northern part of Cyprus on Friday.
The visit posed no danger to Hellenism on Cyprus, the sources
added.
[05] Romanian FM in Athens today
Athens, 23/01/1997 (ANA)
Romanian Foreign Minister Adrian Severin will be in Athens today
to meet with his Greek counterpart, Theodoros Pangalos.
Bilateral relations and the situation in the Balkans will be
discussed.
[06] Greece to assume command of S-FOR unit containing Greek
contingent
Athens, 23/01/1997 (ANA)
Greece will assume command of a unit which includes its
contingent in NATO's Stabilization Force (S-FOR) in Bosnia at
the beginning of March, sources said yesterday.
This will take place after the withdrawal of the Belgian
contingent which heads the unit now. The unit also comprises
contingents from Austria and Luxembourg.
The Greek contingent will be further strengthened, the same
sources added.
[07] State Dept. denies asking for moratorium in Aegean
Washington, 23/01/1997 (ANA - T. Ellis)
US State Department spokesman Nicholas Burns said yesterday that
Washington was not aware of an intention by Turkey to veto
NATO's enlargement eastwards if it were not admitted to the
European Union.
Replying to questions, Mr. Burns said that State Department's
southern Europe bureau chief Carey Cavanaugh had not asked the
Cypriot and Greek governments during his recent visit to the
area to extend a proposed moratorium of military flights over
Cyprus to the Aegean.
Referring to the Aegean, he said:
"Our positions regarding the Aegean are known. We think that
Greece and Turkey must jointly identify the steps for a
reduction in tension, the conflict between them and their
antagonism in the Aegean. If they wish to have the US as a
partner in this process, we would be ready to do it."
Referring to the recent increase in tension arising from the
increased procurement of weapons in the region, he said: "Turkey
has defense needs, as do Greece and Cyprus. We considered that
the purchase of the anti-aircraft missiles (by Cyprus from
Russia) does not help the efforts for peace."
In a related development, newly appointed US Defense Secretary
Bill Cohen told a Congressional committee on Bosnia that a
Greek-Turkish war would pose a threat to vital US interests
which could not be ignored.
"We know that if the war were allowed to spread south; if Greece
and Turkey were entangled and destabilization spread, we might
have found a vital national interest threatened and a need to
respond with a much greater force," he said.
[08] Bakoyianni holds contacts with US officials in Washington
Washington, 23/01/199 (ANA - A. Ellis)
Main opposition New Democracy party Deputy Dora Bakoyianni held
a series of contacts with US officials responsible for relations
with Greece during her brief stay here.
The former culture minister held talks with Assistant Secretary
of State John Kornblum, with whom she discussed, among others,
NATO's enlargement, as well as with members of the White House
National Security Council, Alexander Versbau and Richard Sifter.
She also met with the heads of the Greece, Cyprus and Turkey
bureaus at the State Department, with whom she discussed latest
developments in the region.
The US officials reportedly told Ms Bakoyianni that in their
view the time the Cypriot government chose to sign the agreement
to purchase Russian-made S-300 anti-aircraft missiles was
"mistaken" and presented her with the need for
confidence-building measures to be implemented, such as the
moratorium for flights over Cyprus.
Ms Bakoyianni also met with the diplomatic editors of the
newspapers "Washington Post" and "Washington Times."
Ruling PASOK party deputy Telemahos Hytiris was also in
Washington over the past few days. The former press minister
attended US President Bill Clinton's swearing in ceremony and
met with members of the Democratic Party.
[09] Gen. Tzoganis to visit Albania next month
Athens, 23/01/1997 (ANA)
The Chief of the National Defense General Staff Gen. Athanasios
Tzoganis will visit Albania next month for talks expected to
lead to a broadening of an existing Greek-Albanian military
accord, defense ministry sources said yesterday.
Meanwhile, the same sources said that the all-service map
exercise code-named "Alexandros" will be held in early February,
and last seven days. The sources added that Greece and Israel
might hold joint military exercises during the year following a
gradual strengthening in relations between the armed forces of
the two countries.
[10] Pangalos briefs Tsovolas on foreign policy issues
Athens, 23/01/1997 (ANA)
Foreign Minister Theodoros Pangalos and Democratic Social
Movement (DHKKI) leader Dimitris Tsovolas held a meeting
yesterday focusing on foreign policy matters with particular
attention being paid to the Skopje issue as well as
Greek-Turkish relations and the Cyprus issue. The meeting took
place following Mr. Tsovolas' request. After the meeting, the
DHKKI leader told reporters that "the mobility in the Cyprus and
Skopje issues does not serve our national interests."
