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Athens News Agency: Daily News Bulletin in English, 03-10-23

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

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

October 23, 2003

CONTENTS

  • [01] PM strongly supports draft EU Constitution in Parliament
  • [02] Communist party leader tells Parliamentary debate gap between countries widening
  • [03] FM Papandreou meets with U.S. Cyprus Coordinator Weston
  • [04] Karamanlis receives State. Dept coordinator for Cyprus
  • [05] State Dept. comments
  • [06] Turkish FM Gul winds up Athens by meeting PM Simitis
  • [07] Outgoing NATO secretary general holds farewell talks with FM and DM
  • [08] Greek-Turkish high level discussions in Athens focus on economic relations
  • [09] Wine production in Greece up 4.1 pct in 2003-2004, report
  • [10] World Tourism Association Seminar to be held in Rhodes, Nov 24-25
  • [11] Euro-Mediterranean business meeting in Athens next month
  • [12] European Commission referring Greece to European Court on vehicles issue
  • [13] PM calls on striking workers to show restraint
  • [14] Gov't comments on ongoing garbage collectors strike
  • [15] PM says situation created with heaps of garbage a 'disgrace'
  • [16] Dynamic Life S.A. establishes subsidiary in Dublin
  • [17] Foreign ministry tables bill for FYROM economic support
  • [18] Five new ships enter Greek registry
  • [19] Greek stocks fall on profit taking
  • [20] Government officials assure IOC Olympic Stadium project ready in time
  • [21] New finds link Thera volcano eruption to collapse of Mycanean civilization
  • [22] Benaki Museum calls for donations to purchase Byzantine treasure
  • [23] Historic 18th-century church burnt down in Preveza
  • [24] Explosion at ND local office in Thessaloniki causes minor damage
  • [25] Exhibition on Cyprus' ancient Hellenic culture begins in NYC
  • [26] ESHEA denounces attack against Turkish Cypriot journalist
  • [27] Broader cooperation between Evros prefecture, SE Bulgaria discussed
  • [28] Meeting on seismic protection of monuments on Crete
  • [29] 'N17' trial continues with final arguments for youngest defendant
  • [30] 'The roads of the olive' program' receives backing
  • [31] Magriotis attends Izetbegovic's funeral in Sarajevo
  • [32] 'Eleni Vlachou' journalism award goes to Diakoyiannis
  • [33] Union of European Journalists presents ''Kalligas'' awards
  • [34] Debate held in Athens on the future of modernization
  • [35] UNICEF highlights problems related to racism and xenophobia in schools
  • [36] Hadjidemetriou: Cyprus can offer a lot to the EU
  • [37] MacShane reiterates need for Cyprus settlement before May 1st

  • [01] PM strongly supports draft EU Constitution in Parliament

    Athens, 23/10/2003 (ANA)

    Prime Minister Costas Simitis on Wednesday spoke strongly in support of the draft European Constitution discussed by EU leaders in Brussels, describing it as a democratic plan that served Greek goals, in spite of having certain flaws.

    Speaking during an off-the-agenda debate in Parliament on ''Greece's course within Europe'', Simitis said that the draft EU Constitution should be adopted as quickly as possible and that Greece should align itself with countries that wanted its adoption without amendments that would undermine its essence.

    Referring to specific details, he said the Greek government was in favor of a greater number of MEPs for smaller countries and a clear description of the role of the European President, so that it was absolutely distinct from that of the European Commission president, as well as one European commissioner from every member-state.

    With regard to making decisions, Simitis said these should be 50 per cent based on the votes of the member-states and 50 per cent on the total number of EU citizens.

    He also stressed that the Greek government was in favor of developing a distinct European defense.

    According to Simitis, the government supported a federal model for the EU, while clarifying that this federal Europe should emerge gradually through consensus, by reinforcing federal elements and accepting intergovernmental structures.

    The prime minister noted, meanwhile, that the Greek EU presidency in the first half of 2003 had helped establish Greece's standing and credibility within Europe, so that the country was no longer on the sidelines of international developments but able to take a leading role to promote its own interests.

    New Democracy's positions: Addressing Parliament in his turn, main opposition New Democracy leader Costas Karamanlis focused mainly on the shortcomings of the Greek economy, saying that Greeks did not enjoy the same level of prosperity and progress as their fellow Europeans.

    In a stinging critique on the government, he said it had failed to take advantage of the vast resources placed at its disposal by the EU, which were being steadily squandered through rampant corruption, non transparency bureaucracy.

    He also accused the government of basing its policies on a mix of ''creative accounting and tax raids'' instead of pushing through necessary reforms to boost competitiveness and deal with the problems.

    With respect to the Convention for the Future of Europe and the draft European Constitution, Karamanlis said his party was also in favor of moving toward a federal 'United Europe'.

    He accused the government, however, of backtracking on earlier positions supported by ND regarding the composition of the European Commission and retaining the rotating presidency, which ND felt were essential for the equal standing of all EU member-states.

    He said that texts sent by the Greek government to the EU only referred to 15 commissioners of equal standing and a number of 'second-class' commissioners, rather than 'one commissioner per country,' as asserted by Simitis in Parliament.

