Two crew members of Ukraine-flag yacht flee coastguard inspection
NEWS IN DETAIL
ASE open for business as usual today as clean-up operation begins
A clean-up operation at the Athens Stock Exchange (ASE) was announced by
National Economy Ministry Secretary-General Apostolos Fotiadis, speaking in
a radio interview yesterday.
Meetings had been held over the weekend between the Union of Stock Exchange
Members (SMEXA) with the national economy ministry after the situation that
arose Friday when Delta Brokerage S.A was unable to cover cash obligations
to the Titles Depository.
Proceedings have been initiated against Delta representatives after an
urgent preliminary investigation.
Mr. Fotiadis stressed that the Athens Stock Exchange would be open for
business as usual on Monday and called for a strict inspection of all
He added that Delta had not been the only company guilty of failing to meet
its obligations and which had had to be bailed out.
In future, he said, any company that broke the rules would be forced to
discontinue transactions and would be fined 50 million drachmas.
According to reports on Saturday, the Titles Depository has agreed to
guarantee transactions and will cover Delta's debt, estimated at almost
three billion drachmas.
Meanwhile, it was also reported that the brokers have no objection to
having part of the debt covered by the joint-surety fund (1.2 billion
drachmas), on the condition that transactions be covered by a legislative
amendment prohibiting cash being transferred to brokerage firms owing
Foreign Minister: NATO must establish procedures for disputes between members
Foreign Minister Theodoros Pangalos yesterday called for NATO to
establish procedures that would determine the alliance's course of action
when one member state laid claims against another.
Mr. Pangalos was speaking in Patras yesterday in response to a question
regarding a letter he sent recently to NATO Secretary-General Javier
Now that the alliance was expanding and changing direction, he explained,
Greece should demand such a procedure.
He drew attention to the fact that past governments (under Constantine
Karamanlis, George Rallis and Andreas Papandreou) had maintained that it
was not possible for NATO to concern itself with the problems of the world
and to be indifferent to its own m ember states' problems.
Mr. Pangalos also accused main opposition New Democracy party leader
Militades Evert of "igno-rance and bad faith" in statements he had made on
the issue both before and after last September's elections.
Meanwhile, with regard to a possible initiative by the United States on the
Cyprus issue, the minister said he felt this was unlikely before January,
given that the composition of the new adminstration in Washington had not
yet been finalised.
However, he drew attention to campaign promises made by US President Bill
Clinton on the issue, characterising the problem as an international one,
as well as the implementation of United Nations resolutions.
Mr. Pangalos is to visit the United States in late January or early
February, accompanied by Alternate Foreign Minister George Papandreou,
responsible for expatriate Greek affairs.
Bertolucci in Thessaloniki for the International Film Festival
''Buddhism has taught me to 'die' after each film and to be reborn with
each new one,'' Italian film producer Bernardo Bertolucci, who arrived in
Thessaloniki on Saturday, told a press conference yesterday
Mr. Bertolucci, who is a guest of honour at the 37th Thessaloniki
International Film Festival, which will screen a retrospective of his films,
spoke of his long experience in the film world.
Mr. Bertolucci spoke of almost all his films, but singled out the film
"1900" which he said is something like a study of the civilisations of the
Crucial decisions on ND party congress to be taken this week
Main opposition New Democracy party deputy president Ioannis Varvitsiotis
will submit a proposal this week on holding the party's congress.
In an interview with the "Kyriakatiki Eleftherotypia" newspaper, Mr.
Varvitsiotis said that ND leader Miltiades Evert and his main contender
George Souflias have a different conception of increasing the number of
delegates to the conference and explaine d that criteria for widening the
electoral base will be objective and fair.
"My responsibility is grave and I believe that all will consider the
crucial nature of the situation and will accept my proposal," he said.
Meanwhile, statements by party cadres disputing decisions taken by the
Political Council and the party's charter have met with reaction by Mr.
The Political Council will hold a special session at noon tomorrow. An
announcement issued by the party said "the situation created by the
attitude of certain deputies who question, either directly or indirectly
and in fact publicly, both the recent dec ision taken by the Political
Council on holding the congress and clauses contained in the party's
charter will be examined during this meeting."
The announcement said the Political Council meeting was considered
necessary because the attitude of these deputies "deals a blow at the unity
and effectiveness of ND as a main opposition party at a time when problems
faced by the Greek people have take n on explosive dimensions".
In recent days ND Deputies Petros Tatoulis and Dora Bakoyianni have
directly or indirectly requested that Mr. Evert should be replaced as party
In another development, Mr. Souflias stressed the view that there are no
dissenters in ND, shortly before returning to Athens yesterday afternoon
after visiting the Pieria prefecture, replying to an interview ND Deputy
Yiannis Kefaloyiannis gave to Kyri akatiki Eleftherotypia newspaper.