Referring to the Greek-Cyprus joint defense doctrine, he said
that Athens and Nicosia should jointly decide on developments on
the island republic.
Meanwhile, sources close to DHKKI said Mr. Tsovolas was
concerned over developments in Greece's national issues.
According to the same sources, Mr. Tsovolas believes that the
United States and several European countries will increase
pressure for a solution to the Cyprus problem and to differences
with Turkey.
Regarding the Skopje issue, Mr. Tsovolas said Greece should not
accept the solution of a composite name.
[11] Resumed farmers' blockades threatened
Athens, 23/01/1997 (ANA)
The Macedonia-Thrace farmers' coordinating committee yesterday
decided to stage a protest rally in front of the Thessaloniki
International Fair (Helexpo) grounds, at the same time as the
scheduled opening of the AGROTICA exhibition of agricultural
machinery.
The decision signals the return to dynamic mobilizations that
erupted late last year, and which brought the country to a near
standstill with the blockade of national highways and rail lines.
"There will be escalation of mobilizations if the government
does not proceed to substantive dialogue," the committee warned
in announcing its decision.
Other action calls for protesting farmers to assemble tractors
in village squares on Feb. 3, with a view to blockading roads.
The dates are thought to be indicative of an intention to
coordinate action with protesting farmers from Thessaly, who
have already announced a beginning of mobilizations on Jan. 28.
[12] Arsenis, teachers' meeting proves fruitless
Athens, 23/01/1997 (ANA)
Education Minister Gerassimos Arsenis last night described a
meeting with striking school teachers' representatives as "good
and positive", although the meeting proved inconclusive.
Most teachers' representatives insisted that if increases of
70,000 drachmas a month are not granted the strike will continue.
Mr. Arsenis proposed the conversion of allowances for
extra-curricular work into overtime pay so that it may be
subject to increases and adjustments according to inflation. The
increases in basic pay asked by the teachers have been ruled out
by the government. A further meeting was also expected last
night, in the presence of a finance ministry official.
[13] Draft bill on ministerial responsibility approved by committee
Athens, 23/01/1997 (ANA)
A parliamentary committee yesterday approved in principle a
draft bill on ministerial responsibility. Justice Minister
Evangelos Yiannopoulos said the bill protects the credibility of
political figures from unfair accusations, while rapporteurs
from the main opposition New Democracy party as well as the
Communist Party of Greece (KKE) and the Coalition of the Left
parties disagreed with the bill on many points, voting against.
The Democratic Social Movement (DHKKI) rapporteur voted in
favor. The debate is continuing today on specific articles.
[14] Diplomatic corps honored at presidential mansion reception
Athens, 23/01/1997 (ANA)
President of the Republic Kostis Stephanopoulos gave a reception
at the presidential mansion last night in honor of the
diplomatic corps. The reception was attended by Prime Minister
Costas Simitis, former prime minister Constantine Mitsotakis,
party leaders and many foreign diplomats.
Earlier, President Stephanopoulos received Romanian Foreign
Minister Adrian Severin, who will have talks with Mr. Simitis
and Foreign Minister Theodoros Pangalos today. It was also
disclosed that Mr. Simitis will receive U S ambassador to Athens
Thomas Niles today.
[15] Constantopoulos scheduled to visit Cyprus
Athens, 23/01/1997 (ANA)
Coalition of the Left and Progress leader Nikos Constantopoulos
will visit Cyprus from February 3-5 for talks with President
Glafcos Clerides and political party leaders. During his stay,
Mr. Constantopoulos will also meet with members of the island
republic's academic community and society figures, Greek
Cypriots and Turkish Cypriots. The main focus of his talks will
be the latest developments in the Cyprus problem.
[16] FM employees on strike today
Athens, 23/01/1997 (ANA)
Foreign ministry employees will go on strike today to protest a
government-planned abolition of a special bonus for staff
working in Greek embassies and consulates abroad. Members of the
Diplomatic Employees Union will not participate in the strike.
[17] New improved cigarette filter to be introduced on Feb. 1
Athens, 23/01/1997 (ANA)
Three Athens-based researchers yesterday formally presented a
"revolutionary" cigarette filter they claim will make smoking
less harmful for hundreds of millions of smokers around the
world.
The three university professors unveiled their discovery to
Greek and foreign newsmen at a press conference organized by the
Greek Cooperative Tobacco Industry (SEKAP), the first cigarette
producer in the world to introduce the "bio-filter" in its
brands - expected for release on Feb. 1.
