Athens News Agency: Daily News Bulletin in English, 97-12-11
From: The Greek Press & Information Office, Ottawa Canada <grnewsca@sympatico.ca>
ATHENS NEWS AGENCY BULLETIN, (No 1364), December 11, 1997
Greek Press & Information Office
Ottawa, Canada
E-Mail Address: grnewsca@sympatico.ca
CONTENTS
[01] EU presidency to take Greece's legitimate concerns into account
[02] No Simitis-Yilmaz meeting scheduled
[03] Santer outlines EU-Cyprus-Turkey ties
[04] Papandreou says Turkey's attitude to EU membership must change
[05] Bomb explosion damages V. Papandreou's political office
[06] .. Reactions
[07] Simitis defends agreement on new NATO structure
[08] Athens FIR regulations again violated by Turkish warplanes
[09] Reppas-Burns meeting
[10] Reppas welcomes Burns statements
[11] Macedonia-Thrace minister visits US
[12] UNESCO incorporates several Greek manuscripts
[13] Gov't unconcerned by new opinion poll
[14] Clerides receives ANA's Christodoulides
[15] Northrop Grumman defense industry seeks partner in Greece
[16] Tsohatzopoulos on change of military's structure
[17] G. Papandreou to attend meeting on legalization of narcotics
[18] Gov't will consider Article 19, spokesman says
[19] Karamanlis briefed by Venizelos on 2004 Olympics
[20] Synaspismos conference on prospects for Cyprus solution begins
[21] KKE, AKEL delegations confer
[22] Christmas bonus by IKA will be paid, Papaioannou says
[23] DEP changes name to Hellenic Petroleum
[24] Hellenic Steel changes
[25] Charm series for Xenophon Monastery
[26] Greeks flock to sit for public service examinations
[27] National Bank of Greece names board for London subsidiary
[28] Greek interbank rates return to pre-crisis levels
[29] Greek stocks end flat in edgy budget trade
[30] Thessaloniki's Hyatt casino projects hefty '97 turnover
[31] Prosecutor: No charges be filed in digital phone contract case
[32] Laliotis on bill concerning transparency in public works
contracts
[33] EU funds for archaeological sites in eastern Macedonia, Thrace
[34] Conference focuses on 7-year military junta
[01] EU presidency to take Greece's legitimate concerns into account
Athens, 11/12/1997 (ANA)
Luxembourg Prime Minister Jean-Claude Juncker, the current
president of the European Union Council, held talks with Premier
Costas Simitis yesterday on issues to be discussed at this
week's EU summit in Luxembourg, including the question of
whether Turkey should participate in the proposed European
Conference.
Greece has objected to the conference as being unnecessary. The
Paris-backed body would include countries wishing to join the
EU. Mr. Simitis reiterated that as ma-ny countries as possible
should be able to join the EU, as long as certain rules were
observed with regard to safeguarding European principles.
Mr. Juncker, who was due to meet with Turkish Prime Minister
Mesut Yilmaz yesterday night in Ankara, said after yesterday's
meeting that the EU presidency would take Greece's legitimate
concerns into account.
"We will take Greece's views into account as far as possible,"
Mr. Juncker said.
He added that all European countries could become members of the
EU if they fulfilled the conditions established in Copenhagen,
particularly those concerning respect for human rights and good
neighborly relations.
At the same time, he pointed out that the enlargement of the EU
to include central and eastern European states and Cyprus was a
different issue to EU-Turkey relations. Mr. Simitis stressed
that accession talks between Cyprus and the EU should begin as
scheduled in April. Mr. Juncker agreed that negotiations with
all eleven prospective members should begin at once, but that
each country should be dealt with separately according to its
degree of readiness, adding that these negotiations would not be
concluded simultaneously.
Much of yesterday's meeting was taken up with discussion of
European Economic and Monetary Union, particularly with regard
to the coordination of economic policies and support for the
political aspect vis-a-vis the independence of the European
Central Bank.
The Luxembourg prime minister said he hoped for agreement
between the 15 member states on the question of an informal
monetary council. He also pointed out that the states not
included in the euro currency must realize that those states
which are included would wish to discuss certain issues between
themselves.
The Luxembourg presidency, he stressed, wished to contribute to
building a bridge between the two groups.
Mr. Juncker proposed that ECOFIN remained the cornerstone of the
European Union's economic policy and that relevant decisions
would be taken by all 15 member states.