    ND was also in favor of adopting the draft EU Constitution as quickly as possible but only after further improvements had been made that guaranteed the principle of equality between member-states, reinforced Europe's international role and guaranteed that Greece would be a party to decision-making, Karamanlis said.

    He also stressed that ND wanted each country to be represented by a European Commissioner with equal power and voting rights.

    The main opposition leader underlined the need for European defense integration, with Greece among the frontrunners, through the creation of a defense eurozone that was open to all those that wished to join.

    ND was also in favor of extended special majority for making decisions about foreign policy, provided this did not harm vital Greek interests, he added.

    Referring to the Cyprus issue and relations with Turkey, meanwhile, Karamanlis said his party supported Greek Cypriots in their efforts for a just, viable and functional solution to the Cyprus problem, stressing that the Annan plan should be the basis for negotiations.

    He also stressed that a solution to the Cyprus problem was an essential prerequisite for improving Greek-Turkish relations, restoring mutual trust and promoting Turkey's European prospects.

    While noting an apparent improvement in the climate between the two countries, Karamanlis pointed out that all the major problems remained and that unilateral concessions had historically failed to yield positive results and called on the government to brief the parties on the results of the exploratory talks with Turkey, which he described as 'secret diplomacy'.

    At the same time he referred to his meetings over the past year with Turkish Prime Minister Recep Tayyip Erdogan, noting that they had agreed on a need to improve bilateral relations.

    Responding to Karamanlis in his rejoinder, Simitis accused him of presenting a distorted picture of the Greek economy and said the main opposition party had not supported the Greek EU presidency.

    Countering the main opposition's arguments, Simitis said that Greece had the highest growth rate within the EU, had achieved convergence in social spending, while its unemployment rate was only marginally higher than the EU average.

    Responding to ND's accusations that the government had failed to support the Greek farm sector within the EU, the prime minister said Karamanlis was ignoring the decisions taken at the Thessaloniki summit that favored Greek positions.

    Coalition's positions: The leader of the Coalition of the Left, Movements and Ecology

    party Nikos Constantopoulos opposed the draft EU Constitution in his first address to the house, saying that the European Commission's proposals "were not want Europe needs in the 21st century".

    Political unification could only go ahead in the sense of common European interests, something that did not now exist since the powerful EU member-states, in particular, differed in their perception of their interests.

    He said the Coalition was in favor of holding a national referendum on whether to adopt the European Constitution and also a radical revision of the Stability pact.

    He also criticized European social-democratic parties for "shifting to neoconservative positions", a claim refuted by the prime minister in his rejoinder.

    [02] Communist party leader tells Parliamentary debate gap between countries widening

    Athens, 23/10/2003 (ANA)

    Communist Party of Greece (KKE) Secretary General Aleka Papariga, addressing Parliament on Wednesday during an off-the-agenda debate on Greece and the European Union, said the gap between countries is widening, there is stagnation in the development of the EU and optimistic predictions did not come true and there is no single policy.

    Papariga said that rivalries between European countries will increase, despite the political strengthening of the centre in Brussels, adding that for her party ''a progressive policy is one which develops the country's production base as the property of the people. Peoples must create struggle fronts against the strategy of the EU and must have results in changes of correlations at European level.''

    Referring to foreign policy issues, she said nothing was said about the attack against Syria and Lebanon, while the resolution on the Palestinian issue was worse than all the previous ones.

    Commenting on Greek-Turkish relations, Papariga expressed support for normalization and dialogue but rejected the ''climate of joy prevailing'', believing that the rapprochement being observed is a conjectural one.

    [03] FM Papandreou meets with U.S. Cyprus Coordinator Weston

    Athens, 23/10/2003 (ANA)

    U.S. State Department Coordinator for Cyprus Thomas Weston held talks on Wednesday with Foreign Minister George Papandreou on the protracted Cyprus problem. Weston arrived earlier in the Greek capital after holding talks with Turkish officials in Ankara and before visiting Nicosia on Thursday.

    Weston termed as ''very useful'' his talks in Athens and Ankara and, while answering a reporter's question on what he considered as the most suitable time for a Cyprus settlement he said ''yesterday''.

    The U.S. official left open the possibility of a meeting in Cyprus with Turkish Cypriot leader Rauf Denktash saying that his meetings on the island republic have not yet been finalized.

    U.S. Ambassador to Athens Thomas Miller was also present at the meeting.

    [04] Karamanlis receives State. Dept coordinator for Cyprus

    Athens, 23/10/2003 (ANA)

    Main opposition New Democracy (ND) leader Costas Karamanlis on Wednesday received visiting US State Department coordinator for Cyprus Thomas Weston for talks expectedly focusing on the latest developments in the long-standing problem.

    According to reports, Washington is apparently interested in keeping the issue on the forefront so a solution based on the Annan peace plan is feasible in the aftermath of “elections” (December) in the Turkish-occupied portions of the island republic.

    Karamanlis reiterated ND’s standing positions for a fair and viable solution to the Cyprus problem based on the European Union’s acquis communautaire and the Annan plan, views held by practically the entire spectrum of Greece’s political world. No comments were made following the meeting.