The researchers had announced details of their discovery at an
international symposium last week.
As previously reported, the "bio-filter" resembles conventional
cigarette filters in appearance, but its reportedly more
innovative design screens out short-lived carcinogens that
ordinary filters do not.
Athens University physiology professor Ioannis Stavridis said
the basic component of the bio-filter is hemoglobin (the body's
oxygen-carrier), which is found in the active carbon channels in
pre-determined conditions of moisture and pH.
Its components provide effective protection from the solid phase
of smoke (tar) as well as from the gas phase (oxygen free
radicals, nitric oxide and its derivatives), without altering
the taste of the cigarette and its aromatic elements.
The philosophy of the filter is simple, Prof. Stavridis says,
and is based on the principle that free radicals react only with
iron in the form in which it is found in the lung cells. Thus,
before reaching the lung the filter, which contains iron bound
to the heme of hemoglobin, acts as an artificial lung where all
the reactions take place. In this way, the carcinogenic
substances are trapped by the filter or neutralized, while those
not trapped never make it to the lung due to their extremely
short life-span (millionths of a second).
Prof. George Delikonstantinos, explaining the action mechanism
of the filter, said the carcinogenic nitrozocompounds are
blocked out, while the benzopyrene - one of the most powerful
carcinogens - is metabolized and retained in the filter. He
particularly stressed the biological filter's contribution to
protecting passive smokers.
Tests run among volunteers, he said, showed that the smoke
exhaled from a cigarette with a biological filter is 40 times
less toxic with respect to a quantity of oxygen free radicals
and noxious nitrogen oxides.
On his part, Prof. Stephanos Geroulanos pointed out that at
least 4,000 hazardous substances are freed with each puff on a
cigarette, and despite the fact that tar and nicotine are
considered as the main "culprits", there are many more
substances that are equally hazardous, such as nitrogen
monoxide, which when it enters the lungs activates the olveolar
microphases, which in turn produce thousands to hundreds of
thousands of free radicals. The more this figure rises, the
easier the lung is destroyed, a s emphysema is created.
The biological filter reduces all these substances by more than
70 per cent.
Ilias Seitanidis, the chairman of SEKAP, called on tobacco
industries around the world to use the bio-filter in order to
protect smokers and "passive smokers."
"Take our invention and use it," he said, adding that "we are
not encouraging non-smokers to start smoking, but we are saying
that those who do smoke could protect their health".
[18] Greek ambassador in Tirana confirms Berisha visit to Athens
Gjirokaster, 23/01/1997 (ANA - P. Barkas)
Greece's newly appointed Ambassador to Albania, Constantine
Prevedourakis, told reporters yesterday that Greece "is the best
advocate of Albania's approach to Europe," and confirmed news of
a forthcoming visit by Albanian President Sali Berisha to Greece.
According to Mr. Prevedourakis, Mr. Berisha is due to visit
Greece in March. His visit follows President Kostis
Stephanopoulos' visit to Albania last March.
Noting that Athens wished that Mr. Berisha could visit Greece at
an earlier date, Mr. Prevedourakis said the Albanian president's
visit to Greece "is serious, and a serious outcome is expected
of it."
He noted that Prime Minister Costas Simitis will also visit
Tirana.
Reiterating that Greek-Albanian relations were undergoing "a
period of grace," Mr. Prevedourakis also stressed the need to
reinforce relations between the two countries.
In comments concerning a recent "pyramid" style fraud case, he
said: "We hope (the fraud and its consequences) will not lead to
peoples' unrest and political instability of such dimensions so
as to lead the country backwards.
"Such a development," he added, "would lead to an increase in
illegal immigrants waves to Greece..."
[19] EU considers compensation for slaughtered livestock excessive
Athens, 23/01/1997 (ANA)
Greece may be called upon to return hundreds of millions of
drachmas to the European Union, as the Union reportedly
considers compensation to Thrace region farmers whose livestock
were slaughtered following outbreaks of cowpox and
foot-and-mouth disease a s too high.
The EU may also implement sanctions on individuals who assessed
the damage and seek a continuation of the "quarantine."
Thousands of livestock animals have been slaughtered in the
prefectures of Kavala, Xanthi, Rhodopi, and Evros.
[20] Drachma slide eases against foreign currencies in 1996
Athens, 23/01/1997 (ANA)
The drachma depreciated in 1996 against all foreign currencies
by 0.04 per cent and against European currencies by 0.36 per
cent, according to the monthly bulletin of weighted parity
indices compiled by the Exports Research and Studies Center
(KEEM).
