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Athens News Agency: Daily News Bulletin in English, 02-01-24

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

From: The Athens News Agency at <http://www.ana.gr/>

January 24, 2002

CONTENTS

  • [01] Gov't announces 2002 incomes policy
  • [02] FM meets Spanish counterpart
  • [03] FM Papandreou to attend EU-Islamic Conference Organization meeting in Istanbul
  • [04] New deputy FM for int'l developmental cooperation sworn in
  • [05] FM briefs opposition parties on premier's US visit, nat'l issues
  • [06] Protopapas comments on relations with Turkey
  • [07] Gov't advances rural growth policy using EU, national funds
  • [08] Public Order Minister to visit London on Thursday
  • [09] Russian envoy meets with Giannitsis
  • [10] Spokesman denies reports of friction within ruling PASOK
  • [11] Modern European Turkey is in the interests of peace and stability in the region
  • [12] Deputy FM receives Turkish envoy on courtesy call
  • [13] KKE leader criticizes election cooperation proposal by both PASOK and ND
  • [14] Greek and FYROM health ministers hold working meeting
  • [15] U.S. envoy meets Parliament president
  • [16] Former French president to visit Denmark and Greece
  • [17] Request for debate on social insurance by 45 PASOK MPs
  • [18] PM attends discussion on modernization
  • [19] Protesting farmers cut off Thessaloniki-Moudania nat'l highway for one hour
  • [20] Protopapas comments on demands of farmers, doctors and teachers
  • [21] Gov't repeats need for privatization of Olympic Airways
  • [22] Gov't to eliminate disincentives to tourism investment
  • [23] Greek companies ill-prepared but willing to adopt IAS
  • [24] USB Warburg remains "hold" with National, Alpha
  • [25] Greek-Turkish Chamber to present study on Thursday
  • [26] Merchant marine minister presents new draft legislation
  • [27] Buying in blue chips lifts ASE higher
  • [28] Gov't mostly pleased with latest IOC inspection
  • [29] PM briefed by ATHOC head on Olympics preparations, IOC visit
  • [30] Three ATHOC officials in charge of construction resign
  • [31] 113 treasures of Greek antiquity will travel to Berlin
  • [32] Clerides, Denktash meet for third time in context of direct talks
  • [33] Cyprus makes representations to US Embassy
  • [34] Vassiliou to attend negotiators' meeting in Czech Republic
  • [35] PACE adopts resolution on ECHR rulings

  • [01] Gov't announces 2002 incomes policy

    Athens, 24/01/2002 (ANA)

    The government's income policy for 2002 envisages an average weighed increase of 3.2 percent to civil servants and a 4.0 percent to pensioners of the public sector, Deputy Finance Minister George Floridis said on Wednesday.

    Speaking to reporters, during a news conference with ADEDY civil servants' union representatives, Floridis said the government would pay a special benefit of 60,000 drachmas to 120,000 civil servants, a move that would burden the state budget by 62 billion drachmas this year. The benefit will be paid in two equal trenches.

    Floridis also announced that the government would start paying a family benefit to both spouses from July 1, 2002.

    He said that the government's income policy was aimed to redistribute the national income in favor of employees with more needs and to satisfy their just demands.

    Floridis said the government was also seeking to achieve real wage converge with the hard core of the European Union, although he acknowledged that "this was a long road."

    Civil servants' union representatives said that the union's stance would be determined on the decisions made by the government over plans to promote a single payroll in the wider public sector, and noted that the government's base pay increases did not meet fully union demands.

    Opposition parties criticize government's incomes policy: Opposition parties criticized the government on Wednesday on announcements it made on its incomes policy and spoke of a mockery and one-sided austerity.

    The Communist Party of Greece (KKE) said increases announced in the framework of incomes policy are a provocation and mockery, adding that they cover neither the major losses in income of past years nor the increase in inflation in 2002.

    KKE further said that "the harsh class image of the PASOK government can be seen once again. All the government measures ultimately aim at curbing the consequences of competition for businesses and for capital, increasing the exploitation of working people."

    Coalition of the Left and Progress party member, responsible for economic and social policy, Dimitris Papadimoulis spoke of the undermining of public administration modernization and one-sided austerity for working people.

    Democratic Social Movement (DHKKI) leader Dimitris Tsovolas said "with this meager and harsh incomes policy, the government is confirming its neo-liberal image."

    [02] FM meets Spanish counterpart

    Athens, 24/01/2002 (ANA)

    Foreign Minister George Papandreou met in Athens on Wednesday with his Spanish counterpart Josep Pique who in his capacity as rotating president of the EU Council of Ministers is currently on a tour of European capitals.

    Following his meeting with Papandreou, Pique expressed the intention of the Spanish European Union presidency to do everything possible so as to complete the soonest possible the discussions concerning the final settlement of EU-NATO relations with regard to European security and defense policy.

    Replying to questions by journalists concerning the British non-paper and the positions of the Spanish EU presidency around this issue, Pique did not wish to give details, restricting himself to reconfirming that he is familiar with the Greek positions and that "we will do everything possible so that the positions will be able to converge and for us to have results."