[02] No Simitis-Yilmaz meeting scheduled
Athens, 11/12/1997 (ANA)
No meeting has been scheduled between Mr. Simitis and his
Turkish counterpart Yilmaz on the sidelines of the European
Union summit in Luxembourg later this week, according to
government spokesman Demetris Reppas.
However, the spokesman said a meeting had not been ruled out.
He added that one might take place Saturday evening if the EU
presidency held a reception and depending on whether Mr. Simitis
had not already returned to Athens. The summit is due to end on
Friday night.
[03] Santer outlines EU-Cyprus-Turkey ties
Brussels, 11/12/1997 (ANA - M. Spinthourakis/CNA)
European Commission President Jacques Santer has called on
Turkey to give the EU "signs" of its intention to contribute to
better relations with Greece and work towards a settlement of
the Cyprus question.
He also urged Turkey to show a constructive attitude towards
Cyprus' EU accession.
Speaking at a press conference two days before tomorrow's EU
Council, Mr. Santer said the EU should "seize the opportunity"
to clinch a package deal with Turkey, if that country meet
certain terms.
He identified these as establishing good-neighborly relations
with Greece, full support to international efforts to settle the
Cyprus question and a constructive attitude with regard to
Cyprus' membership course.
Turkey, Mr. Santer said, must also accept that bilateral
territorial disputes must be submitted to the International
Court in The Hague.
"We have to avoid the actual risk of an impasse which would
weigh on Cyprus' accession negotiations, as well as our
relations with Turkey", Mr. Santer said.
He said Turkey has asked the EU for an unequivocal
reconfirmation of its European orientation and its eligibility
for accession, a place in the proposed European Conference and
implementation of the customs union, including the accompanying
financial protocol.
The Commission, he added, has already put forward "a certain
number of other ideas to enhance its relations with Turkey".
"I am of the opinion that if such a package appears feasible,
the opportunity must be seized", he pointed out.
Mr. Santer said relations with Turkey are important in economic
and geopolitical terms for the Union and expressed the hope that
the EU Council would make progress on this score.
[04] Papandreou says Turkey's attitude to EU membership must change
Brussels, 11/12/1997 (ANA)
Turkey's participation in an expanded European Union is an issue
because Turkey is in the paradoxical position of wanting to join
the EU yet not allowing Cyprus or the Turkish Cypriots the same
luxury, Alternate Foreign Minister George Papandreou said late
on Tuesday, in Parliament.
Mr. Papandreou was speaking during the off-the-agenda debate on
Greece's course in the European Union. He said that Cyprus was
the only candidate country which met all Maastricht criteria and
could immediately join the EU and noted Cypriot President
Glafcos Clerides's invitation to Turkish-Cypriots to participate
in accession procedures through the legitimate Cypriot
government.
For the first time, Mr. Papandreou said, Turkish Cypriots can
see for themselves that the Turkish occupation regime is a
hindrance to their equal participation in the European Union.
Greece is interested in seeing a European orientation in Turkey,
the minister said.
"Turkey's participation in the EU does not pass through Brussels
or through Athens, but through Turkey itself: it is clearly an
issue for Turkey to deal with," he said.
[05] Bomb explosion damages V. Papandreou's political office
Athens, 11/12/1997 (ANA)
A strong explosion rocked a central Athens building just before
6 p.m. yesterday, causing serious damage to several apartments
and stores, as well as slightly injuring a bomb disposal expert.
The blast occurred at the building's - 15, Omirou street -
sixth floor, where Development Minister Vasso Papandreou has her
political office. The explosion was reportedly detonated after
the mistaken handling of bomb disposal expert Pieros Xanthakos,
who was trying to de-activate the homemade device, according to
reports.
A caller later claimed that the terrorist group "Fighting
Guerrilla Formation" was behind the bombing attack at Ms
Papandreou's offices, with a telephone call to the SKAI radio
and television stations.
According to the unidentified individual the attack was prompted
from the government's decision to give a gold mining contract to
the Canadian firm TVX. The caller claimed that the time of the
explosion was intentionally misstated so police would at least
be wounded.
Before the blast, an anonymous caller had phoned the
"Eleftherotypia" newspaper and warned of the explosive device,
which led police to cordon-off the area surrounding the
building. However, the explosion did not detonate at the time
the caller had warned.
The police officer attempting to dispose of the bomb was then
taken to hospital with minor wounds in his hands and legs.
A second call by the same person, according to the newspaper
switchboard operator, was received at the newspaper a few
minutes after the first call, warning of a second bomb at the
Canadian TVX company's offices in Kolonaki.
