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Athens News Agency: News in English (PM), 98-10-27

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

From: The Athens News Agency at <>


Athens, Greece, 27/10/1998 (ANA)


  • Slovenian PM to visit Athens
  • Policeman charged with Serb teen killing
  • Papandreou on EU social dimension
  • Greek equities end up
  • Morgan Stanley: Greece in EMU in 2000
  • Public subscription for third OTE flotation
  • Greece ready to bid for palimpsest
  • 'Oxi Day" celebrations
  • ESHEA protests closure of three Serbian newspapers
  • 2004 Olympic Games projects to begin after 2000
  • Roussel sues Onassis Foundation president
  • Later deadline for 'green card' applications
  • Weather
  • Foreign Exchange


Slovenian PM to visit Athens

Slovenian Prime Minister Janez Drnovsek will pay an official visit to Greece beginning Thursday, according to an ANA dispatch from Ljubljana. Drnovsek is scheduled to meet with President Kostis Stephanopoulos, Prime Minister Costas Simitis, Parliament President Apostolos Kaklamanis and Athens Mayor Dimitris Avramopoulos. Drnovsek's visit is expected to focus on Slovenian efforts to join the European Union. Greece is one of the countries that has not yet ratified the EU agreement with Slovenia but is expected to place the issue on the parliamentary agenda soon.

Policeman charged with Serb teen killing

The policeman charged with killing a Serbian schoolboy on Friday in Thessaloniki's city centre was released on bail on Tuesday, after being formally charged with homicide with intent. The decision to allow Kyriakos Vandoulis, 32, out on bail drew harsh criticism from the boy's father, Dragoslav Bulatovic, who arrived in the Greek city late on Monday to accompany his son's body back to Belgrade.

Papandreou on Eu social dimension

Development Minister Vasso Papandreou said today that the recent EU summit in Poertschach had ascertained the imperative need to reactivate the social dimension of European unification, and signalled an essential turn and reorientation of EU policy in precisely that direction. Papandreou made the statement to the Athens News Agency (ANA) on the occasion of the EU informal summit in Poertschach, Austria, over the weekend that focused on social policy and employment, and in her capacity as a former European Commissioner responsible for social policy.

Greek equities end up

Strong buying interest in banks and industrials pushed the Athens Stock Exchange higher at Tuesday's session with the general price index closing at 2140.39, up 1.71 percent. Turnover was 46.2 billion drachmas. Banks ended up 2.11%, Insurance down 0.33%, Leasing down 1.31%, Industrial up 1.82%, Construction down 1.01%, Miscellaneous up 0.75% and Holding up 2.49%. The small cap parallel market ended up 1.24%.

Morgan Stanley: Greece in EMU in 2000

A report by the US investment bank Morgan Stanley, published yesterday, sends a positive message to foreign markets that Greece can achieve Maastricht Treaty criteria and join Economic and Monetary Union (EMU) in the year 2000. According to Morgan Stanley's assessments on inflation in Greece for 1999, it projects an average of 2.4 per cent, allowing the nation to meet the relevant accession criterion.

Public subscription for third OTE flotation

he Hellenic Telecommunications Organisation's OTE third flotation phase entered the stage of public subscription throughout the country yesterday. Until Friday, investors will be able to declare the amount they wish to invest in OTE shares. Investors who will keep their shares for at least six months will be entitled to a bonus of one free share for each 10 new shares. Meanwhile, over the same period, namely during the current week, OTE employees will be on strike to protest the new flotat ion which they consider superfluous and harmful.

Greece ready to bid for palimpsest

Greece is ready to bid for a 12th century palimpsest containing the only known letter from ancient Greek scientist Archimedes to astronomer Erastosthenes at a New York auction later this week, Culture Minister Evangelos Venizelos said yesterday. Mr. Venizelos said that his appeal for donations to bid for the palimpsest if the auction did go ahead despite Greece's appeal that it be returned to its owners, had been enthusiastically responded to.

'Oxi Day" celebrations

Three-day celebrations began in Thessaloniki yesterday with the presence of Greece's political and military leadeships as well as Archbishop of Athens and All Greece Christodoulos. Yesterday, Thessaloniki celebrated the feast day of its patron saint, Agios Dimitrios, and the city's liberation from Ottoman rule. Tomorrow marks the commemoration of 'OXI Day' -- the 58th anniversary of Greece's entry into WWII.

ESHEA protests closure of three Serbian newspapers

Athens Journalists' Union (ESHEA) sent a letter of protest to Yugoslavia's PM and press minister expressing the organisation's strong reaction to the closure of three Serbian newspapers. ESHEA also wrote to the Secretary General of the International Journalists Federation pointing out that "silencing of the press" is not only limited to Yugoslavia, it also exists in Turkey.

2004 Olympic Games projects to begin after 2000

Athens 2004 Olympic Games committee president Stratis Stratigis yesterday stated that construction of new projects for the games will begin after the year 2000. Mr. Stratigis added that the total cost of new construction for the Games is set at 173 billion drachmas. Both Mr. Stratigis and 2004 managing director Costas Bakouris said that there was a small delay in the preparation work for the Games, probably due to the slow-moving mechanisms of ministries involved. Mr.Bakouris also noted delays in personnel hiring.

Roussel sues Onassis Foundation president

Attorneys for Thierry Roussel, the father of 14-year-old Athina Onassis Roussel - heir to the vast fortune of late shipping magnate Aristotle Onassis - yesterday filed a lawsuit for defamation against the president of the Onassis Foundation, Stelio Papadimitriou. The suit refers to statements made by Mr. Papadimitriou three months ago. Mr. Roussel, meanwhile, will be in Athens on Friday to stand trial on charges of perjury, false accusations and slander against the president and three members of the Onassis Foundation.

Later deadline for 'green card' applications

Labour Minister Miltiades Papaioannou yesterday announced that a deadline for "green card" applications for illegal immigrants has been moved to Dec. 31, 1998. He added that insurance prerequisites needed for legalisation are also set for the end of the year.


Cloud and scattered rain will prevail throughout Greece today. Winds variabe, light to moderate, turning strong in the central and northern Aegean Sea. Partly cloudy in Athens with occasional drizzle and temperatures between 10-15C. Cloud and rain in Thessaloniki with temperatures from 14- 20C.


Tuesday's rates (buying) U.S. dollar 277.343 British pound 464.752 Japanese yen (100) 232.971 French franc 50.034 German mark 167.737 Italian lira (100) 16.955 Irish Punt 418.822 Belgian franc 8.137 Finnish mark 55.207 Dutch guilder 148.864 Danish kr. 44.164 Austrian sch. 24.026 Spanish peseta 1.997 Swedish kr. 36.079 Norwegian kr. 37.726 Swiss franc 205.552 Port. Escudo 1.639 Aus. dollar 171.289 Can. dollar 178.679 Cyprus pound 563.615


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