    The Spanish foreign minister called for "flexibility by all so that we will be able to achieve a mutually acceptable result," clarifying that the Spanish presidency "does not have strict positions" and that what it is interested in is for the issue to be settled as soon as possible so that the European security and defense policy can be strengthened and implemented.

    Asked whether he intends to visit Turkey, Pique said that Ankara is not included in this round of capitals but he announced that he will visit Turkey within the framework of the inter-religious meeting which will be held in mid-February with the participation of the EU member-countries, the EU candidate countries and the Islamic countries.

    In reply to a question regarding the progress existing in the implementation of the EU-Turkey partner relationship, Pique said that it is important for Turkey to bring closer to the EU its social and economic structures, describing all the process as "difficult and time consuming, but definitely important."

    Furthermore, the Spanish foreign minister said that "we are at a difficult phase of pre-screening and we are making an effort to pass to the stage of a strengthened pre-screening." He added, "we are proceeding slowly but we are proceeding," stressing that progress does no depend only on the goodwill of the EU but also that of Turkey.

    Earlier, Papandreou termed as ambitious the program of the Spanish EU presidency presented to him by Pique and which includes six basic priorities. Papandreou noted that he discussed with his Spanish counterpart two main issues, that of the Cyprus problem and the common European security and defense policy.

    With regard to the Cyprus question, Papandreou said that he discussed with Pique the course of talks in Cyprus and that they both wished for a good outcome of these talks.

    Papandreou announced that he will also raise the issue for discussion at the EU Council of General Affairs on Monday and reiterated that "we desire the participation of the Turkish Cypriots in the EU and the accession of a united Cyprus in Europe." He underlined that "this however will depend on the outcome of the talks on the Cyprus issue.

    The Greek foreign minister also said that the Spanish EU presidency will continue its accession negotiations with the candidate countries.

    [03] FM Papandreou to attend EU-Islamic Conference Organization meeting in Istanbul

    ISTANBUL, 24/01/2002 (ANA - A. Kourkoulas)

    Greece's foreign minister George Papandreou will take part in a meeting between the foreign ministers of the European Union and the Islamic Conference Organization to be held in Istanbul next month.

    The conference is to be held February 12-13.

    According to Turkey's Anadolu news agency, Greece's ambassador in Ankara Ioannis Korantis has informed the Turkish foreign ministry of Papandreou's attendance at the conference.

    [04] New deputy FM for int'l developmental cooperation sworn in

    Athens, 24/01/2002 (ANA)

    Andreas Loverdos was sworn in Wednesday as the new deputy foreign minister for international developmental cooperation, following the resignation of Yannis Zaphiropoulos from the post.

    Loverdos, a lawyer and university professor with post-graduate studies in European law, was sworn in by Bishop Theologos of Salona before President Costis Stephanopoulos and in the presence of prime minister Costas Simitis.

    He replaces Yannis Zaphiropoulos, who resigned from the post on Monday citing differences of opinion with foreign minister George Papandreou.

    [05] FM briefs opposition parties on premier's US visit, nat'l issues

    Athens, 24/01/2002 (ANA)

    Foreign minister George Papandreou on Wednesday briefed Political Spring (POLAN) leader Antonis Samaras on the prime minister's recent visit to the United States and on developments in the national issues.

    After the one-hour meeting, Samaras expressed his concern over the sincerity of Turkey's intentions, and on the Euro-army.

    Samaras noted, inter alia, that the basic problem was what price Greece was being asked to pay so as to ensure a civilized and democratic conduct by Turkey.

    Democratic Social Movement leader: Democratic Social Movement (DHKKI) leader Dimitris Tsovolas said on Wednesday Foreign Minister George Papandreou's initiative to brief party leaders and parties on developments on national issues and Prime Minister Costas Simitis' recent visit to the United States is positive.

    Tsovolas, who met Papandreou for about an hour, said the national issues are at a crucial phase, adding that Turkey is attempting to create a status quo beyond the principles of international law.

    He further said that a confederation solution in Cyprus should not be accepted because it will constitute the beginning of joint sovereignty in the Aegean.

    [06] Protopapas comments on relations with Turkey

    Athens, 24/01/2002 (ANA)

    The government gave the required response to each and every violation or infringement, government spokesman Christos Protopapas said on Wednesday. He was commenting on a recent rise in airspace violations by Turkish planes over the Aegean.

    The spokesman said that the current period was particularly sensitive as a result of Greek efforts in support of its interests, and that it was natural for problems to arise at such times.

    "We will not allow the Turkish side to change our priorities," he added.

    In response to questions, Protopapas said it was natural for the Turkish side to attempt to shift attention to different issues but "Greece would not make the mistake of following Turkey's policy."

    [07] Gov't advances rural growth policy using EU, national funds

    Athens, 24/01/2002 (ANA)

    Prime Minister Costas Simitis on Wednesday announced that the government was advancing its rural development policy using European Union inflows and national funds.

    "Funds that the government has ensured for the period until 2006 from the EU and the state budget are unprecedented in relation to the past," Simitis said.

    The government's policy for rural areas aimed to boost economic, social and cultural growth, offering greater security and prestige, he noted.

    Beyond deterring the flight from rural areas, the government wanted to attract working people to the countryside, especially the young, so that they could find work or launch businesses there.