The corresponding depreciation figures for 1994 were 5.0 per
cent and 5.6 per cent respectively, while in 1995, 3.36 per cent
and 4.35 per cent.
According to KEEM, the drachma depreciated against all EU
member-state currencies in December 1996 compared to the
previous month.
The extent of the drachma's loss in value ranged between 0.02
(Swedish krona) and 3.5 per cent (pound sterling).
[21] Metro consortium says project ready by 2000, if problems are
timely solved
Athens, 23/01/1997 (ANA)
Representatives of the Olympic consortium, which is overseeing
the construction of Athens' underground metro, yesterday
stressed that the project will be ready before 2000, if delays
stemming from recent archaeological finds in the Metropolitan
Cathedral and Keramikos areas are quickly solved.
The metro officials also said that any differences between the
Greek government and the consortium will be dealt with within
the framework of the existing agreement.
According to the representatives, prior to determining
additional costs, technical solutions must be found to these
problems. They added that they believe the added costs will be
equally shared by the consortium and the state.
[22] Xenia '97 opens
Athens, 23/01/1997 (ANA)
Merchant Marine Minister Stavros Soumakis yesterday evening
opened the "Xenia '97" tourism trade exhibition, noting that the
event has contributed to better promotion of Greece's tourism
sector.
Mr. Soumakis said his ministry contributed actively in the
nation's tourism development through efforts to upgrade ports
around the country.
Xenia '97 is held under the auspices of the development ministry
and the Greek Tourism Organization.
[23] Prospects for Athens bourse outlined
Athens, 23/01/1997 (ANA)
Prospects for the Athens Stock Exchange (ASE) was the focus of a
speech by Alexis Pilavios, chairman of the Association of
Institutional Investors and Managing Director of "Alpha
Investments" at a meeting in Athens yesterday, sponsored by
Delos Communications.
Some of the problems still facing the ASE, he said, included a
lack of specialized, experienced personnel on the administrative
committee, as well as delays in distributing information on
companies' financial status. In addition, the fact that there
are a large number of companies (230) with small numbers of
shares has resulted in a lower liquidation of shares, which
translates into a large gap between buying and selling prices.
This, he added, was not representative of the existing supply
and demand.
Moreover, the market had been given a bad name by the
considerable speculation resulting from the small number of
liquidations, combined with the existence of unjustified
fluctuations of trading of shares (plus or minus 8 per cent).
However, with a larger number of specialist personnel joining
its management, along with the distribution of quarterly
financial reports to begin in fall 1997, Mr. Pilavios felt the
ASE's prospects would improve.
"With an improvement of the infrastructure of the (ASE), higher
liquidity and lower interest rates, a new market will emerge
which will attract growth companies," he predicted, noting the
importance of the entrance of shipping and insurance companies
to the future of the bourse.
In the long-term, Mr. Pilavios believes that after the
introduction of the Euro, larger European companies will be
attracted to the idea of a unified European stock market, with
smaller companies joining regional stock exchanges with limited
investments .
"The Greek stock exchange seems secure as long as the Greek
economy is able to catch up with the rest of the economies of
other European Union members," he concluded.
[24] Ouzo producer sold to French multi-national
Athens, 23/01/1997 (ANA)
The sale of the Lesvos-based Epom company, which produces the
ouzo brands Mini, Lesvos and Fimi, to the multi-national
Pernod-Ricard group was officially announced on the eastern
Aegean island yesterday.
"The administrations of the Pernod-Ricard group and the Epom
company announce that a co-operation agreement has been
concluded in principle and in the framework of which the
Pernod-Ricard group, through its subsidiary SEGM, will
participate in the share capital of Epom, and at the same time
it will proceed through its international distribution network
to develop the company's ouzo products, and in particular, the
ouzo Mini..." an announcement read.
The announcement further said that the only obstacle remaining
to finalize the deal is its approval by the development
ministry's competition committee.
The company's price-tag, according to reports, was approximately
five billion drachmas, while the entire deal was concluded only
two days ago when representatives of the French multinational
company visited installations in Mytilene.
[25] Tourist arrivals expected to rebound in '97
Athens, 23/01/1997 (ANA)
The second quarterly report of the newly established Institute
of Tourist Research and Forecasts (ITEP) forecasts a significant
recovery in Greece's tourism sector this year.
