Athens News Agency: News in English (PM), 97-05-22
NEWS IN ENGLISH
Athens, Greece, 22/05/1997 (ANA)
MAIN HEADLINES
- Police officer arrested for consulate shooting
- Romanian, Greek presidents meet in Athens
- PM Simitis meets with US envoy Niles
- Defence Minister in Belgrade for talks
- Gov't says different view from IMF on economic policy
- Athens bourse closes in on record
- Albanians ambush compatriots in Greece
- New 4.3 billion marine environment control system approved
- Pangalos calls for a successful Albanian election
- National Bank's new branch in Sofia
- Alpha Credit Bank 1996 profits rise 13%
- Weather
- Foreign exchange
NEWS IN DETAIL
Police officer arrested for consulate shooting
Police officer Dimitris Tzavelas, 28, was arrested late last night at
Kakavia, on the Greek-Albanian border, in connection with the fatal
shooting of fellow officer Nikos Markakis in the Greek Consulate in
Gjirokaster Tuesday.
A few hours later, Tzavelas was brought under heavy guard to Ioannina where
he is being questioned. He is expected to be transferrred to Athens later
today to be charged.
Tzavelas was arrested on the basis of contradictory statements to police
who had gone to Gjirokaster to investigate the shooting, and on the
evidence of Odysseas Mitsis, an ethnic Greek security guard at the
consulate, as well as ballistics tests on Tzavelas gun.
Romanian, Greek presidents meet in Athens
The presidents of Greece and Romania, Kostis Stephanopoulos and Emil
Constantinescu, today underlined the political will of the two countries to
further broaden their already close relations, particularly in the economic
sector.
The aim, they said, is to promote the two countries' ''strategic cooperation''
in the Balkans and serve as ''an axis of stability in our turbulent
world''.
Constantinescu, who is on an official three-day visit to Greece, had talks
today with Stephanopoulos on bilateral relations and the situation in the
Balkans.
Stephanopoulos briefed his Romanian counterpart on Greece's national issues
and reaffirmed Athens' support for Romania's efforts to join the European
Union and NATO.
''A friend in need is a friend indeed,'' Constantinescu said characteristically.
Stephanopoulos, who visited Bucharest in November 1995, accepted a fresh
invitation from Constantinescu to visit Romania.
In statements to reporters in the presence of the Greek and Romanian
foreign ministers of the two countries, Theodoros Pangalos and Adrian
Severin, Stephanopoulos stressed that Athens attached great importance to
its relations with Bucharest, noting also that there was room for further
strengthening.
Stephanopoulos in particular referred to possibilities in the economic and
cultural sectors, especially in view of Consantinescu's proposal for the
establishment of cultural centres and university training centres.
Constantinescu's proposal will be discussed by delegations of the two
countries which will meet in Athens.
Stephanopoulos also noted the excellent cooperation between Greece and
Romania on all occasions when their presence was required in the Balkans,
referring in particular to Bosnia and Albania.
Reaffirming Greece's support for Romania's bid to join NATO in the first
phase of the Alliance's expansion to the countries of central Europe,
Stephanopoulos stressed that Bucharest ''has every right and all the
prerequisites'' for membership.
Greece, he added, will exercise all possible influence in this direction.
Constantinescu underlined the traditional ties of friendship and cooperation
between the two countries, adding that ''it is our duty to find new ways
and new solutions in order to give another dimension to these relations
within the framework of the new European structure''.
The Romanian president also stressed the importance of ''the axis of
stability'' formed by Greece and Romania ''in our turbulent world with so
many outstanding disputes''.
Constantinescu said he had discussed with Stephanopoulos the need to find
''new forms'' of economic cooperation in order to ''make optimum use of the
dynamism'' of the two countries' economies.
Thanking Stephanopoulos for Greece's support for Romania's bid to join NATO
and the EU, Constantinescu remarked that ''a friend in need is a friend
indeed''.
Constantinescu also spoke of the need for ''strategic cooperation between
the two countries in the Balkans'', saying such cooperation could be based
on the joint position for the safeguarding of democratic values and
collaboration in the economic sector.
PM Simitis meets with US envoy Niles
Prime Minister Costas Simitis met today with US Ambassador in Greece Thomas
Niles as part of the premier's ''routine contacts'' with foreign envoys,
government spokesman Dimitris Reppas said.