    Furthermore, an improvement in the quality of life should apply to the countryside as well as urban areas, the prime minister said.

    In addition, the government would set up a scheme to offer farmers subsidized access to holidays and the arts under a system that already existed for lower-paid urban workers.

    Finally, the prime minister pledged that the government would ensure greater progress in improving state services for rural inhabitants, including health; and speed up the payment of grants, compensation and pensions in the countryside.

    Agricultural Minister George Drys, who attended the meeting, told reporters that the committee of ministers and other officials would act as a key tool in coordinating government rural growth schemes.

    Projects for 2002 would be debated in detail in two months, Drys added.

    [08] Public Order Minister to visit London on Thursday

    Athens, 24/01/2002 (ANA)

    Public Order Minister Mihalis Chrysohoidis is to depart for London on Thursday for a series of meetings with UK government officials and at British law enforcement agencies.

    During his visit, Chrysohoidis is to meet UK Home Secretary David Blunkett, undersecretary Ben Bradshaw, the chief of the metropolitan police force and others.

    He will also visit Scotland Yard for a briefing on technological training in preparation for the Olympics.

    [09] Russian envoy meets with Giannitsis

    Athens, 24/01/2002 (ANA)

    Russian ambassador to Athens Mikhail Botcharnikov paid a courtesy visit to Alternate Foreign Minister Tassos Giannitsis on Wednesday, with bilateral relations, developments in the greater region and the course of EU-Russian cooperation dominating talks.

    [10] Spokesman denies reports of friction within ruling PASOK

    Athens, 24/01/2002 (ANA)

    Government spokesman Christos Protopapas on Wednesday denied press reports claiming friction within the ruling PASOK party, saying that the party stood united behind Prime Minister Costas Simitis, who would lead it into the next elections.

    "We will not do anyone of the favor of returning to the pre-congress era," the spokesman stressed.

    [11] Modern European Turkey is in the interests of peace and stability in the region

    Athens, 24/01/2002 (ANA)

    A modern European Turkey, with belief in the values and principles of the United Europe, was in the interests of Greece, peace and stability in the entire region, Greece's alternate foreign minister Tassos Yiannitsa said Wednesday.

    Speaking on "The future of Europe and Turkey" at a day-seminar organized by the Hellenic Center for European Studies, Yiannitsa noted that at the EU summit in Laeken, premier Costas Simitis had backed Turkey's participation in the EU Constitutional Convention on shaping the future of Europe because Greece believed that Turkey belongs in Europe and must, by achieving the suitable progress in all sectors, approach the EU.

    Turning to Greek-Turkish relations, Yiannitsa spoke of the opportunity being presented to the two sides for a "historic transcendence", adding that under a regime of tension and lack of cooperation there would be instability and insecurity whereas the serious prospects for Turkey had already opened up, but the "path" still needed to be confirmed.

    Yiannitsa further referred to proposals made public concerning the EU's future form. "The fact that we are discussing about a union of peoples is based on a commonly accepted model focusing on the principles of transparency, democracy and solidarity. Any other type of proposal alters the nature of the EU and does not contribute to the vision of European integration," he explained.

    Yiannitsa added that the problem of Europe's future was not being brought up for the first time, but in view of the 15-nation bloc's imminent enlargement it was being placed on a more pressing basis.

    "It is a process of European globalization, which will ensure greater stability for our economies and better conditions of growth and prosperity," he said.

    Yiannitsa warned that the EU must not become identified as a "Europe of funds and meager abilities", because "we have ahead of us the deepening of the European values, with the ultimate target of integration proceeding".

    [12] Deputy FM receives Turkish envoy on courtesy call

    Athens, 24/01/2002 (ANA)

    Deputy Foreign Minister Yiannis Magriotis received newly-appointed Turkish Ambassador to Athens Mehmet Yigat Alpogan on a courtesy call on Wednesday and, according to a foreign ministry announcement, the course of bilateral relations was discussed.

    Magriotis told the Turkish ambassador that he will be visiting Istanbul next week, while during his visit he will be received by Ecumenical Patriarch Vartholomeos and meet with expatriate agencies and Turkish businessmen.

    On his part, Alpogan told Magriotis that he will work for the further improvement of relations between the two countries and that Turkey's main target is its European perspective, the announcement said.

    [13] KKE leader criticizes election cooperation proposal by both PASOK and ND

    Athens, 24/01/2002 (ANA)

    Communist Party of Greece (KKE) secretary Aleka Papariga on Wednesday criticized both the ruling PASOK and main opposition New Democracy (ND) parties for what she called "purposeful double talk" on the issue of the October municipal and prefecture elections.

    She accused PASOK of attempting to trap parties of the left in accepting the policies of the government, by cooperating in the tickets for the local government elections.

    "Thus the policies of PASOK will be vindicated, thus there will be a kind of tolerance with election dividends for the local government. There is record of its (PASOK's) cooperation with the Coalition of the Left and Progress (Synaspismos)," Papariga said.

    Speaking about ND, she noted that "its talking of minimizing the green (PASOK) mayors at any cost so as to create a climate of victory for the next national elections".