Police searched the building but no explosive device was found.
Another explosive device at the development ministry building
(Mihalakopoulou street) was successfully de-activated last week.
[06] .. Reactions
Athens, 11/12/1997 (ANA)
"The government will not be discouraged by such actions from
forces moving in the dark," Development Minister Vasso
Papandreou said after the attack.
She added that such activities were aimed against society, not
against a minister or the government.
Government spokesman Demetris Reppas also strongly condemned the
attack, describing it as a "cowardly criminal act".
PASOK, the Communist Party of Greece (KKE) and the Coalition of
the Left and Progress (Synaspismos) yesterday condemned the bomb
attack as well.
"...PASOK and its cadres cannot be terrorized. We will continue
without deviations the realization of our policies, targeting a
better future for the citizens and the country," a PASOK
statement read.
[07] Simitis defends agreement on new NATO structure
Athens, 11/12/1997 (ANA)
Greece has lost nothing by NATO's new operational structure, on
the contrary, it won its participation in developments in which
it had no share since 1974, Prime Minister Costas Simitis said
last night in Parliament replying to questions by opposition
leaders.
Mr. Simitis underlined that until now Greece was a mere observer
of NATO-sponsored military maneuvers in international waters in
the Aegean, which were held with Turkey and other countries'
participation.
He stressed that the country's national sovereignty was not in
any way limited by the establishment of the four NATO regional
headquarters in southeast Europe, saying that the alliance's new
structure was not a treaty/agreement that could be ratified by
the Greek Parliament, but an internal, administrative
arrangement.
The PM further said that if Greece wanted to secure
international support, this could neither be achieved by a
"nationalistic isolationism", or by staying away from
developments. He stressed Greece must be present in developments
and negotiate any difficulties and questions to arise.
The leader of the Communist Party of Greece (KKE) Aleka Papariga
accused the premier of acquitting NATO for the role it will play
in the Aegean and Cyprus, asking that the issue over the
alliance's new structure should be examined in Parliament again.
Nikos Constantopoulos, the leader of the Coalition of the Left
(Synaspismos), underlined the need for guarantees to eliminate
the eventuality of Turkish demands against Greece. Such
guarantees, he said, should be based on the texts of NATO's new
structure and on a provision to deal with one member-country
attacking another.
Demetris Tsovolas, the leader of the Democratic Social Movement
(DHKKI) wondered whether Greece's right to extend its
territorial waters to 12 nautical miles had been taken into
account in NATO's new structure.
In a related development, National Defense Minister Akis
Tsohatzopoulos last night briefed Parliament's foreign affairs
committee on the issue.
[08] Athens FIR regulations again violated by Turkish warplanes
Athens, 11/12/1997 (ANA)
Six pairs of Turkish F-16 fighters infringed Athens Flight
Information Region (FIR) regulations early yesterday, national
defense ministry sources said.
The same sources said the six pairs of Turkish warplanes flew
near the islands of Lesvos, the northern Sporades as well as 25
miles south of Kassandra peninsula, all without previously
submitting flight plans.
In all instances, the Turkish jet-fighters were intercepted by
Hellenic Air Force fighters.
Earlier, the Turkish fighter planes had violated Greek national
airspace twice over Agios Efstratios island, the sources said.
On its part, Turkey's general staff yesterday denied that
Turkish warplanes violated Greek airspace, especially over
Thessaloniki, Larissa and Skyros.
[09] Reppas-Burns meeting
Athens, 11/12/1997 (ANA)
Press Minister and government spo-kesman Demetris Reppas met
yesterday the new US ambassador to Athens Nicholas Burns.
The meeting was held at Mr. Reppas' office and after a request
by Mr. Burns, as part a framework of his contacts with Greek
government officials. According to reports, Mr. Reppas briefed
Mr. Burns on several issues of Greek concern and, additionally,
referred to issues regarding the situation prevailing in the
Greek press.
Mr. Burns said his briefing by the Greek minister was positive,
adding that contacts with Greek government members will continue.
[10] Reppas welcomes Burns statements
Athens, 11/12/1997 (ANA)
Comments made by new US Ambassador to Greece Nicholas Burns
during a meeting with Economy and Finance Minister Yiannos
Papanto-niou on Tuesday were "not a problem", said government
spokesman Demetris Reppas.
Mr. Burns said the US "fully supported Greece's efforts to
modernize its economy".