    Weston began another tour of the region this week, including stops in Ankara and Nicosia.

    [05] State Dept. comments

    WASHINGTON, 23/10/2003 (ANA-T. Ellis)

    US state department deputy spokesman Adam Ereli said Tuesday, in reply to questions during a regular press briefing. that the purpose of Weston’s trip to Ankara-Athens-Nicosia ''is the same as it's always been when he's gone to the region, to convey U.S. views on the way ahead to a Cyprus settlement, and to discuss this with the parties involved''.

    ''Ambassador Weston continues to urge all parties to the Cyprus issue, both sides on the island, as well as Greece and Turkey, to express to the UN Secretary General (Kofi Annan), as soon as possible, the necessary political willingness he has requested to resume negotiations under the framework of the UN Good Offices Mission on the basis of the Annan plan,'' Ereli said.

    ''That's what he's discussing on all his stops on his trip, including his stop at Ankara,'' the deputy spokesman added.

    Replying to a question prompted by a statement he had made during Monday's press briefing expressing the concern of the US government regarding irregularities in the so-called elections in the occupied sector of Cyprus, and asked what the US government ''is going to do to prevent those irregularities with the UN'', Ereli said that one most not ''prejudge elections or predict their outcome''.

    ''We won't do that, and Ambassador Weston hasn't done it,'' he said.

    ''Ambassador Weston expressed his hope that the elections will be fully democratic, and noted that there's clear support among many Turkish Cypriot political leaders for finalizing negotiations on the Secretary General's peace plan and submitting it to referenda in time for a reunited Cyprus to join the EU on May 1, 2004,'' Ereli continued.

    Replying to questions during Monday's briefing, Ereli had said that the US sees the upcoming elections in December in the Turkish Cypriot pseudo-state as "as a crucial opportunity for Turkish Cypriots to express their will on the central question of whether they desire a Cyprus settlement based on UN Secretary General Annan's peace plan and EU membership", noting that, in that sense, "the elections are a referendum on the Annan plan that the Turkish-Cypriots were denied when United Nations sponsored peace talks were abandoned by their side at The Hague".

    He had also expressed the US hope that "the elections will be fully free and fair and that the will of the Turkish-Cypriot people will be reflected in the choice of negotiator for their community''.

    To a question on whether the US was ''concerned at all about some indications of problems with the election lists in the occupied areas'', Ereli had replied that "there are a number of press reports concerning possible irregularities in Turkish-Cypriot voter lists, such as the inclusion of dubiously qualified voters; and these reports do cause us concern''.

    [06] Turkish FM Gul winds up Athens by meeting PM Simitis

    Athens, 23/10/2003 (ANA)

    Turkish foreign minister and deputy premier Abdullah Gul on Wednesday wound up a 24-hour visit to Athens with a meeting with Greek Prime Minister Costas Simitis, which took place in a ''very good climate'', according to diplomatic sources.

    During their 50-minute meeting, Simitis and Gul reviewed Greek-Turkish relations, Turkey-EU rapprochement, the Cyprus issue, and the problem of violations of Greek national airspace by Turkish air force jets.

    Speaking to reporters after the meeting, Simitis called 2004 an ''important year'' for matters concerning the Cyprus issue and also for Turkey's European prospects, and stressed the need for solutions to be found to the problems.

    Gul expressed the desire for peaceful solutions to be found for all the issues, via dialogue, adding that Europe must manifest its good intentions towards his country.

    Asked whether he had conveyed a message to Simitis (from Turkish prime minister Tayyip Erdogan), Gul replied that Simitis and Erdogan met regularly and therefore had no need of others to convey messages.

    Earlier, at the foreign ministry, Turkish Finance Minister Kemal Unakitan, the governor of Turkey's central bank Sureyya Serdengecti, and the presidents of the Greek and Turkish Chambers of Commerce met with Greek Foreign Minister George Papandreou, National Economy and Finance Minister Nikos Christodoulakis, central bank governor Nikos Garganas, National Bank of Greece governor Theodore Karatzas and Alpha Bank chairman Yannis Kostopoulos for a review of the economic situation in both countries and to discuss new ways for growth and cooperation on both sides of the Aegean.

    Gul left Athens at noon for Sarajevo to represent Turkey at the funeral of former Bosnia-Herzegovina president Alija Izetbegovic.

    In comments on the visit on Wednesday, government spokes-man Christos Protopapas said the government had highlighted the Cyprus issue in talks with Gul.

    Protopapas also pointed to the prime minister's comments in Parliament, where Simitis had reiterated that a solution to the Cyprus problem was a prerequisite for Turkey's European progress.

    The spokesman rated the visit as positive overall, and said the repeated contacts had confirmed a "climate of understanding that makes the visit useful and beneficial."

    [07] Outgoing NATO secretary general holds farewell talks with FM and DM

    Athens, 23/10/2003 (ANA)

    Outgoing NATO secretary general Lord George Robertson, who arrived in Athens as part of a farewell tour of NATO member-states, held consecutive meetings with Foreign Minister George Papandreou, Defense Minister Yiannos Papantoniou and armed forces general staff chiefs on Wednesday.