    She concluded by stressing that the "double talk" of both major parties is in line with their aims and their general targets, as both are attempting to increase tensions in the confrontation between them.

    [14] Greek and FYROM health ministers hold working meeting

    Athens, 24/01/2002 (ANA)

    Health and Welfare Minister Alekos Papadopoulos and his counterpart from the Former Yugoslav Republic of Macedonia (FYROM) Dragan Danilovski, currently on an official visit to Greece, held a working meeting on Wednesday on issues of mutual interest.

    The two ministers agreed on cooperation between the two countries in the health sector and more specifically on epidemic surveillance, the handling of infections, staff training and public health protection.

    The method of cooperation will become more specific in a new meeting between delegations from the two countries in FYROM, which a group of scientists from the health ministry will be visiting following an official invitation from Danilovski.

    Papadopoulos later said their discussion was extremely substantive, adding that the two countries are determined to widen their cooperation at all levels.

    Danilovski said "it is the first time I am visiting Greece as a minister and having a meeting with Mr. Papadopoulos. I am satisfied because we have common philosophy on handling health issues and we want to undertake common initiatives."

    [15] U.S. envoy meets Parliament president

    Athens, 24/01/2002 (ANA)

    Regret over a recent broadcast by the CBS news program '60 Minutes' in the United states was expressed by US Ambassador to Greece Thomas Miller during a meeting with Parliament Speaker Apostolos Kaklamanis, according to a parliament press release on Wednesday.

    The program had intimated that attitudes toward fighting terrorism in Greece were lax and had featured an interview with Kaklamanis that he claimed had been taken out of context.

    Miller had underlined that the views expressed in the news program were not and did not express the views of the American government but personal views of its former employees, the press release said.

    The meeting took place a few days after Prime Minister Costas Simitis returned from his trip to the United States two weeks ago and focused on issues of bilateral interest and further cementing friendly ties between Greece and the US.

    [16] Former French president to visit Denmark and Greece

    BRUSSELS, 24/01/2002 (ANA - Y. Zitouniati)

    Former French President Valery Giscard d'Estaing will soon visit Denmark and Greece, countries which will be holding the European Union's rotating presidency after Spain, in his new capacity as president of the Constitutional Assembly for the future of Europe, due to begin its work on February 28.

    In the framework of his tour of European capitals to prepare the assembly, d'Estaing will meet German Chancellor Gerhard Schroeder in Berlin on Thursday, while his next stops will be London, Copenhagen and Athens. He has already visited Madrid and Rome.

    Talks with European leaders aim at an "exchange of views" on processes for holding the assembly to prepare the EU's institutional reform in light of enlargement.

    The Constitutional Assembly is comprised of 105 members, representatives of the 15 EU member-states, national parliaments, the European Parliament, the European Commission and candidate countries.

    [17] Request for debate on social insurance by 45 PASOK MPs

    Athens, 24/01/2002 (ANA)

    Forty-five ruling PASOK MPs headed by Theodoros Tsoukatos, on Wednesday submitted a proposal for dialogue on the social security issue within the party and government.

    The MPs, including several former ministers, made the proposal in letters sent to the PASOK parliamentary group presidency, PASOK party secretary, Labor Minister Dimitris Reppas and Finance Minister Nikos Christodoulakis.

    They asked that either the PASOK parliamentary group or the party's Parliamentary Labor and Social Affairs Sector be convened to discuss the issue, while they also included a number of recommendations and suggestions on the final form of a fair system.

    Social insurance issue a political priority for government: The social insurance issue is a political priority for the government and for ruling PASOK, Labor Minister Dimitris Reppas said on Wednesday, in light of a proposal tabled by 45 PASOK deputies on the issue.

    "We will confront this issue, this is a declared position of the government and it is well known. (We will confront it) by submitting our proposals, with consensual processes, with the development of a fertile and honest dialogue between the social institutions and the political parties," Reppas said.

    [18] PM attends discussion on modernization

    Athens, 24/01/2002 (ANA)

    Prime Minister Costas Simitis on Wednesday evening attended a discussion on prospects of modernization in Greece, on the occasion of the Association for the Modernization of Society's 10th anniversary.

    The event was also attended by ministers and parliamentarians, while four university professors set out their views on the fundamental future target of Greece's real convergence with Europe.

    Professor Yiannis Voulgaris analyzed the political concept of modernization, stressing that real convergence is more difficult now following Economic and Monetary Union (EMU).

    He said that modernization prospects depend on the ways of participation in the European sphere and the country's national modernization agenda.

    He further said that the main question requiring an answer is whether the country will have a passive adjustment in Europe or will choose a continuous effort of reform.

    [19] Protesting farmers cut off Thessaloniki-Moudania nat'l highway for one hour

    Athens, 24/01/2002 (ANA)

    Protesting farmers and animal breeders from Halkidiki prefecture cut off the Thessaloniki-Moudania national highway on Wednesday morning for one hour, and warned that similar action would be taken on Thursday.

    Some 100 tractors were lined along the highway at the point for Sozopoli, according to Federation of Halkidiki Prefecture Agricultural Associations vice-president Panayotis Tzouras.