"There is nothing reprehensible about praising the government's
economic policy even if that praise comes from a foreign
government. No political conclusions should be drawn from such
statements," he said.
[11] Macedonia-Thrace minister visits US
Washington, 11/12/1997 (ANA - T. Ellis)
Macedonia-Thrace Minister Philippos Petsalnikos, who ended a
visit here yesterday, had contacts with US Assistant Secretary
of State Mark Grossman and the US Secretary of State's advisor
on the initiative for co-operation in SE Europe, Richard Shifter.
Mr. Petsalnikos discussed northern Greece's and Thessaloniki's
role as a link between the EU and the west with the developing
economies of the Balkans.
[12] UNESCO incorporates several Greek manuscripts
Vienna, 11/12/1997 (ANA - D. Dimitrakoudis)
Greek manuscripts at Austria's National Library have became part
of UNESCO's "international cultural heritage" program.
These manuscripts were termed as a "unique cultural heritage".
Among the 1,000 manuscripts are the Book of Genesis in the Old
Testament, and "Dioscourides", a Greek copy of a Roman doctor's
work, dated 512 A.D.
[13] Gov't unconcerned by new opinion poll
Athens, 11/12/1997 (ANA)
An MRB opinion poll released yesterday gave cause for neither
euphoria nor displeasure on the part of the government, its
spokesman Demetris Reppas said yesterday. The poll, carried out
on behalf of Mega television, showed the ruling PASOK party to
be five points behind the main opposition New Democracy party.
Support for Prime Minister Costas Simitis himself had dropped to
36.5 percent. The highest approval rating was for Athens Mayor
Demetris Avramopoulos at 72.3%.
Mr. Reppas said the only thing that concerned the government was
to resolve the problems of the Greek people and that is why it
had been voted into power in 1996. He noted that Mr. Simitis had
been elected prime minister when PASOK had been trailing ND in
the opinion polls by 10 points.
[14] Clerides receives ANA's Christodoulides
Nicosia, 11/12/1997 (ANA)
Cyprus President Glafcos Clerides received Athens News Agency
(ANA) General Director Andreas Christodoulides yesterday, with
the latter briefing the Cypriot head of state on co-operation
programs between ANA and the Cyprus News Agency.
Mr. Christodoulides is currently paying an official visit to the
island republic at the invitation of CNA.
On his part, President Clerides briefed the ANA general director
on developments regarding the Cyprus issue. At noon, Mr.
Christodoulides attended a luncheon given in his honor by
Greece's ambassador to Nicosia Kyriakos Rodousakis.
In a brief address, Mr. Rodousakis referred to the progress and
development of ANA and stressed that its information bulletins
were an assistance to the work of diplomats in various countries.
Last night, Mr. Christodoulides was due to attend an official
dinner given in his honor by CNA board chairman Anthos Lykavgis.
[15] Northrop Grumman defense industry seeks partner in Greece
Athens, 11/12/1997 (ANA)
Northrop Grumman of the US, a world leader in the defense
industry, is seeking a partner in Greece to help manufacture
high-technology products and aid expansion into southeast
European markets.
According to US embassy officials in Athens, Northrop Grumman is
one of many American defense firms that are interested in
securing a foothold in Greece, which invests actively in the
region.
Also luring US companies is a high-technology defense
procurement plan over the next decade, budgeted at roughly four
trillion drachmas, unveiled last year by the socialist
government.
A member of NATO and the European Union, Greece is also
strategically placed to act as a base for firms abroad to enter
markets in the Balkans, eastern Europe and the Black Sea region.
"Interest shown by many American firms is focused not only on the
sale of a weapons system but also the quest for a Greek
partner," Patrick Santillo, the US embassy's counselor for
commercial affairs, said.
Mr. Santillo was speaking at a presentation held in Athens last
week by Northrop Grumman International Inc., a subsidiary of the
Los Angeles-based corporation.
"An equally important issue is that when an allied country such
as Greece acquires a US system, Americans always offer generous
training and information on all the equipment's capabilities,
with no secrecy," Mr. Santillo said.
In addition, US firms seeking Greek partners are eyeing the
whole country, and not just the Athens area. New jobs could be
created in the regions, where unemployment is high.
Representing Northrop Grumman at the presentation was William
James, president of Northrop Grumman International Inc. of
Virginia. The corporation is a leading designer, systems
integrator and manufacturer of bomber, fighter and surveillance
aircraft, commercial and military aerostructures, precision
weapons, space systems, electronic countermeasures and
information systems.