    Asked on the issue of a possible Greek contribution with helicopters in Afghanistan, Robertson said he hoped for the generosity of the Greek people but does not knock on Greece's door alone since those who are there are in need of protection.

    Referring to the same issue, Papantoniou said Greece's contribution will be discussed, which might take on other forms, adding that Greece is hesitating to commit forces and weaponry systems. He said other methods can be found to meet our obligations. Both Papandreou and Papantoniou expressed satisfaction over cooperation with Robertson during his tenure. On his part, Robertson expressed his appreciation for the very close ally Greece.

    The foreign minister, on the occasion of his previous meeting with US representative for Cyprus Thomas Weston said developments on the Turkish Cypriot side are being awaited, adding that there is expectation for the message from that side, terming it crucial for the future of the island, the Turkish Cypriots and Turkey.

    [08] Greek-Turkish high level discussions in Athens focus on economic relations

    Athens, 23/10/2003 (ANA)

    The Greek-Turkish economic relations were at the focus of a high level discussion that took place at the foreign ministry on Thursday, where ways to increase and improve the current conditions were discussed.

    National Economy and Finance Minister Nikos Christodoulakis, Foreign Minister George Papandreou, Turkish Foreign Minister Abdulah Gul, Turkey's Economy Minister Ali Babacan, and Turkey's Finance Minister Kemal Unakitan participated in the meeting along with the governors of the central banks of the two countries and other high ranking officials.

    Christodoulakis proposed - and the proposal was accepted - that federations of industries and of the banking sector meet head of his visit to Ankara, which is scheduled for December, so that preparations may be made and that his visit yield immediate results.

    [09] Wine production in Greece up 4.1 pct in 2003-2004, report

    Athens, 23/10/2003 (ANA)

    Wine production in the European Union will be the lowest in the last 10 years in the period 2003-2004, hit by a heat wave and severe drought conditions in several EU regions last summer, the Confederation of European Farm and Cooperative Organizations COPA and COGECA said on Wednesday.

    The confederation, however, said that wine production in Greece rose 4.1 percent in the period 2003-2004 compared with the period 1998-1999.

    COPA-COGECA, in a report published on Wednesday in Brussels, said that wine production the EU would total 156 million hectoliters, down 9.3 percent from the 1998-1999 period, marking its fourth consecutive year of decline.

    Germany (-21 percent), France and Italy (-16 percent each) recorded the biggest annual declines in production, while Spain (10.6 percent), Portugal (10.4 percent) and Greece (4.1 percent) the biggest annual increases.

    Greek wine production totalled 3.67 million hectoliters from 3.52 million in 1998-1999.

    [10] World Tourism Association Seminar to be held in Rhodes, Nov 24-25

    Athens, 23/10/2003 (ANA)

    SETE, the Federation of Greek Tourist Enterprises, was re-elected for the fourth consecutive time in the vice-presidency of World Tourism Organization’s Business Council (WTOBC), during the 15th general assembly of the world tourism body in Beijing on Tuesday.

    The WTOBC represents all non-government organizations participating in the World Tourism Organization as associate members. WTOBC, representing the private sector, aims to promote cooperation between governments and enterprises for the support of tourism around the world.

    SETE, in cooperation with WTOBC, announced the 1st World Tourism Association Seminar to be held in Rhodes, November 24-25.

    Around 30 countries have expressed interest in participating in the conference, the agenda of which includes professional networking strategies, performance indexes, public rela-tions/media, attracting members, member contribution policies and information data management.

    [11] Euro-Mediterranean business meeting in Athens next month

    Athens, 23/10/2003 (ANA)

    The Foundation for Mediterranean Cooperation will hold its fifth international conference on "Euro-Mediterranean Business Meeting: Building New Bridges: Europe and the Arab world", November 28-December 4, at the facilities of the Piraeus Port Organization.

    Karolos Papoulias, honorary-president of the Foundation, speaking to reporters during a news conference, stressed that Greek-Arab trade relations were growing steadily and that the conference will discuss ways to invest Greek and Arab capital to Southeast European countries.

    Mr Papoulias, noted that bilateral trade with United Arab Emirates was showing a surplus for the Greek side and stressed that Greek exports were raising an annual rate of 10 percent.

    "Greece has great potential to promote bilateral economic relations with Arab states with the countries in the region showing significant investment opportunities to Greek businessmen," Mr Papoulias said.

    Arab states are promoting bilateral economic and technological partnership agreements, deals to promoting and protecting investments, pacts to avoid double taxation, free trade zones and favorable tax status for foreign investments, in their effort to attract foreign capital, particularly from Greece.

    United Arab Emirates, Iraq, Qatar, Comores, Lebanon, Libya, Morocco, Bahrein, Oman, Palestine, Saudi Arabia, Sudan, Syria and Yemen, will participate in the conference with interest focusing on construction, tourism, real estate, bank and new technology sectors.

    Greek Transport and Communications Minister Christos Verelis, speaking to reporters, stressed that Greece was establishing itself as the centre of a Euromediterranean Network, as part of an EU programmed to support a Euro-Mediterranean Transport Network, a project approved during the Greek EU presidency.