    The protestors spilled milk on the highway, and Tzouras told ANA that that was only the beginning, as larger demonstrations were being planned for Thursday.

    Agriculture minister George Drys was due in Thessaloniki on Thursday afternoon to meet farmers' representatives.

    Trikala farmers vote to take part in protests starting Monday: Farmer unions in Trikala voted to fully participate in new protest action by farmers starting next week, after a lengthy meeting at the Union of Farming Associations on Wednesday.

    Among the demands raised at the meeting were the payment to farmers of subsidies for wheat, full compensation to farmers for weather damage and others.

    ND spokesman on farmers' protests: Main opposition New Democracy party supports the "just demands" of the farmers and their mobilizations, but disagrees with the "form of mobilizations effected at the expense of other social groups", party spokesman Theodoros Roussopoulos said Wednesday.

    Speaking to reporters after a meeting of the ND coordinators chaired by party leader Costas Karamanlis, Roussopoulos said that although ND backed the farmers' just demands and protests, it disagreed with such forms of protests that were at the expense of other social groups, such as the closing off of roads.

    Roussopoulos said that the payment of subsidies to the farmers, "which have delayed for many months" must be completed immediately, adding that the farmers' debts should be "frozen" until they were paid the compensation for their losses from natural disasters.

    The ND spokesman said that the funds earmarked for these compensations were not adequate, recalling that the government had rejected an ND proposal that 20 billion dr. be earmarked for compensation for damage to production due to climatic phenomenon.

    He also called on the prime minister to intercede personally to solve the farmers' problems and to try to achieve a solution through his intercession with the EU as well.

    Roussopoulos said that farmers' incomes had shrunken by 23 percent since 1993, resulting in a decline in the farming population.

    [20] Protopapas comments on demands of farmers, doctors and teachers

    Athens, 24/01/2002 (ANA)

    Commenting on protests by farmers, teachers and health-sector workers, government spokesman Christos Protopapas said on Wednesday that the government wanted to work with these groups and find solutions to the problems.

    Regarding farmers, Protopapas said the problems arose over the collection of cotton in Thessaly and the damage caused by the recent bad weather to crops.

    With respect to cotton collection, the spokesman added, the normal procedure was being followed and all the regulations, specifications and commitments were being adhered to.

    Crop damage due to the bad weather, meanwhile, had been promptly recorded and Agriculture Minister George Drys had already requested compensation due from the EU.

    No single set of demands had been put forward by teachers, he said, and the education ministry was dealing with these case-by-case. The issue of teacher evaluations, Protopapas added, which triggered the most reactions was actually in the interests of teachers, children and the educational system.

    Turning to strikes by doctors, the spokesman underlined that the goal of government reforms to the state healthcare system was to increase its quality.

    The proposed reforms required the exclusive employment of university doctors within the state system, giving doctors alternative solutions. "This is an important clause that serves the philosophy of the system," Protopapas said.

    [21] Gov't repeats need for privatization of Olympic Airways

    Athens, 24/01/2002 (ANA)

    Transport and Communications Minister Christos Verelis repeated on Wednesday that the government had to privatize Olympic Airways as the state was no longer in a position to maintain the ailing national carrier.

    Replying to a reporter's question, Verelis said that talks were still underway with Integrated Airline Solutions (IAS) of Australia in an international sale tender for Olympic.

    IAS was shortly due to submit data on its financial condition for evaluation, he added.

    The sale talks have a deadline one week from now.

    Verelis also said that Olympic's managers had reduced the airline's operating costs by about 20 percent.

    Credit Suisse First Boston, the government's consultant in the tender, has said that bids should meet the following criteria:

  • Olympic Airways should operate mainly as an airline after its privatization; retain its trade name for a specified period of time; and use the Eleftherios Venizelos airport as the main base for its aircraft

  • The privatized firm should have the financial strength and administrative capacity to post growth as a financially viable company with long-term prospects

  • Risks and commitments for the state and for companies that remain part of the Olympic Airways Group should be minimized after restructuring

  • The transaction should ensure the greatest possible financial benefit for the state.

    [22] Gov't to eliminate disincentives to tourism investment

    Athens, 24/01/2002 (ANA)

    Development Minister Akis Tsohatzopoulos said on Wednesday that the government was working on changes in the law that would eliminate disincentives to investment in tourism.

    Tsohatzopoulos told a news conference that the measures would simplify the award of permits by the Greek National Tourism Organization, the public works ministry and other services.

    The move is part of the government's tourism policy for 2002-2004.

    In addition, communications policy would be maximized with advertising abroad budgeted at 10.6 billion drachmas this year.

    The ministry was also studying special promotion for Greece in the US; and inroads into the Chinese market, Tsohatzopoulos said.

    Beyond standard summer tourism, the authorities would promote eco-tourism, conference tourism, sports tourism and alternative tourism.

    Furthermore, the ministry planned to promote areas beyond Attica as part of tourism-linked advertising for the Olympic Games, which Athens is to host in 2004, Tsohatzopoulos said.

    Concerning hotel facilities for the Olympics, the minister said that Attica was still short of 3,000 beds to house visitors out of a total of 16,000 needed.

    At the same time, the beds should finally be available due to the planned construction of new hotels and to the allocation of more beds by hoteliers who had already committed themselves to keeping a certain block of rooms free for the Games.