It is prime contractor for the US Air Force's B-2 stealth
bomber, and principal subcontractor to prime contractor
McDonnell Douglas for part of the US navy and marine corps
F/A-18 Hornet strike fighter. Posting 1996 sales of over eight
billion dollars, Northrop Grumman, has manufactured more than
400 electronic air defense systems for 12 countries. It has
around 52,000 employees.
In July, the group launched co-operation with Lockheed Martin
Corporation, which will lead to creation of the largest high
technology defense systems company in the world.
On Monday, the US State Department gave McDonnell Douglas, which
is owned by Boeing, the go-ahead to compete with its F-15 jet
fighter in a tender for the Greek government's arms procurement
plan.
It has already issued a similar decision for Lockheed to take
part with its F-16 jet fighter.
A rival in the same tender is the EF-2000 Eurofighter jet, which
is manufactured in four European Union countries.
[16] Tsohatzopoulos on change of military's structure
Athens, 11/12/1997 (ANA)
National Defense Minister Akis Tsohatzopoulos yesterday spoke in
Thessaloniki at a high-ranking military officers' meeting
regarding changes in the armed forces' structure.
Mr. Tsohatzopoulos earlier commented on Turkish violations of
Greek air space.
He said that it is not a matter of violations of Greek air
space, but concerns infringements of the Athens FIR's region of
responsibility.
Mr. Tsohatzopoulos also touched on a meeting with National
Defense General Staff Chief Gen. Athanasios Tzoganis and other
top military commanders, saying "the study for changing the
armed forces' structure is at an advanced stage, and in this way
we will find out how effectively Greece reacts to new demands..."
The closed-door meeting took place at the Third Army Corps
headquarters.
[17] G. Papandreou to attend meeting on legalization of narcotics
Brussels, 11/12/1997 (ANA - G. Daratos)
Alternate Foreign Minister George Papandreou is attending a
two-day meeting here today, organized by the "radical
anti-prohibition movement" on the legalization of mild narcotics.
Apart from the Greek minister, the event is attended by many
European and EU officials.
During the sessions today, discussion will focus on a special
recommendation contained in a report by president of the
European Commission's committee for narcotics, Hendi d' Ancona.
The report, which has been adopted by the Europarliament's civil
freedoms committee, deals with legalization of the use of all
drugs - legalization of hashish and its byproducts,
generalization of policies on reduction of dangers involved in
the use of drugs and reform of international treaties banning or
regulating the use of narcotics.
Ways and methods to reform the European strategy on drugs will
be debated during the second day tomorrow.
[18] Gov't will consider Article 19, spokesman says
Athens, 11/12/1997 (ANA)
The government will deal with the issue of the Constitution's
Article 19 concerning the citizenship code "in due course"
spokesman Demetris Reppas said yesterday.
According to the provisions of Article 19, citizens belonging to
ethnic minorities are stripped of their citizenship when they
emigrate with the intention of not returning to Greece.
Mr. Reppas said that in Greece everyone was equal before the law
and the state, with the situation to be envied by many
countries, although he admitted that there was room for
improvement. He said he shared many individuals' concern over
the issue and t hat the government felt there should be no
second-class citizens.
[19] Karamanlis briefed by Venizelos on 2004 Olympics
Athens, 11/12/1997 (ANA)
Culture Minister Evangelos Venizelos held talks with main
opposition New Democracy party leader Costas Karamanlis
yesterday, starting a series of contacts to brief party leaders
on the organizing framework for the Athens 2004 Olympic Games.
"The success of the 2004 Olympic Games is not only an issue for
the government but for the entire country," Mr. Venizelos said
afterwards.
Mr. Karamanlis was briefed by Mr. Venizelos and Sports
Under-secretary Andreas Fouras at a meeting held in a friendly
atmosphere at ND's offices in Rigillis Street.
The meeting was also attended by Stavros Dimas and Tzannis
Tzannetakis, on the part of ND.
[20] Synaspismos conference on prospects for Cyprus solution begins
Athens, 11/12/1997 (ANA)
Cyprus' prospects for accession to the European Union, the US
initiative on the Cyprus problem and the individual aspects of
the political problem were the focus of yesterday's opening
session of a conference organized by the Coalition of the Left
and Progress (Synaspismos) at the Zappeion Hall in Athens.
