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Athens Macedonian News Agency: News in English, 13-09-09

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

From: The Athens News Agency at <>


  • [01] Mycenean palace and Linear B tablets discovered in Sparta area
  • [02] FinMin: There will be no more fiscal measures
  • [03] Government's meetings over fate of ELVO, EAS and Larco

  • [01] Mycenean palace and Linear B tablets discovered in Sparta area

    ANA/MPA--A new excavation in the Xirokambi area of Aghios Vassilios west of Sparta, in the Peloponnese, has revealed a richness of Mycenean artefacts in the area, including the remains of a palace, Linear B tablets, fragments of wall paintings, and several bronze swords.

    The excavation, led by emeritus ephor of antiquities Adamantia Vassilogrambrou, was presented publicly at the biennial Shanghai Archaeology Forum at the end of August as one of 11 sites showcased from different parts of the world.

    The Aghios Vassilios excavation began in 2010, after Linear B tablets were found in the area in 2008, pointing to the existence of a powerful central authority and distribution system. The deciphered texts were devoted to perfume and cloth production, the trade of which was controlled by a palace administration in the Mycenean era.

    Evidence of a central palace administration was confirmed also by the architecture, which is dated to the 14th century BC, while contact with Crete was confirmed by the finding of a double axe, a feature of the island's palace culture.

    Artefacts found include seals, a multitude of ceramic and bronze vessels, and 21 bronze swords. According to the evidence, a sudden fire that broke out either at the end of the 14th century or the beginning of the 13th destroyed the three buildings on the site which were never rebuilt at the same location.

    [02] FinMin: There will be no more fiscal measures

    ANA/MPA--There will be no new fiscal measures in the case of signing a new memorandum, Finance Minister Yiannis Stournaras said on Monday.

    In a radio interview, Stournaras said that in the case of a third programe and the signing of a new memorandum the government will introduce new fiscal measures but will continue implementing the existing programe of structural reforms. The Finance Minister said the economic developments were justifying the government's forecasts over growth and noted that structural measures will enhance the economy's growth dynamic, and brought as a example the lifting of cabotage which helped boosting tourism revenues this year.

    Commenting on the defense industry he said that state subsidies considered as illegal by the European Union could be offered as supplementary pension to citizens in need, noting he was still awaiting for the proposals of the Defense ministry before submitting the government's final plan for the future of the defense industry to the troika.

    [03] Government's meetings over fate of ELVO, EAS and Larco

    ANA/MPA--The Greek government began a new round of meetings over the fate of the country's two defense industries, Hellenic Vehicle Industry (EL

    Finance Minister Yannis Stournaras will chair a meeting with Defense Minister

    The Greek government's plan envisages the liquidation in operation of the three industries and their sale. VO) and Hellenic Defense Systems (EAS), and Larco, following the troika's demand to close down these enterprises "with workers' compensation not exceeding the legal limits" as it clearly stated in an e-mail sent to Finance ministry last week.staff to discuss possible solutions for ELVO, followed by a meeting with National Defense Alternate Minister Fofi Gennimata to discuss solutions for EAS and later one a meeting with Environment Deputy Minister Asimakis Papageorgiou to discuss the future of Larco.

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