    Finally, Tsohatzopoulos said that tourism inflows had improved since the start of the year after slumping in the wake of terrorism attacks in the US on September 11 that deterred the public from flying.

    The current year would not be worse that 2001, he added.

    [23] Greek companies ill-prepared but willing to adopt IAS Athens, 24/01/2002 (ANA)

    Listed Greek companies are ill-prepared but willing to adopt international accounting standards (IAS), a survey by the Athens Stock Exchange and SOL Ernst & Young, said on Wednesday.

    The survey, based on a sample of 167 listed companies, showed that most domestic companies were not prepared to immediately adopt international accounting standards. Only 20 percent of total listed companies said there ready to proceed with the new method with the remaining companies saying it would take another two or three years to reach this point.

    The European Union, reacting to an increasing need for an upgraded an mutually accepted new accounting system, has issued a draft directive that calls for listed companies to issue their balance sheets based on international accounting standards by 2005.

    Greece will apply this directive, for both regular and consolidated balance sheets, from 2003.

    Around 60 percent Greek companies said they would need more time to adjust to new standards, while the other 40 percent said the changeover should have immediate effect.

    The results of the survey are encouraging because it revealed that the majority of listed companies think that using the international accounting standards would have a positive impact on them as it would help in making clearer comparisons with their competitors in the European Union.

    [24] USB Warburg remains "hold" with National, Alpha

    Athens, 24/01/2002 (ANA)

    USB Warburg on Wednesday said it was maintaining its recommendation for National Bank's and Alpha Bank's shares to "hold" despite the breakdown of merger negotiations between the two Greek banks.

    The investment bank said its price target for National Bank was 27.4 euros and for Alpha Bank 21 euros.

    In its report, UBS Warburg said the failure of a merger agreement between Greece's two largest banks would result to more cautious steps in future plans by domestic banks.

    USB Warburg said it expected Alpha Bank to examine signing a strategic alliance with another bank and to focus on developing its retail banking activities.

    National Bank would focus on developing its activities abroad and to achieve a goal for a significant revenue increase from its international activities to account for 20 percent of total revenues by 2004, the report said.

    [25] Greek-Turkish Chamber to present study on Thursday

    ISTANBUL, 24/02/2001 (ANA - A. Kourkoulas)

    The Greek-Turkish Chamber of Commerce will present on Thursday a study on the latest developments of the business cooperation between the two counties, at the Kozaeli Chamber of Commerce.

    President of the Greek-Turkish Chamber of Commerce Panagiotis Koustikos will be present for the presentation as well as officials of the Greek consulate and Turkish businessmen.

    [26] Merchant marine minister presents new draft legislation

    Athens, 24/01/2002 (ANA)

    Merchant Marine Minister George Anomeritis on Wednesday announced a 50 percent cut in the taxation of crew members and a 30 percent cut in the taxation of officers in the country's merchant marine.

    Presenting a draft legislation, approved by the permanent committee of production and commerce, Anomeritis told reporters he would not accept any amendments or additions to the draft law and said that its approval by the parliament was only a formality. The new law also envisages a 40 percent cut in the tax factor of vessels.

    Anomeritis said the taxation for crew members would fall to 3.0 percent from 6.0 percent, and for officers to 6.0 percent from 9.0 percent.

    "Our rationale is that the Greek flat will not become a flag of opportunity, nor it will have great distance from the European Union standard. (The Greek flag) must be a flag of authority and authority combined with quality is what we want. We don't care about vessels that seek opportunity flags," Anomeritis said.

    Under the new legislation, a 15-year-old vessel with a gross tonnage of 12,678 tons will pay 12,104 US dollars in taxes, from 41,152 US dollars under the current system.

    The same vessel in any European Union country would pay around 47-53,000 dollars in taxes and around 11-29,000 dollars in countries with flags of opportunity like Malta, Cyprus, Panama and Liberia.

    The draft legislation also offers the opportunity to pensioner sailors, under 55 years of age, to return to work.

    Anomeritis said that by the end of the month the board of the Piraeus Port Organization is expected to approve the listing application documents, to be submitted with the Athens Stock Exchange by February 12.

    [27] Buying in blue chips lifts ASE higher

    Athens, 24/01/2002 (ANA)

    A wave of buying for blue chip stocks lifted equity prices to a higher closing on the Athens Stock Exchange on Wednesday.

    The general index ended 1.33 percent higher at 2,597.38 points, with turnover an improved Dr 53.38 billion, or 156.65 million euros.

    The IT, Banks and IT Solution sectors scored the biggest percentage gains of the day (3.37 percent, 2.61 percent and 1.49 percent, respectively), while the Metals and Textile sectors suffered losses and the Insurance index remained unchanged.

    The FTSE/ASE 20 index for blue chip and heavy traded stocks ended 1.84 percent higher, the FTSE/ASE MID 40 index rose 1.18 percent and the FTSE/ASE SmallCap 80 index ended 1.21 percent up.

    National Bank's shares jumped 5.07 percent and Alpha Bank's share price rose 0.41 percent.

    Broadly, advancers led decliners by 200 to 107 with another 51 issues unchanged.