Synaspismos President Nikos Constantopoulos opened the two-day
conference, entitled "The Cyprus problem: A Prospect for
Solution?", which is being attended by political personalities,
representatives of Greek Cypriot and Turkish Cypriot parties and
academics.
Mr. Constantopoulos said that the new developments - Cyprus'
course towards EU accession and the new NATO structure - created
new opportunities, but he also expressed hope that they would
not also create new tension that could prospectively lead to
partition of the island republic.
He said 1998, after the presidential elections in Cyprus, would
be a critical year for the Cyprus issue and, in the time
remaining, the two communities on the island republic should try
to create conditions for dialogue aiming at a solution of the
problem.
Cyprus ambassador in Athens Haralambos Christoforou agreed that
1998 would be a crucial year for the Cyprus issue, and expressed
the Nicosia government's desire to collaborate for a solution to
the political problem, calling on the Turkish side to follow
suit. He also said the US initiative was expected to intensify
after the Cypriot elections.
Cyprus MP Nikos Katsourides, a member of the AKEL political
bureau and director of the "Haravghi" newspaper, endorsed a
bi-zonal, bi-communal federation founded on the basis of
sovereignty, and ensuring refugees the right to return to their
homes as well as respect for human rights. He said the present
system of guarantees would not work in the future, and proposed
its expansion.
Mr. Katsourides expressed reservations on the EU policy on
Cyprus, saying the European Union was not interested so much in
whether Cyprus became a member or in what solution was given to
the Cyprus problem but was primarily concerned for reasons of
stability in the region. He also observed a turnabout in the EU
stance towards the Turkish Cypriots, whom he said it recognized
in essence as a second state entity.
Mehmet Ali Talat, the leader of the Republican Turkish Party of
Cyprus rejected the idea of unification of the Turkish Cypriot
community with Turkey and of the Greek Cypriot community with
Greece as a solution.
He also rejected partition as a solution to the political
problem, and implied that he favored Cyprus' European
orientation, but with the equal participation of the Turkish
Cypriots, with the reasoning that "it is not easy for the one
(Greek Cypriots) to represent the other (Turkish Cypriots)".
Mr. Talat warned that the present status quo was dangerous for
Cyprus, and endorsed a bi-zonal, bi-communal federation, adding
that the issue of sovereignty was open to discussion.
He further supported the inclusion of Turkey in the proposed
European Conference.
[21] KKE, AKEL delegations confer
Athens, 11/12/1997 (ANA)
Delegations of the Communist Party of Greece (KKE) and the
Cypriot leftist AKEL party, headed by their respective leaders,
Aleka Papariga and Demetris Christofias, held talks in Athens
yesterday. According to an announcement by KKE, the talks
focused on "the latest developments on the Cyprus issue in light
of the (Cyprus) presidential elections" scheduled for this
coming February. KKE expressed its solidarity for the struggle
of the Cypriot communists and the people of Cyprus in general,
and wished AKEL success.
[22] Christmas bonus by IKA will be paid, Papaioannou says
Athens, 11/12/1997 (ANA)
There is no question of the (Christmas) bonus not being paid by
the Social Insurances Foundation (IKA) due to a lack of cash,
since 45 billion drachmas were secured from the national economy
ministry on Tuesday, Labor and Social Insurances Minister
Miltiadis Papaioannou said yesterday.
Mr. Papaioannou was speaking at a conference on the "European
employment strategy and the importance of training", jointly
organized with the European Center for the Development of
Professional Training (CEDEFOP).
Mr. Papaioannou referred to the creation of four pilot centers
for the promotion of employment, due to start immediately in
Athens, Thessaloniki, Kallithea and Patissia and will soon
spread all over the country.
He said young people and the longtime unemployed constitute a
priority for the government and by the end of May a program on
the overall policy on employment will be delivered to the
European Commission.
Commenting on government policy on unemployment, Labor
Under-secretary Christos Protopapas said decisions taken at the
Amsterdam summit were important, where the EU's social policy
deficit was ascertained and the foundations were laid for a
collective course towards strengthening employment.
[23] DEP changes name to Hellenic Petroleum
Athens, 11/12/1997 (ANA)
The Public Petroleum Corp. (DEP) will change its name to
Hellenic Petroleum.
DEP Managing Director Eleftherios Tzellas said that the
name-change is connected to the company's planned public
offering.
DEP's 1997 profits to date are 19.2 billion drachmas, according
to available figures.
[24] Hellenic Steel changes
Athens, 11/12/1997 (ANA)
The management of the Hellenic Steel Co. announced yesterday the
latest changes in the company's share ownership.