Reppas, who is scheduled to meet with Niles tomorrow, meanwhile expressed
the government's total disagreement with a recent State Department report
which contained criticism of the Greek press.
''In Greece, freedom of the press is respected and we must promote it,''
Reppas said, adding that the State Department report contained ''false
information''.
''Journalism in Greece is exercised in a responsible manner and any
problems that may exist do not entitle anyone to make judgements of the
type contained in the State Department report,'' the spokesman said.
Defence Minister in Belgrade for talks
National Defence Minister Akis Tsohatzopoulos today began talks with the
Federal Yugoslav and Serbian leadership within the framework of a two-day
working visit, according to an ANA despatch from Belgrade.
Tsohatzopoulos, who arrived in Belgrade Wednesday, had talks today with his
Yugoslav counterpart Pavle Bulatovic, Serbian President Slobodan Milosevic,
Foreign Minister Milan Milutinovic and Federal Yugoslav Premier Radoje
Kodic.
After his talks with Milosevic, Tsohatzopoulos told reporters that he had
briefed the Serbian leadership on Greece's views on ''the major issue of
the changes and developments in Europe'' concerning the European Union and
NATO.
Tsohatzopoulos added that he had stressed the importance of cooperation,
stability and security in the Balkans as well as the possibilities which
exist for Greece and Federal Yugoslavia to contribute in this direction.
Another subject of discussion, Tsohatzopoulos continued, was the interest
of the Greek government and people in cooperating with the Yugoslav
government and people.
''A new period is opening up before us and we must safeguard democracy,
peace and stability in our region,'' Tsohatzopoulos said.
Tsohatzopoulos will wind up his visit to Belgrade this evening following a
brief meeting with Orthodox Patriarch of Serbia, Pavlos.
Gov't says different view from IMF on economic policy
The International Monetary Fund (IMF) experts' report on the Greek economy
does not reflect the government's positions on the issue, government
spokesman Dimitris Reppas said today.
Reppas added that the contents of the report constituted neither recommendations
nor suggestions but merely ''the expression of views'' which did not
influence the government's economic policy of the government.
The IMF and the government have different views on the economic policy, he
said, noting that the government's policies aimed at further developing and
strengthening the country's competitiveness and improving the income of
Greek citizens so that they could enjoy decent standards of living.
Although noting a marked improvement in the Greek economy, with growth
rates accelerating and inflation falling to 20-year lows, the IMF report
urges the government to take measures in all sectors of the economy and
particularly the social insurance system, employment, incomes policy and
public sector hiring.
The report noted however that Greece's participation in EMU and the gradual
convergence of income towards EU standards of living were now a ''realistic''
target.
Athens bourse closes in on record
A buying spree for bank shares intensified on the Athens Stock Exchange
pushing the market very near its all-time high with traders predicting a
new record probably on Friday.
The general index jumped 2.74 percent to 1,683.85 points, a breath away
from its record of 1,684.31 set in July 1990. Banks lead the rally with a
2.92 percent gain, including a stunning 6.5 percent rise by National Bank
of Greece.
All other sector indices scored gains. Leasing was 1.98 percent up,
Insurance increased 2.10 percent, Investments jumped 4.0 percent,
Industrials ended 2.65 percent up, Construction ended 0.71 percent higher,
Holding rose 2.06 percent and Miscelleaneous increased 2.75 percent.
Trading remained at very high levels and turnover reached 32.9 billion
drachmas.
Broadly, advancers led decliners by 174 to 53 with another 29 issues
remaining unchanged. Alpha Finance, Hellas Can, Macedonia-Thrace Bank,
Alcatel and Ergodata were top gainers, while Tzirakian, Ippotour, Heliofin
and Petzetakis suffered the heaviest losses.
National Bank of Greece closed at 37,500 drachmas, Commercial Bank at 14,
800, Ergobank at 20,980, Alpha Credit Bank at 21,100, Ionian Bank at 8,170
and OTE at 6,700 drachmas.
Albanians ambush compatriots in Greece
Police in northern Greece are increasingly concerned at crimes committed by
Albanian raiding parties on Greek territory, after the latest incident in
which a group of masked Albanian gunmen robbed a group of their compatriots
in the northern prefecture of Pella last night, shooting one man and
seriously injuring another.