On the basis of conservative estimates, ITEP, which belongs to
the Hoteliers' Chamber of Greece and is headed by Athens
University professor Panayiotis Pavlopoulos, says the increase
in tourist arrivals will be in the order of 8 to 10 per cent in
relation to 1996.
If realized, it is estimated that the corresponding increase in
foreign exchange receipts will amount to US$ 500 million, with a
1 per cent increase in national income - about one-third of the
expected GDP increase.
It is also projected that tourists from the emerging markets of
central and eastern Europe will especially contribute to the
increase, while the lifting of the embargo on the former
Yugoslavia alone could result in a 5 per cent (roughly 500,000)
rise in arrivals.
According to reports, the favorable estimates are already
reflected in a surge in contracts between foreign tour operators
and Greek hoteliers.
[26] Athens' budget ratified
Athens, 23/01/1997 (ANA)
The Athens municipal council achieved a majority vote in
ratifying the city's budget late Tuesday night, which is 6.3 per
cent higher than last year's budget.
The 1997 budget totals 114.64 billion drachmas as opposed to
107.44 billion in 1996.
"The budget has been drawn up with sincerity and aims at
improving the quality of life of the Athenians," Athens Mayor
Dimitris Avramopoulos said in his address.
Leaders of opposition groupings said the budget was false and
voiced criticism over the municipality's expenditures on public
relations and communication.
[27] ND condemns V. Papandreou's comments during testimony on
Floisvos case
Athens, 23/01/1997 (ANA)
Main opposition New Democracy yesterday reacted sharply to
comments by Development Minister Vaso Papandreou that the
behavior of members of a Parliamentary fact-finding committee
probing the ill-fated Floisvos casino license raises questions
of possible expediency in their judgment.
The minister testified before the committee on Tuesday,
yesterday distributed a written statement referring to suspect
bank accounts held by members of the committee. During her
testimony, she also described as a "glaring illegality" a joint
decision by Environment Minister Costas Laliotis and then
tourism minister Dionysis Livanos setting out the planning terms
for the casino.
On his part, ND party leader Miltiades Evert accused Ms
Papandreou of losing her cool and attempting to blackmail and
threaten the members of the committee.
"The blackmail is phenomenal, and what Ms Papandreou did is
immoral. She should be called to the chamber and provide
explanations," he said.
Meanwhile, two ND members on the committee, Belos and Kassimis,
threatened to file lawsuits against the minister. In addition,
Parliament President Apostolos Kaklamanis said he found the
minister's hints somewhat peculiar.
[28] Turkish tax officials conduct surprise audit on ethnic Greek
hospital
Istanbul, 23/01/1997 (ANA - A. Kourkoulas)
Turkish tax officials conducted a surprise audit at the ethnic
Greek hospital of Balukli yesterday, apparently inspired by
press reports from Athens over alleged funding of the foundation
by Greece.
A three-member team from the Istanbul central revenue service,
and not the local revenue service, under whose jurisdiction the
largest Greek foundation in Istanbul belongs, wanted to examine
in detail the foundation's accounting books.
Balukli is exempt from paying taxes. However, the Turkish
auditors claimed that the foundation is exempt from taxation for
revenues emanating from its activities in Turkey, "but not in
cases of huge amounts coming in from abroad."
Before the surprise audit took place, certain nationalist
newspapers and television channels had given widespread
publicity to allegations by Elpida Frangopoulou, a former
resident of Istanbul and current resident of Athens, that the
Balukli foundation "receives huge sums from the (Greek)
consulate for alleged expenses."
Ms Frangopoulou's allegations were aired in interviews with
certain Athens newspapers, where she attacked another ethnic
Greek woman living in Istanbul, and with whom she is at odds.
Balukli Foundation President Dimitris Karayiannis said "the
foundation has nothing to hide", but expressed concern over the
consequences which may arise from what he called "irresponsible"
allegations.
[29] Turkish immigrant smuggler convicted
Athens, 23/01/1997 (ANA)
A Turkish national was convicted yesterday of attempting to
smuggle 13 Iraqi illegal immigrants onto the eastern Aegean
island of Lesvos.
Hosgelen Aidin, 25, appeared before a court on the island and
was sentenced to 10 years' imprisonment, as well as a fine of 14
million drachmas. He was arrested by coast-guard officers
shortly after midnight Tuesday when his boat ran aground after
being forced into shallow waters by a Greek coast-guard vessel.
The illegals said they each had paid US$ 1,500 to Aidin to take
them to Lesvos.
He is being held at police headquarters in the city until
transportation to a prison on the island of Hios.
End of English language section.
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