A general assembly meeting last month approved the sale of 51.3
per cent of the shares owned by the Japanese company Itochuto
Sowestra. Sowestra is managed by the Italian company ILVA, of
the Riva Group.
At the same time it was announced that an investment of three
billion drachmas in the company's new galvanizing line had been
completed. The unit produces high quality and advanced
technology products for the Greek market and exports to western
Europe.
[25] Charm series for Xenophon Monastery
Athens, 11/12/1997 (ANA)
To mark the 1,000th anniversary of the founding of the Monastery
of Xenophon in the all-male monastic community of Mount Athos, a
noted Athens jeweler unveiled a New Year charm for 1998,
depicting details from the marble parapet of the first icon
screen of the old altar of Agios Georgios (St. George), dating
to the 10th century A.D.
Jeweler Makis Michalas said that he had been assisted in his
selection by the monastery's abbot, Archimandrite Alexios, and
other monks at the monastery. Other items in the 1998 charm
series include pendants, broaches, earrings, cufflinks, cups,
bookmarkers, frames and other desk accessories in a combination
of gold, silver, bronze and plexiglass.
[26] Greeks flock to sit for public service examinations
Athens, 11/12/1997 (ANA)
Some 117,316 Greeks have applied to sit for entry to the public
service in nationwide exams to be held early next year,
according to an announcement yesterday.
The number is approximately 10,000 more than the number applied
for the last public service examination in 1995.
The overwhelming response for the 2,353 positions were centered
mainly on the 769 positions in secondary education, for which
96,325 people have applied. Only one in 125 candidates will
succeed in getting the much-coveted position. Some 13,291
applications were submitted for 1,022 positions in tertiary
education and 7,700 for 562 openings in technical education.
Overall, the ratio of candidates to openings is about 1:50.
However, more than 50 percent of those eligible to sit the exam
failed to turn up in 1995.
According to figures from Thessaloniki, three in four candidates
for the 104 positions in the Thessaloniki prefecture are women.
Meanwhile, main opposition New Democracy criticized the
government for not practicing what it preached, saying the
government's commitment to replacing every five departing civil
servants with one new appointment was not being followed.
ND spokesman Aris Spiliotopoulos said figures showed that
appointments in the second half of 1997 had totaled 3,228 and
departures 4,776 - in other words, a ratio of 1:1.47 and 1:5.
"With this irresponsible and unscrupulous policy, the Greek
economy will not converge with the European Union," Mr.
Spiliotopoulos said.
[27] National Bank of Greece names board for London subsidiary
Athens, 11/12/1997 (ANA)
National Bank of Greece, Greece's largest commercial bank,
yesterday named the board of directors for its subsidiary NGB
International, an investment bank based in London.
NGB International will focus on international investment banking
with the aim of bringing its parent company closer to
international capital markets.
Nikos Karamouzis, National Bank's deputy governor, was appointed
as chairman of the board whose members include Panagiotis
Stellakis, Demetrios Pavlakis, Ioannis Makris and Panagiotis
Venetis, all senior executives in other subsidiaries in the
National Bank of Greece Group.
[28] Greek interbank rates return to pre-crisis levels
Athens, 11/12/1997 (ANA)
Greek interbank interest rates dropped substantially to return
to their pre-crisis levels yesterday.
The overnight rate was set at 9.80 percent and the one-month
rate at 11 percent at the end of the day.
The one-month Athibor rate fell by 1.0 percent to 12.5 percent.
According to bankers, Athibor is likely to edge down to around
11 percent on Thursday.
[29] Greek stocks end flat in edgy budget trade
Athens, 11/12/1997 (ANA)
Greek equities ended mixed to higher yesterday on the Athens
Stock Exchange reflecting investors' nervousness ahead of a
parliamentary debate on the socialist government's 1998 budget
beginning on December 17.
Traders said the move by major Greek banks to lower interest
rates, signaling the end of a period of higher-cost money in the
aftermath of last month's monetary turmoil, had yet to boost
market sentiment.
The general index closed 0.18 percent higher at 1,566.62 points.
Trading was heavy with turnover at 26.1 billion drachmas
representing heavy arbitrage trading.
Sector indices were mixed. Banks fell 0.20 percent, Leasing rose
0.33 percent, Insurance increased 0.04 percent, Investment ended
0.06 percent down, Industrials rose 0.34 percent, Construction
fell 0.36 percent, Holding was 0.29 percent off and
Miscellaneous dropped 2.28 percent.
