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The Hellenic Radio (ERA): News in English, 99-10-18

The Hellenic Radio (ERA): News in English Directory - Previous Article - Next Article

From: The Hellenic Radio (ERA) <ert.ntua.gr/>

CONTENTS

  • [01] GREEK NATIONAL BANK SHARES ON WALL STREET
  • [02] EMERGENCY HOUSING PLAN FOR QUAKE-STRICKEN HOMELESS
  • [03] MUD-SLINGING CONTINUES IN "VIDEO-LOTTO" DISPUTE
  • [04] "AXION ESTI" ICON ATTRACTS THOUSANDS OF PILGRIMS
  • [05] SPAIN'S QUEEN SOPHIA AT EL GRECO OPENING IN ATHENS
  • [06] DEFENCE MINISTER URGES RESPECT FOR INTERNATIONAL BORDERS
  • [07] CYPRIOT BANK HOLDS MAJORITY IN RUSSIAN INVESTMENT BANK
  • [08] CLERIDES SAYS CYPRUS SHOULD NOT BE AN EXCEPTION IN EUROPE
  • [09] CHRISTODOULOS DEFENDS POSITION AGAINST VATHOLOMEOS

  • [01] GREEK NATIONAL BANK SHARES ON WALL STREET

    National Bank of Greece shares will be floated on the New York stock exchange today at a price of 22,900 drachmas each. The opening of transactions at the American bourse will be announced by the National Bank governor, Theodoros Karatzas. It will be the second Greek entry on Wall Street, following the Hellenic Telecommunications Organisation (OTE). Public subscriptions have more than covered the number of available shares. In the meantime, fluctuations in the general share price index at the Athens Stock Exchange are not causing concern, according to financial analysts, as developments in international money markets obviously have an impact on the local bourse. At the same time, the Greek economy's progress has been described as positive by National Economy Minister Yannos Papantoniou, who said the government's main aim continues to be curbing inflation.

    [02] EMERGENCY HOUSING PLAN FOR QUAKE-STRICKEN HOMELESS

    The Interior Ministry has been in a state of readiness since Saturday to implement an emergency plan for re-housing those left homeless after the September 7 earthquake in Attica, if weather conditions worsen. Meanwhile, government and local officials are continuing their list of houses and businesses destroyed or seriously damaged by the quake. Yesterday, 11,241 homes and 1,523 business premises were recorded as requiring demolition or extensive repairs.

    [03] MUD-SLINGING CONTINUES IN "VIDEO-LOTTO" DISPUTE

    Referring to accusations by the New Democracy party, concerning irregularities in the establishment of an Olympic lottery-known as the video-lotto-acting government spokesman Nikos Athanasakis said the main opposition party was resorting to scandalmongering, because it was at a deadend. New Democracy has responded by maintaing that the relative draft bill will be withdrawn, or will not be passed, because it was the result of irregular procedures. It also claims that the government spokesman has declined to reveal details of the relative agreement, so that it may be a 10-year contract, even though the Olympic Games will be over in five years from today.

    [04] "AXION ESTI" ICON ATTRACTS THOUSANDS OF PILGRIMS

    Thousands of people are flocking to pay their respects to the "Axion Esti" icon from Mount Athos, which was received in Athens on the weekend with honours accorded to a head of state. The icon-believed to be miraculous-is being exhibited for a fortnight at the Aghios Panteleimon church in the Greek capital. Donations received will go towards easing the plight of the quake-stricken population in Attica.

    [05] SPAIN'S QUEEN SOPHIA AT EL GRECO OPENING IN ATHENS

    Queen Sophia of Spain, who is paying a 4-day private visit to Greece, yesterday visited the holy monasteries of Meteora in Thessaly. In Athens this evening, she will attend the opening of the El Greco exhibition at the National Art Gallery, which will be inaugurated by President Costis Stephanopoulos.

    [06] DEFENCE MINISTER URGES RESPECT FOR INTERNATIONAL BORDERS

    National Defence Minister Akis Tsohatzopoulos said yesterday that respect for human rights entails respect for borders, as they have been recognised through international treaties. Mr Tsohatzopoulos made the statement in a speech during events in Thessaloniki marking the anniversary of the Macedonian struggle. He also clarified that the uproar caused by the Foreign Minister George Papandreou's statements-regarding Greece's sovereign rights-was due to a misunderstanding. The ruling Pasok party and the government have proved, he pointed out, that non-negotiability of the country's sovereign rights has been a standing government policy for many years now.

    [07] CYPRIOT BANK HOLDS MAJORITY IN RUSSIAN INVESTMENT BANK

    The Cypriot Development Bank is participating, to the tune of 75 percent, in the first foreign investment bank to be established in Russia. The bank was inaugurated in Krasnodar, in the Black Sea region, by the Cypriot Finance Minister, Takis Clerides, who returned to Cyprus yesterday, following a 3-day visit to Krasnodar. In statements made at Larnaca airport, Mr. Clerides thanked the Russian ambassador in Cyprus, Georgi Muratov, for his contribution to the successful conclusion of the inter-state contract, which he described as ground-breaking. On his side, Mr. Muratov said that the Cypriot minister's visit to Krasnodar had significantly boosted economic relations between the two countries.

    [08] CLERIDES SAYS CYPRUS SHOULD NOT BE AN EXCEPTION IN EUROPE

    Cypriot president Glafcos Clerides yesterday underlined that in Europe-which no longer suffered from a divided nation - - Cyprus and the drama of its people should not remain a tragic exception. He made the remarks during a farewell address at the "Achievements and Prospects" seminar in the sector of human rights, on the occasion of the 50th anniversary since the founding of the Council of Europe.

    [09] CHRISTODOULOS DEFENDS POSITION AGAINST VATHOLOMEOS

    In a 3-page text, Archbishop Christodoulos of Athens and All Greece has rebutted the positions expressed by Ecumenical Patriarch Vatholomeos, in relation to control of the Patriarchate in the hands of Greek metropolitan bishops. According to a report in the "Sunday Eleftherotypia" newspaper, the carefully worded letter does not conceal the tension between the two hierarchial "centres," nor the extent of the problem which has arisen.
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