"There are no dissenters. There are deputies who express their views. We
should not speak of expulsions. Everyone has the right to express his view
with the sole difference being that views can be expressed with arguments,
without adjectival terms and i n a simple way which can help the party,"
Mr. Souflias said.
Replying to questions put to him by journalists at Macedonia airport on the
interview given by Ms Bakoyianni, Mr. Souflias said he had not read
newspapers and would not comment on statements by ND cadres.
Asked to comment on Mr. Evert, he said he did not want to repeat the same
things on whether or not he should resign.
On the question of whether ND should go to the congress with Mr. Evert as
its leader, Mr. Souflias said "what is necessary is that the congress
should be fair and representative."
Euro-Mediterranean Group accepts Kaklamanis proposal for expanded Mediterranean parliaments meeting
A proposal by Parliament Speaker Apostolos Kaklamanis for an expanded
meeting of counterparts from Mediterranean nations' parliaments in Athens
next April has been accepted at an informal meeting of the Euro-Mediterranean
Parliaments in Palermo, Italy.
Apart from the five members of the Euro-Mediterranean group, invitations
will be extended to Parliament Speakers of the remaining 12 countries
around the Mediterranean, the European Parliament, an observer from the
European Commission and the President of the Maghreb (association of
nations on the north African coast).
The theme of the Athens meeting will be the balance between the European
Union's North and South, the contribution of European Parliaments to the
construction of the European edifice, as well as Mediterranean cooperation
in promoting peace, stability, d emocratic institutions and human
In his address to the Palermo meeting, Mr. Kaklamanis emphasised the need
for renewed interest in the region following the radical changes in eastern
Europe, the review of the European Union charter, as well as the expansion
of the EU within the frame work of the Intergovernmental Conference.
The idea of Mediterranean cooperation began at the EU summit on Corfu in
1994 and was further developed with the signing of the Barcelona Declaration
in November 1995.
Ministry cars targeted by terrorist group
Improvised explosive devices damaged two state-owned cars parked outside
the Interior, Public Administration and Decentralisation Ministry in
Klafthmonos Square in downtown Athens yesterday afternoon.
An unidentified caller telephoned the Skai radio and TV network afterwards,
claiming responsibility for the blasts on behalf of the ``Struggle against
Authority`` terrorist organisation.
Police said the explosive devices were gas cannisters which caused damage
to both cars and to a privately-owned car parked nearby.
Two crew members of Ukraine-flag yacht flee coastguard inspection
Two unidentified foreigners jumped from a Ukrainian-flag yacht yesterday
as it was being escorted into Piraeus harbour by a coastguard patrol vessel
for an inspection.
The 9.5 metre "Antares", which according to initial reports belongs to
Andrei Tortsilov, a ship's master from Rostov, was spotted by the
coastguard vessel early on Saturday morning near the Peace and Friendship
Stadium not far from Piraeus central harbour.
Considering the yacht to be suspicious, the coastguard vessel ordered the
yacht to follow it into Piraeus harbour for an inspection.
As the yacht approached the jetty of the harbour, its two crew members
jumped off onto a moored vessel, climbed onto the jetty and ran off.
Coastguard officers who later searched the vessel found 2,230 cartons of
cigarettes on board.
The Antares has been impounded and the Piraeus Coastguard Authority is
conducting an investigation.
Soccer-Greece stay top after draw with Croatia
Greece surprisingly held Croatia 1-1 in a World Cup qualifier in Zagreb,
Croatia on Sunday to remain top of European group one.
The Greeks stunned the hosts by taking the lead in the ninth minute when
Demis Nikolaidis fired home from the edge of the penalty area.
Alen Boksic volleyed against a post but the Croats finally equalised just
before halftime when Davor Suker pounced on a loose ball and found a gap
between two Greek defenders and the goalkeeper.
Another Suker effort was disallowed for offside and Boksic's low left-
footer shaved a post minutes later.
Soccer-Greece beat Croatia 1-0 in Euro under-21 qualifier
Greece beat Croatia 1-0 (halftime 0-0) in a European under-21 soccer
championship group one qualifier played on Saturday in Karlovac, Croatia.
Scorer: Nicolaos Lymperopoulos 60
Mild and sunny throughout the country, with weather in Athens ranging from
11-21 C and in Thessaloniki from 6-17 C.
FOREIGN EXCHANGE (Buying)
U.S. dlr 236.602 Can. dlr.177.826, Australian dlr. 184.481 Pound sterling
389.995, Irish punt 390.650, Cyprus pd 514.154, French franc 46.368, Swiss
franc 185.876 Belgian franc 7.608, German mark 156.736 Finnish mark 51.965,
Dutch guilder 139.733 Danish Kr. 40.769, Swedish Kr. 35.742, Norwegian Kr.
37.349, Austrian Sh. 22.273, Italian lira (100) 15.562 Yen (100) 211.296
Spanish Peseta 1.861, Portuguese Escudo 1.550.