The parallel market index for small cap companies rose 1.23
percent.
Broadly, decliners led advancers by 119 to 95 with another 24
issues unchanged.
Radio Athina, Intertyp, Parnassos and Selonda scored the biggest
percentage gains at the day's upper limit, while Fintexport,
Mochlos, Halyps Cement and Balkan Export suffered the heaviest
losses.
National Bank of Greece ended at 27,000 drachmas, Ergobank at
15,995, Alpha Credit Bank at 17,390, Delta Dairy at 3,550, Titan
Cement at 13,250, Intracom at 14,500 and Hellenic
Telecommunications Organization at 6,350.
[30] Thessaloniki's Hyatt casino projects hefty '97 turnover
Athens, 11/12/1997 (ANA)
The Hyatt Regency Casino in Thessaloniki expects revenues this
year to reach 38 billion drachmas, which translates into an
average daily income of more than 100 million drachmas.
It is also estimated that by the end of the year, the number of
visitors to the casino will reach about 1.25 million people, or
an average of 3,500 visitors daily. Profits this year are
estimated to be between three and 3.5 billion drachmas, as
compared to last year's recorded loss of three billion. In the
four years of the casino's operation, the Greek state has
received a total of about 315 billion drachmas.
Hyatt is also building a new hotel near the casino, which will
be ready in 1999 - expected to cost 40 billion drachmas.
[31] Prosecutor: No charges be filed in digital phone contract case
Athens, 11/12/1997 (ANA)
An Athens prosecutor has proposed to a relevant judicial council
that 68 defendants should not be charged in connection with the
procurement of 1.1 million digital phones for the Hellenic
Telecommunications Organization (OTE) by the Intracom and
Siemens companies several years ago.
It is reminded that tendering for the procurement of the above
digital phones had taken place in March 1994 and had been
awarded to the two aforesaid companies. However, following
relevant accusations by the then deputy Andreas Andrianopoulos
and reports in the press, a preliminary inquiry was ordered in
1994 by prosecutor Georgios Zorbas. The investigation lasted for
several months, while prosecutor Christoforos Tzanakakis ordered
further inquiries which he assigned to the current prosecutor,
Lambros Karambelas.
Afterwards, a plenary of Athens appeals court judges, which
convened on the specific case, ordered prosecution against
anyone responsible and the carrying out of a main investigation
by two special investigators.
[32] Laliotis on bill concerning transparency in public works
contracts
Athens, 11/12/1997 (ANA)
Environment, Town Planning and Public Works Minister Costas
Laliotis told Parliament yesterday that transparency and
effectiveness in awarding and carrying out public work contracts
is secured by a relevant bill. During a discussion at a relevant
committee where representatives of agencies set out their views,
Mr. Laliotis said "excessively low discounts are rejected
through the bill."
"With the implementation of the previous law 2229 discounts had
been drastically reduced by 15-20 units. We have discounts of
45-55 per cent. With this bill they will jointly assess how the
system works..." he said.
[33] EU funds for archaeological sites in eastern Macedonia, Thrace
Athens, 11/12/1997 (ANA)
Projects at archaeological sites in eastern Macedonia and Thrace
are being funded with about 1.6 billion drachmas from European
Union funds, and are part of the Second Community Support
Framework's regional operational program. The funds will be
provide d for an extension of the archaeological museum in
Kavala, as well as works in Samothrace, Mesimvria, Didimotiho,
Maronia, the Rodopi mountain range, the shrine of Kamariotissa
Samothrace, the western wall of Avdiron and restoration of the
historic cathedral of Agios Demetrios in Kassitero, Rodopis.
[34] Conference focuses on 7-year military junta
Athens, 11/12/1997 (ANA)
A three-day conference entitled "The Dictatorship - 30 Years
Later", organized by the Greek Society of Political Science
(EEPE) and the Sakis Karagiorgas Foundation, is taking place at
the Pantion University.
Pantion Rector Emilios Metaxopoulos pointed out the need for a
review of the 7-year junta.
EEPE President Nikiforos Diamantouros said that there are
certain "established orthodoxies" about the reasons the junta
came to power and about the role of the colonels' regime. He
also said that the studies on that period understated the role
of the pre-dictatorship political leadership, while the
post-civil war state structures have been overstated.
Mr. Diamantouros also said that "the fact that the United States
supported the regime, does not entail that it (Washington)
created it."
End of English language section.
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