    The most heavily traded shares were National Bank of Greece, Hellenic Telecommunications Organization, Coca Cola, Informer and Alpha Bank.

    Equity futures jump in brisk trade: Equity index futures on the Athens Derivatives Exchange rose sharply in lively trade on Wednesday, tracking a rise in the main market and lowering their discount to a minimum.

    Changing hands were 5,868 contracts on turnover of 37.8 million euros.

    The underlying FTSE/ASE-20 index for heavily traded stocks and blue chips gained 1.84 percent; and the underlying FTSE/ASE-40 for medium capitalization stocks rose 1.18 percent.

    Bond prices nose up in moderate trade: Bond prices in the domestic secondary market on Wednesday finished higher in moderate trade focusing on 10-year paper.

    The Greek benchmark 10-year bond showed a yield of 5.22 percent, and the spread over German bunds was 35 basis points.

    Turnover through the central bank's electronic system totalled 1.7 billion euros.

    Buy orders accounted for over half of turnover.

    [28] Gov't mostly pleased with latest IOC inspection

    Athens, 24/01/2002 (ANA)

    The government appeared mostly satisfied on Wednesday over the latest International Olympic Committee (IOC) inspection a day earlier, and following comments by IOC vice-president Denis Oswald at a relevant press conference in the Greek capital.

    Following a one-hour meeting with Prime Minister Costas Simitis on Wednesday, Culture Minister Evangelos Venizelos spoke to reporters on the latest IOC observations.

    While offering an assessment that 2004 preparations are proceeding within specified time-tables, Oswald on Tuesday nevertheless pointed to the perennially taxing problem of transportation around traffic-congested Athens, along with accommodations, as the two primary "headaches" ahead of the 2004 Olympic Games.

    The IOC's vice-president and head of a commission gauging progress for the Athens Games cited the two "concerns" during a press conference in Athens, almost two months since the last IOC delegation visited Greece for a wide-ranging tour of worksites, talks with the Greek government and the Athens 2004 organizing committee (ATHOC).

    On Wednesday, Venizelos centered on three "objections" aired by Oswald, namely, accommodations, transports and even the rolling stock for Athens' envisioned suburban rail line.

    Venizelos promised that 2,800 rooms still needed to fully host the extended "Olympic family" will be found in various public sector facilities; through a contract renewal with local hoteliers guaranteeing up to 90 percent of their rooms for the Games, as well as the building of new hotels in the greater Athens area - a particularly thorny issue.

    In reply to a press question, the culture minister said no new zoning incentives will be offered for the building of new hotels - a sector restricted by the central government in the Greek capital for decades - although financial incentives will be offered, as foreseen by a relevant development law. He also promised the government would reduce red tape in the process.

    One of Oswald's detailed criticisms was over an alternative plan to use diesel engines on the projected suburban railway. The IOC executive said the former were not as effective as electrically driven locomotives as well as dramatically less 'environment-friendly'.

    On his part, Venizelos emphasized that the government wants to use electrically powered engines, although it shouldn't matter to the IOC if in the end "new technology" diesel engines are used as an alternative.

    [29] PM briefed by ATHOC head on Olympics preparations, IOC visit

    Athens, 24/01/2002 (ANA)

    Prime Minister Costas Simitis met the chairwoman of the Athens Olympics Organizing Committee (ATHOC) Gianna Angelopoulos-Daskalaki on Wednesday, who briefed him on a recent visit by a small delegation from the International Olympic Committee (IOC) headed by Denis Oswald to monitor the progress in preparations for the 2004 Games.

    Sources said that Angelopoulos informed the premier about the areas in which there were delays, such as hospitality for athletes etc, road works and the works at the old Hellenikon airport site, as well as the assessments made by Oswald.

    The ATHOC head also briefed Simitis about her upcoming trip to Lausanne, where she will present the progress made in preparations for the Athens Olympics to the IOC.

    [30] Three ATHOC officials in charge of construction resign

    Athens, 24/01/2002 (ANA)

    Three officials of the Athens 2004 Olympic Games Organizing Committee (ATHOC) charged with the construction projects for the Games resigned on Wednesday on grounds of "personal sensitivities".

    ATHOC Construction General Director Theodoros Yianakopoulos, the adviser of ATHOC President Gianna Angelopoulos-Daskalaki, on the construction projects Dimitris Leonidopoulos and the ATHOC Infrastructure and Facilities Director Elli Papakonstantinou resigned, sources said, because of the leak regarding the status of the projects to the press and to the main opposition New Democracy leader Costas Karamanlis.

    The same sources said that there may be more resignations of high ranking officials to achieve the improvement of the operation of ATHOC.

    [31] 113 treasures of Greek antiquity will travel to Berlin

    Athens, 24/01/2002 (ANA)

    One hundred and thirteen treasures of Greek antiquity will depart for Berlin next March according to a Wednesday decision of the Central Archaeological Council.

    The treasures include finds kept in the Acropolis Museum, the National Archaeological Museum and the Pella Museum, among others.

    In Germany, the antiquities will be presented in an exhibition entitled "The Greek Classical Civilization", which will last from Mar.1 to June 2 and is part of the Cultural Olympiad series of events.

