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Athens News Agency: News in English (PM), 98-06-05

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

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

NEWS IN ENGLISH

Athens, Greece, 05/06/1998 (ANA)


MAIN HEADLINES

  • May inflation stable at 5.3
  • FM welcomes CBMs initiative
  • Simitis hails work of BSEC
  • Defence minister delayed by plane fault
  • Yakovlev report due soon
  • Illegal immigrant smuggler arrested
  • Ex-Bulgarian king visits
  • Acropolis Rally begins Sunday
  • Weather
  • Foreign Exchange

NEWS IN DETAIL

May inflation stable at 5.3

Consumer price inflation in May held steady at 5.3 percent year-on-year from April, the Greek National Statistics Service (GNSS) said today. Inflation is expected to resume its downward trend in June after absorbing the impact of a 13.8 percent devaluation when the drachma joined the European Union's exchange rate mechanism on March 14. "The repercussions of the devaluation are over and in June it (inflation) will begin its decline, " GNSS secretary general Nikos Karavitis told journalists.

FM welcomes CBMs initiative

Foreign Minister Theodoros Pangalos said today that Greece would do everything possible to make even more specific NATO Secretary-General Javier Solana's announcement on CBMs in the Aegean. Solana yesterday announced that Greece and Turkey had agreed to fully implement accords signed in 1988 concerning rules of conduct related to military activities in the Aegean and, when possible, to supplement them. While describing the announcement as "quite general", Pangalos acknowledged that it contained "a number of new elements".

Simitis hails work of BSEC

Prime Minister Costas Simitis described as "particularly important" the Black Sea Economic Cooperation (BSEC) summit, shortly after the signing of a charter elevating the five-year-old regional cooperation body to the status of an official international organisation. Speaking to reporters after the signing, according to an ANA despatch from Yalta, Simitis said Greece, the only European Union member of the BSEC would work to strengthen relations between the organisation and the EU.

Defence minister delayed by plane fault

National defence minister Akis Tsohatopoulos was forced to delay his return to Athens after a two-day official visit to Slovenia when his C-130 military transport plane developed problems just before take-off from Ljubljana late last night. The wheel axle beneath the nose of the Greek C- 130 broke as the plane was taking position on the airport runway around midnight, bringing the nose to rest on the tarmac. Tsohatzopoulos and his entourage spent the night in the Slovenian capital and are due back later today.

Yakovlev report due soon

The Greek authorities have completed a report on the December 17 crash of a Ukrainian Yakovlev-42 aircraft that cost the lives of all 72 people on board and will be handing it to the Ukrainian and Russian governments shortly for comments, Transport and Communications Minister Tassos Mandelis said on Thursday. Mandelis said Russian and Ukrainian experts would examine the report. He was speaking after relatives of the people killed in the crash gave a news conference to express their concern over the delay in the issuing of the report. The Russian airliner crashed into a mountainside in Pieria west of its destination of Thessaloniki on December 17.

Illegal immigrant smuggler arrested

Greek police said on Thursday they had arrested an Iraqi man thought to be a central player in the trade in smuggling illegal immigrants and narcotics from Turkey to Greece. Police said Ali Mohammad, 26, was arrested at the 20th kilometer on the Alexandroupolis-Komotini road, along with two Greek men and another Iraqi national in a car that was travelling ahead of a truck carrying 19 Iraqi illegal immigrants.

Ex-Bulgarian king visits

Bulgaria's deposed king Simeon II arrived in Greece today for a visit to the all-male monastic community of Mt. Athos, only a day after the Bulgarian constitutional court restored to his family the royal properties seized in 1947. Simeon was currently sailing the Aegean in a yacht, and planned to arrive at Mt. Athos tomorrow morning for a three day visit including the the Zographos Monastery inhabited by monks of Bulgarian descent, according to sources.

Acropolis Rally begins Sunday

The 45th international Rally Acropolis begins on Sunday at the foot of Athens' most famous landmark - the "Sacred Rock" - with the participation of 33 foreign and 72 Greek teams. The main change in this year's rally, which counts in the world drivers' and makers' championship, will be that the two overnight stays will be at Delphi rather than Kammena Vourla. The rally will also have five new special sections, four of which are near Athens and therefore expected to draw large crowds.

WEATHER

Fair weather will prevail throughout Greece today with the possibility of scattered showers in eastern Macedonia and Thrace. Winds will be variable, light to strong. Temperatures in Athens will range between 19-31C, while in Thessaloniki from 17-31C.

FOREIGN EXCHANGE

Thursday's rates (buying) U.S. dollar 298.394 British pound 488.342 Japanese yen(100) 215.700 French franc 50.304 German mark 168.645 Italian lira (100) 17.126 Irish Punt 425.667 Belgian franc 8.177 Finnish mark 55.502 Dutch guilder 149.663 Danish kr. 44.289 Austrian sch. 23.971 Spanish peseta 1.986 Swedish kr. 38.480 Norwegian kr. 40.051 Swiss franc 202.611 Port. Escudo 1.646 Aus. dollar 182.379 Can. dollar 204.927 Cyprus pound 575.043

(M.P.)


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