Athens News Agency: News in English, 06-06-08

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

CONTENTS

[01] Greece, Ukraine seek closer business ties

[02] Physicist Nanopoulos honoured

[01] Greece, Ukraine seek closer business ties

"There is great leeway to upgrade business ties," Stylianidis said during a visit to Ukraine at the head of a 50-member delegation to Ukraine.

On Thursday, a joint ministerial committee of the two countries is due to sign a protocol for economic, industrial, technological and scientific cooperation. Other agreements will be signed for telecommunications and standardisation.

Stylianidis also met Ukraine's deputy foreign and finance ministers for talks.

He also addressed a Greek-Ukrainian business forum on the sidelines of the committee's meeting, saying that bilateral trade was low, despite rising to 250 million US dollars in 2005; and that the trade balance was in Ukraine's favour.

"This needs to be equalised, benefitting both countries," he noted.

Stylianidis also pointed out that Greek investments in Ukraine totalled about 350 million dollars from 80 companies. Among them are a subsidiary of Athens-quoted engineering contractor Mechaniki; and Athens-quoted Germanos, which is expected to run 300 stores in Ukraine by 2008.

Greek firms were especially interested in construction projects in Ukraine, along with tourism and energy, he added.

[02] Physicist Nanopoulos honoured

Papageorgopoulos, addressing professor Nanopoulos, said that the eminent physicist enabled Greece to pride itself that one of its children had conquered the highest summits of knowledge, which he continued to broaden, and expressed the belief that the country will repay him for everything he has done.

Professor Nanopoulos stated characteristically that these are times of epochal importance in terms of acquisition of knowledge and scientific discoveries.

The distinguished professor at Texas A&M University is the author of over 540 referred articles, 13 books and over 30,000 citations. He is the chairman of the National Council for Research and Technology, National representative to CERN (European Organization for Nuclear Research) and the European Space Agency (ESA).

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