    [32] Clerides, Denktash meet for third time in context of direct talks

    NICOSIA, 24/01/2002 (CNA/ANA)

    President Glafcos Clerides and Turkish Cypriot leader Rauf Denktash met here for the third time in the context of direct talks they started on 16 January, under the good offices mission of UN Secretary General Kofi Annan.

    Discussions at Wednesday's meeting were expected to focus on the competencies of the central government of a future federal Cyprus, after the two sides had outlined in general terms their outlook of a negotiated settlement.

    President Clerides and Denktash met for over one and a half hours on Wednesday, in a specially refurbished building in Nicosia airport area, which is under UN control since the 1974 Turkish invasion of Cyprus.

    Clerides was accompanied by his advisers, Attorney General Alecos Markides, government spokesman Michalis Papapetrou and Undersecretary to the President Pantelis Kouros, as well as by the director of the office of the Foreign Minister, Minas Hadjimichael.

    The UN Secretary General's special adviser for Cyprus, Alvaro de Soto, is also present at the talks and is usually accompanied by his aides.

    Denktash's real intentions at this round of talks are still to be determined and if his public statements are anything to go by, hopes for a compromise seem remote, well-informed sources told CNA.

    However, he is said to have displayed a disposition for discussion of all core issues that make up the Cyprus question and relate to security concerns, the constitution, property and territory, and guarantees.

    The UN seems to have taken a back seat at this early stage of the negotiations with limited interventions during current discussions. However, it is becoming increasingly obvious that Alvaro de Soto, who brokered the peace accord in El Salvador ten years ago, intends to facilitate the negotiations in a more decisive manner at some stage in the future. The next meeting between Clerides and Denktash is expected to take place on Friday afternoon, as agreed by the leaders of the two Cypriot communities last Wednesday at their first encounter.

    [33] Cyprus makes representations to US Embassy

    NICOSIA, 24/01/2002 (CNA/ANA)

    The Cyprus government has made representations to the US Embassy here and is seeking clarifications with regard to a reception given on the occasion of the inauguration of the new US embassy offices in the Turkish-occupied northern part of Nicosia.

    "The government through the Ministry of Foreign Affairs has made representations to the US embassy asking for clarifications on the entire issue," government spokesman Michalis Papapetrou said here on Wednesday, invited to comment on the matter.

    According to Turkish Cypriot press reports, US Ambassador to Cyprus Donald Bandler hosted a reception at the new premises in the Turkish-occupied part of Nicosia which was attended by the leader of the illegal Turkish Cypriot regime Rauf Denktash and the self-styled ambassador of Turkey in the occupied northern part of Cyprus.

    Present at the reception were also the top brass of the Turkish military occupation forces, so-called ministers of Denktash's illegal regime and many other guests.

    The US like every other UN member state, barring Turkey, does not recognize the self-styled Turkish Cypriot regime unilaterally declared in 1983, nine years after Turkish troops invaded and occupied the island's northern part.

    The US ambassador is accredited to the internationally recognized Republic of Cyprus.

    The European Court of Human Rights has described the Turkish Cypriot regime as "subordinate (to Turkey) local administration" and considers Ankara responsible for what happens in the occupied part of Cyprus.

    US Embassy response: The US Embassy in Nicosia has issued a statement saying there should be no controversy over meetings with persons who could help towards a just solution of the Cyprus problem.

    The Embassy notes that "the US has long maintained an office in northern Cyprus", which was recently relocated, adding that the reception was hosted "last evening, to mark the opening of the relocated office".

    [34] Vassiliou to attend negotiators' meeting in Czech Republic

    NICOSIA, 24/01/2002 (CNA/ ANA)

    Cyprus' chief negotiator for accession to the European Union, George Vassiliou, flies to the Czech Republic on Thursday to attend a meeting of the chief negotiators of the Luxembourg group of candidate countries, to take place January 25 to 27.

    The meeting's agenda includes expected developments during the current Spanish presidency of the EU, the negotiation of the remaining open chapters of the acquis communautaire and various economic matters.

    The negotiators will also exchange views on the creation and strengthening of institutions and infrastructure, to better apply the acquis communautaire.

    The Luxembourg group comprises Cyprus, the Czech Republic, Estonia, Hungary, Poland and Slovenia.

    [35] PACE adopts resolution on ECHR rulings

    STRASBOURG, 24/01/2002 (CNA/ANA)

    The Parliamentary Assembly of the Council of Europe said here on Tuesday ample of European Court of Human Rights (ECHR) rulings against Turkey had not been implemented and instructed its Committee on Legal Affairs and Human Rights to confer with the national delegation of Turkey and with the Turkish government and to report to the Assembly, in June 2002 at the latest, on the progress made.

    In a resolution it adopted the Assembly said it envisaged inviting the Turkish Minister of Justice to its summer session, in June 2002, to confer on this matter while it reiterated that correct implementation of the decisions of the Court by member states of the Council of Europe is of the utmost importance for conserving the present great authority of decisions of the Court.

    The Assembly also decided to regularly debate the execution of judgments, on the basis of a record which it would draw up, and to hold a debate within a year from the adoption of that resolution.


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