Athens News Agency: News in English, 12-02-08

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

CONTENTS

[01] Athens Newspaper Headlines

[02] Greece signs EU protocol to boost tourism

[03] Businesses warn of risk of domestic default

[01] Athens Newspaper Headlines

Government's negotiations with the troika (European Commission, European Central Bank, International Monetary Fund) on additional harsh measures and Prime Minister Lucas Papademos' imminent joint meeting with the party leaders supporting his interim government, dominated the headlines on Wednesday in Athens' newspapers.

ADESMEFTOS TYPOS: "Public sector puts its employees up 'for lease'.

AVGHI: "Nothing will pass".

AVRIANI: "Immediate elections the only solution".

DIMOKRATIA: "Today Greece will be hung on the cross".

ELEFTHEROS TYPOS: "Carnage in DEKO (public utilities and organisations) - Layoffs and cutbacks in salaries".

ESTIA: "The repercussions of former prime minister George Papandreou's proposal for a referendum".

ETHNOS: "End to tenure - Layoffs in Public Utilities and Organisations (DEKO)".

IMERISSIA: "Painful agreement - What the new Memorandum will change in our lives".

KATHIMERINI: "Poised between agreement and collapse".

LOGOS: "The main pensions also on the negotiations table".

NAFTEMPORIKI: "They agreed on the haircut, the new measures to be sealed today".

NIKI: "Greece drowning".

RIZOSPASTIS: "Sweep away the government and the troika that are devastating the salaries and pensions".

TA NEA: "Nightly war for salaries and pensions".

VRADYNI: "The night of the huge knives for our salaries and pensions".

[02] Greece signs EU protocol to boost tourism

The protocol has already been signed by Italy, France, Spain, Lithuania and Poland, while all European travel agency unions, the union of European tour operators and Alitalia, Air France, British Airways, Iberia, Lufthansa and TAP all cooperated towards the success of the project.amna

The aim of the European program is to strengthen tourism cooperation between Europe and third countries, based on the common traditions, culture, linguistic and educational bonds. The countries which have signed this protocol will take measures to facilitating tourism between European and South American countries by promoting travel to the benefit of local economies.

The minister discussed with the Commission’s vice-president issues related with European tourism policy.

[03] Businesses warn of risk of domestic default

In an announcement, ESEE stressed that “these options might not comply with the definition of right behaviour but under the current circumstances, words and opinions have lost their meaning and everyone reacts on its own. In this framework, even a default could be supported by a series of rational arguments”.

The managing council of ESEE unanimously agreed to send a letter of protest to the Prime Minister and political leaders expressing the agony of the commerce sector and warning over the danger of a domestic default on debt.

ESEE asks that the proposals of the sector to be heard in order to overcome basic economic problems, offering new hope to the market and restoring the faith of the commerce world to itself, leading the country back to recovery.

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