    Agriculture Minister George Drys told the news conference that the ministry aimed to promote bilateral agreements with Mediterranean countries in the framework of the viability and rational utilization of natural resources in the region.

    [12] European Commission referring Greece to European Court on vehicles issue

    Athens, 23/10/2003 (ANA)

    Greece is being referred to the European Court for failing to comply with the Council's directive ''on vehicles at the end of their life cycle.''

    This is deduced by a reply given by the Commission to a written question by Coalition Party Eurodeputy Mihalis Papayiannakis on whether Greece has incorporated the directive.

    Environment Commissioner Walstrom said ''the member-states, according to the directive, had to activate legislative, regulatory and administrative clauses by April 21, 2002. In parallel, they had to notify the Commission. Since Greece did not announce the national measures for the transfer of the directive when the time limit anticipated expired, the Commission activated the violation procedure.''

    Papayiannakis, in a press release, noted that the number of cars withdrawn in the European Union every year is 8-9 million.

    [13] PM calls on striking workers to show restraint

    Athens, 23/10/2003 (ANA)

    Prime Minister Costas Simitis on Wednesday called on striking workers to show restraint, since the limits of fiscal policy have been exhausted, calling this policy the most generous in the past few years.

    Speaking during the PASOK party's Executive Bureau meeting, Simitis also stressed that the government is open to dialogue with all workers for any issue, except that of income policy, asking of workers to show social solidarity as there are social groups hit more than others.

    PASOK Secretary Michalis Chrysohoidis spoke to journalists of the premier's address to the committee which, as he said, focused on the drafting of a circular for polling that will take place for candidate nominations ahead of the next general elections.

    He added that the issue of the party action plan up until the elections was also discussed.

    [14] Gov't comments on ongoing garbage collectors strike

    Athens, 23/10/2003 (ANA)

    Commenting on the government's decision to go to court to brave an ongoing strike by Athens municipal garbage collectors declared illegal, government spokesman Christos Protopapas on Wednesday said the state had been forced to take action because of the dangers to public health.

    ''The state held talks with workers at the Athens municipality and some of their demands exceed what the economy can endure,'' he said.

    Meanwhile, public prosecutors in Iraklio and in Thessaloniki, where municipal garbage collectors are also on strike, launched inquiries to determine legal liability for the situation in both cities.

    According to one report, there are now over 1,500 tones of rubbish on the streets of Iraklio.

    Athens garbage collectors have been on strike over pay issues since last Thursday, while an Athens prosecutor on Tuesday filed charges against 'all responsible' for the mounting piles of rubbish on Athenian streets.

    [15] PM says situation created with heaps of garbage a 'disgrace'

    Athens, 23/10/2003 (ANA)

    Prime Minister Costas Simitis said on Wednesday the situation created with the heaps of garbage in Athens and other major cities as a result of the strike called by local government bodies was a ''disgrace.''

    According to reports, Simitis made this remark during the meeting of his PASOK party's Executive Bureau. The reports said the prime minister termed the strike by local government workers inconceivable and, in contrast, referred to mobilization by working people who, as he admitted, had a reason to claim regardless of the government's possibilities of meeting their claims.

    The reports further noted that Simitis also placed responsibility on union leadership, the Civil Servants Supreme Administrative Council, which is backing strike action by local government employees.

    [16] Dynamic Life S.A. establishes subsidiary in Dublin

    Athens, 23/10/2003 (ANA)

    Dynamic Life S.A., listed on the board of NEXA, founded a subsidiary in Ireland called "The Being Best Global Alliance Ltd", headquartered in Dublin, which will be charged with product, name brand and market development globally.

    The "Being Best" brand belongs to Dynamic Life, which owns a network of gyms.

    [17] Foreign ministry tables bill for FYROM economic support

    Athens, 23/10/2003 (ANA)

    The foreign ministry on Wednesday submitted legislation in Parliament regulating the disbursement of funds to the Former Yugoslav Republic of Macedonia (FYROM).

    The bill regulates that disbursement will be carried out in accordance with the Public Accounting system and the guide-lines of the OECD Developmental Cooperation Committee, which is not in line with legislation concerning the drafting of a program for bilateral economic cooperation.

    Following approval, 20 per cent of the funds allocated for FYROM will be given toward private productive investments and 1 per cent to be used at the discretion of the Liaison Office of Greece in Skopje for the funding of small projects.

    [18] Five new ships enter Greek registry

    Athens, 23/10/2003 (ANA)

    Five more ships hoisted the Greek flag, entering the Greek registry and Merchant Marine Minister George Paschalidis thanked the companies that made the choice for contributing to the increase of the Greek merchant marine fleet.

    The ships are: "Cpt. Leon" 81,310 tons, tanker; "Aquaglory" 87,597 tons, cargo, newly built; "ProSky" 23,235 ton, tanker, newly built; "Maroulio" 31,269 tons, cargo, newly built and the "Kamari" 67,737 tons, tanker.

    [19] Greek stocks fall on profit taking

    Athens, 23/10/2003 (ANA)

    Greek stocks ended Wednesday's session lower in the Athens Stock Exchange as lack of follow-through buying after Tuesday's renewed activity left share prices vulnerable to profit taking.