A group of fourteen illegal immigrants were set upon by the gunmen in a
forest in mountainous terrain near the village of Ano Grammatiko. The men
fired the group with automatic weapons, killing Yanni Bogdan, 17, and
seriously injuring his cousin Vasili Bogdan, 25. The rest of the group were
forced to hand over their money, a total of 35,000 leks, and ten wristwatches.
New 4.3 billion marine environment control system approved
National Economy Undersecretary Christos Pachtas today signed a draft
agreement with the European Investment Bank (EIB) for a 4.3 billion drachma
programme providing for the installation of a marine environment control
system.
The ''Poseidon'' programme is being 85 per cent funded by the Financing
Mechanism of the European Financial Area countries (former European Free
Trade Association).
Under the programme, a marine environment control system will be installed
for the seas around Greece, namely the Aegean, Ionian and Libyan.
The three seas have long served as natural crossroads for sea transport
from the Black Sea, the Eastern Mediterranean, the Middle East (via the
Suez Canal) and the Adriatic.
It is hoped that the data collected during the implementation of the
programme will help avert ecological disasters in the marine environment.
The programme is also expected to result in significant benefits for the
Greek economy, particularly for fisheries, aquaculture, tourism, marine
transport and other sectors.
Pangalos calls for a successful Albanian election
Foreign Minister Theodoros Pangalos yesterday called on all political
forces in Albania to make every effort towards a successful outcome for the
June 29 elections, promising that Greece "will continue to offer every
possible assistance on the diplomatic, economic and humanitarian front."
In a statement, Pangalos warned against allowing "partisan concerns to
thwart" what he called "the historic opportunity offered by the elections".
He said the "international community would have to review its position with
regard to Albania if the elections foundered."
" If the elections were not held under free and fair conditions," Pangalos
said he feared "the end of Albania's troubles would not be at hand."
Meanwhile, there are no plans for Foreign Minister Theodoros Pangalos to
visit Albania, government spokesman Dimitris Reppas said yesterday replying
to reporters' questions.
Commenting on the situation in the neighbouring country, Reppas said it was
the responsibility of the political forces of Albania to give a solution to
the problem which exists.
On the presence of the multinational protection force in Albania and its
role, Reppas said ''no one is prepared to whitewash unilateral actions and
it is not possible for the international community to legitimize handling
which serves the plans of individuals or parties''.
''The international community will not remain indifferent,'' Reppas
said.
The spokesman expressed the hope that the political parties in Albania will
in the next few days find a way to communicate.
National Bank's new branch in Sofia
National Bank of Greece governor Theodoros Karatzas on Thursday will launch
the state bank's new branch in the Bulgarian capital and is expected to
meet members of the country's new government during his visit to the
capital.
Accompanying Mr. Karatzas to Sofia is a delegation of roughly 50 representatives
of industrial sectors including construction, foodstuffs, textiles and
metals.
Alpha Credit Bank 1996 profits rise 13%
Alpha Credit Bank reported a 13 percent increase in 1996 net profit to 43.1
billion drachmas from 38.2 billion the previous year.
Presenting annual results to the annual shareholders' meeting, the
president of the bank Yiannis Costopoulos said that 1996 represented yet
another year of success, coordinated growth, and confirmation of the bank's
leading role in the Greek banking industry.
WEATHER
Sunshine is forecast throughout the country today with cloud developing
later on in central and northern Greece. Winds will be southerly, light to
moderate, changing to north-northwesterly later in the day. Temperatures in
Athens will range from 19-36C. Thessaloniki will be sunny with increasing
cloud later in the day. Temperatures will range between 16-33C.
FOREIGN EXCHANGE
Wednesday's closing rates - buying US dlr. 265.846
Pound sterling 439.853 Cyprus pd 530.859
French franc 46.828 Swiss franc 189.546
German mark 157.733 Italian lira (100) 16.030
Yen (100) 233.765 Canadian dlr. 195.146
Australian dlr. 206.763 Irish Punt 407.871
Belgian franc 7.641 Finnish mark 52.239
Dutch guilder 140.318 Danish kr. 41.428
Swedish kr. 35.494 Norwegian kr. 37.888
Austrian sch. 22.413 Spanish peseta 1.875
Port. Escudo 1.569
(M.P.)
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