    The general index ended 0.84 percent lower at 2,127.28 points, off the day's lows of 2,119 points. Turnover was an improved 131.3 million euros.

    The IT Solution and Cement sectors scored gains (1.41 percent and 0.04 percent, respectively), while the Publication, Construction and Food-Beverage sectors suffered the heaviest percentage losses of the day (2.33 percent, 1.66 percent and 1.65 percent, respectively).

    The FTSE/ASE 20 index for blue chip and heavy traded stocks ended 0.78 percent lower, the FTSE/ASE MID 40 index fell 0.98 percent, the FTSE/ASE SmallCap 80 index dropped 1.36 percent and the wider FTSE/ASE 140 index ended 0.87 percent down.

    Broadly, decliners led advancers by 253 to 67 with another 42 issues unchanged.

    The most heavily traded stocks in value were National Real Estate, Football Pools Organization, Hellenic Telecommunications Organization, Public Power Corporation and Alpha Bank.

    Derivatives Market Close: Turnover

    at 65.8 mln euros Wednesday

    Equity Index Futures:

  • FTSE/ASE-20 (high cap): Discount

  • Underlying Index: -0.78 percent

  • FTSE/ASE-40 (medium cap): At premium

  • Underlying Index: -0.98 percent

    Stock Futures:

  • Most Active Contract (volume): Hellenic Telecommunications Organization (OTE) (852)

  • Total turnover in derivatives market: 65.8 mln euros

    Bond Market Close: Sellers outpace buyers on Wednesday

    Greek Benchmark 10-Year Bond

  • Yield: 4.34 pct

  • Spread over German bund: 11 bps

  • Most heavily traded paper: 10-yr, expiring May 2013 (1.2 bln euros)

  • Day's Total Market Turnover: 4.6 bln euros

    FOREIGN EXCHANGE

    Closing rates of October 22 2003

    Parities in euro

    Banknotes

    For. Exchange Buying Selling

    US Dollar 1,178 1,151

    [20] Government officials assure IOC Olympic Stadium project ready in time

    Athens, 23/10/2003 (ANA)

    Deputy Culture Minister Nasos Alevras and Olympic Games Secretary General Costas Kartalis offered assurances for the technocrats of the International Olympic Committee's (IOC) Coordinating Committee and its President Denis Oswald, currently visiting Athens for the regular inspection concerning preparations for the 2004 Athens Olympic Games, that the Kalatrava cover at the Athens Olympic Stadium, the suburban railway network and the tram network will be ready in time for the Games.

    According to reports, Oswald expressed satisfaction over the presence of the two government officials at a meeting (they are participating for the first time) held on preparations for the Olympic Games.

    Oswald listened carefully to the assurances given on the three projects and added that by Friday he will have a ''clear'' picture of everything.

    Referring to the Kalatrava cover project, Alevras said the skeleton will be ready by the end of April and the entire project by the end of June.

    Kartalis said the suburban railway network will be ready by the end of May and the tram network by March 15.

    Athens Olympic Games Organizing Committee (ATHOC) President Gianna Angelopoulos Daskalaki also briefed the IOC's Coordinating Committee on the positive developments in all the programs being managed by ATHOC.

    [21] New finds link Thera volcano eruption to collapse of Mycanean civilization

    NEW YORK, 23/10/2003 (ANA-P. Panagiotou)

    Scientists at Columbia University and the University of Hawaii have presented new findings renewing an older theory that the eruption of the volcano on the Greek island of Thera (now Santorini) more than 3,000 years ago brought about the collapse of the flourishing Minoan civilization, according to an article by William Broad appearing in Tuesday's edition of the New York Times.

    According to the article, scholars have for decades debated whether the eruption of the Thera volcano in the Aegean more than 3,000 years ago brought about the mysterious collapse of Minoan civilization at the peak of its glory. The volcanic isle (whose remnants are known as Santorini) lay just 70 miles from Minoan Crete, so it seemed quite reasonable that its fury could have accounted for the fall of that celebrated people.

    This idea suffered a blow in 1987 when Danish scientists studying cores from the Greenland icecap reported evidence that Thera exploded in 1645 B.C., some 150 years before the usual date. That put so much time between the natural disaster and the Minoan decline that the linkage came to be widely doubted, seeming far-fetched at best.

    Now, scientists at Columbia University, the University of Hawaii and other institutions are renewing the proposed connection, according to Broad.

    New findings, they say, show that Thera's upheaval was far more violent than previously calculated — many times larger than the 1883 Krakatoa eruption, which killed more than 36,000 people. They say the Thera blast's cultural repercussions were equally large, rippling across the eastern Mediterranean for decades, even centuries.

    ''It had to have had a huge impact,'' according to Dr. Floyd W. McCoy, a University of Hawaii geologist who has studied the eruption for decades and recently proposed that it was much more violent than previously thought.

    The scientists say Thera's outburst produced deadly waves and dense clouds of volcanic ash over a vast region, crippling ancient cities and fleets, setting off climate changes, ruining crops and sowing wide political unrest, wrote Broad.

    For Minoan Crete, the scientists see direct and indirect consequences. Dr. McCoy discovered that towering waves from the eruption that hit Crete were up to 50 feet (15 meters) high, smashing ports and fleets and severely damaging the maritime economy. Other scientists found indirect, long-term damage. Ash and global cooling from the volcanic pall caused wide crop failures in the eastern Mediterranean, they said, and the agricultural woes in turn set off political upheavals that undid Minoan friends and trade.

    Scientists who link Thera to the Minoan decline say the evidence is still emerging and in some cases sketchy. Even so, they say it is already compelling enough to have convinced many archaeologists, geologists and historians that the repercussions probably amounted to a death blow for Minoan Crete, according to Broad.

    [22] Benaki Museum calls for donations to purchase Byzantine treasure

    Athens, 23/10/2003 (ANA)

    Benaki Museum Director Angelos Delivorias on Wednesday called on all Greeks that love and appreciate culture to donate money, so that a special Byzantine collection worth some 2.2 million euros can be bought from a private citizen in Greece that wishes to sell it.

    The treasure of gold plated dishes, silverware and other personal belongings of a Byzantine nobleman will be auctioned off and the Greek state is willing to put up half the money necessary for the purchase, but the rest have to come from museums and donations, he said, adding that this is the first time such an offer is made in Greece.

    He also said that if the museum achieves at purchasing the rare artifacts they will be on exhibit in several different museums around Greece, stressing that only a very few such items exist as most were destroyed during the 4th Crusade, that took place in 1204, leaving intact only a small fraction of such items and those only abroad.

    [23] Historic 18th-century church burnt down in Preveza

    Athens, 23/10/2003 (ANA)

    The historic 18th-century Catholic Church of Agios Andreas in the centre of Preveza was burnt down overnight due to a fire that started in a neighboring mattress warehouse, authorities reported on Wednesday.

    The church was built in 1800 by Austrian Emperor Franz Joseph, the husband of Princess Sisi, while he was searching for a suitable site to build a palace on the shores of Epirus and the Ionian islands.

    The cause of the fire is unknown as yet, though firemen think it may have been caused by a short-circuit.

    [24] Explosion at ND local office in Thessaloniki causes minor damage

    Athens, 23/10/2003 (ANA)

    A home-made bomb exploded outside a main opposition New Democracy party (ND) local office in Thessaloniki early Wednesday, causing minor damage but no injuries.

    No group claimed responsibility for the attack.

    Thessaloniki police told ANA that the explosion occurred at 4:00 a.m. in the Kato Toumba district of Thessaloniki, caused by a home-made bomb comprising three small butane canisters ignited by petrol.

    They said the explosion broke office windows and destroyed the window curtains.

    [25] Exhibition on Cyprus' ancient Hellenic culture begins in NYC

    NEW YORK, 23/10/2003 (ANA)

    A wide-ranging exhibition highlighting Cyprus’ Hellenic heritage opens here on Wednesday at the Alexander Onassis Foundation’s branch, with 85 artifacts on display until Jan. 3.

    The exhibition, entitled “From Ishtar to Aphrodite: 3,200 years of Hellenism on Cyprus”, brings together from museums around the world for the first time ever. The event will be inaugurated by Cyprus’ Undersecretary to the President Christodoulos Pasiardis and Onassis Foundation President Stelio Papadimitriou.

    [26] ESHEA denounces attack against Turkish Cypriot journalist

    Athens, 23/10/2003 (ANA)

    The Athens Journalists Union (ESHEA) in an announcement on Wednesday denounced the attack by the ''Grey Wolves'' organization against Turkish Cypriot journalist Murat Kanatli while he was conducting his journalistic duties.

    The extremist organization brutally attacked Kanatli, who represents the newspaper ''Yenicag'', in the Turkish occupied part of Nicosia on Monday.

    ESHEA expressed its unbridled support to the struggle of the Turkish Cypriot journalists for freedom of the press.

    [27] Broader cooperation between Evros prefecture, SE Bulgaria discussed

    Athens, 23/10/2003 (ANA)

    Local government officials from borders regions of Alexandroupolis, on the Greek side, and their counterparts in SE Bulgaria from the Haskovo region, met in the latter city on Wednesday to discuss further efforts to broaden cross-border cooperation.

    One of the first initiatives involves the twinning of the Union of SE Bulgaria municipalities “Maritsa” and the respective Union of Municipalities in Evros Prefecture.

    [28] Meeting on seismic protection of monuments on Crete

    Athens, 23/10/2003 (ANA)

    An international scientific meeting to discuss the seismic protection of monuments and historic structures will take place in Iraklion on November 7-8.

    The meeting is organized by the Crete Regional Authority in cooperation with the Greek culture ministry.

    [29] 'N17' trial continues with final arguments for youngest defendant

    Athens, 23/10/2003 (ANA)

    The attorney for one of the youngest and lesser-known defendants in ongoing “November 17” trial on Wednesday said his client is charged only because he was hosted by the Xiros brothers in Athens and because it was his police ID that was later used to lease an apartment in the Greek capital were a cache of the terror group’s weapons were discovered.

    Attorney Giorgos Zissimopoulos said his client, Dionysos Georgiadis, has no relation to the terror group, while the latter was also willing to define his relation to the three Xiros brothers on trial.

    A second attorney for Georgiadis is expected to begin his final argument on Thursday.

    [30] 'The roads of the olive' program' receives backing

    Athens, 23/10/2003 (ANA)

    A series of cultural events, in support of the program ''The roads of the olive'', are to be held under the auspices of UNESCO Director General Koichiro Matsuura, the Permanent Representation of Greece at UNESCO and Greek Ambassador to UNESCO Vassilis Vasilikos with the backing of the Develop-ment Ministry.

    The events include the presentation of the ''The roads of the olive'', a dance program and a music and dance program which will include music from Mediterranean countries.

    [31] Magriotis attends Izetbegovic's funeral in Sarajevo

    Athens, 23/10/2003 (ANA)

    Deputy Foreign Minister Yiannis Magriotis on Wednesday represented the Greek government in the funeral services of former Bosnian President Alija Izetbegovic.

    Magriotis was welcomed to Sarajevo by the country's Foreign Minister Mladen Ivanic, who thanked the Greek government for its presence in the funeral services, for its support during the EU Greek presidency and for the humanitarian aid Greece offered to Bosnia.

    On his part, Magriotis noted that Greece supports stability, normalcy, development and incorporation in the European institutions and called the steps of Bosnia toward that direction encouraging.

    [32] 'Eleni Vlachou' journalism award goes to Diakoyiannis

    Athens, 23/10/2003 (ANA)

    The first-ever ''Eleni Vlachou'' prize for journalism will this year be awarded to ''Ta Nea'' reporter Yiannis Diakoyiannis.

    The Greek-German award for outstanding achievement in the coverage of European and international affairs will be awarded every two years.

    The judges committee was made up of Evangelos Antonaros, president of the Foreign Press Association, Dimitris Gerou, general secretary at the press ministry, Ambassador D. M. Loundras representing the Vlachos family, 'To Vima' and 'Ta Nea' reporter Vassos Mathiopoulos, Athens Journalists Union (ESHEA) board member Nikos Meggrelis, Athens University Communications and Mass Media president Mihalis Meimaris, New Democracy spokesman Theodoros Roussopoulos, German Ambassador to Greece Dr Albert Spiegel, the head of the Reuters office in Greece Brian Williams and Athens News Agency general director Andreas Christodoulides.

    The prize will be awarded by Parliament Speaker Apostolos Kaklamanis at a ceremony in the Old Parliament on November 3, while there is also a cash prize of 2,000 euros and a trip to Germany offered by the German Embassy.

    [33] Union of European Journalists presents ''Kalligas'' awards

    Athens, 23/10/2003 (ANA)

    The Union of European Journalists Greek Chapter on Wednesday awarded five journalists for their European orientation and their ethics, during a ceremony at the Melas Megaron of the National Bank of Greece.

    National Bank Governor Theodoros Karatzas presented the awards that are given for the seventh year and are named after late Konstantinos Kalligas, a well known journalist and co-founder of the Union of European Journalists.

    Those awarded are: Christina Damoulianou of Kathimernini newspaper, Yiannis Pretenderis of ''To Vima'' newspaper and the ''Mega'' television station, Dionisis Stamboglis of the Athens News Agency and of the ''To Vima'' newspaper, Garmello Occhino of RAI television and Guido Farolfi also of RAI.

    [34] Debate held in Athens on the future of modernization

    Athens, 23/10/2003 (ANA)

    At an event organized by the ''Society for the modernization of society'' in Athens on Wednesday, Defense Minister Yiannos Papantoniou, main opposition New Democracy (ND) party responsible for economic affairs George Alogoskoufis and former deputy of the Coalition of the Left (SYN) Maria Damanaki, were called upon to give their opinion on the future of modernization.

    Papantoniou said modernization is the great structural changes in the organization of society and the economy. He voiced optimism about the future, stating that while the rate of growth is presently 4 per cent, ''we will reach the levels of the European Union in ten years time.

    Alogoskoufis said modernization is the way with which social institutions and society will adapt to economic reality.

    Damanaki said modernization is the entire procedures of the state which relate to the demands of the citizens.

    Damanaki went on to say that modernization is not the privilege of the Left or the Right.

    [35] UNICEF highlights problems related to racism and xenophobia in schools

    Athens, 23/10/2003 (ANA)

    The Greek Cooperation Committee with UNICEF pointed out on Wednesday that Greece is at a crucial crossroads of decisions as to whether it desires to be an open, multicultural society of creation and progress or introversion, xenophobic and isolated.

    The issue was raised in relation to the issue concerning Odysseas Cenay, a pupil of Albanian origin who excels at school, and whether or not he has the right to hold the Greek flag during national celebrations.

    The Greek Cooperation Committee expresses solidarity for ''all initiatives aimed at consolidating an open, tolerant and multicultural society and rejecting prejudices, disbelief and fears which defame our modern culture''.

    A recent report by UNICEF highlighted problems related to racism and xenophobia at Greek schools and some of its conclusions are the following.

    A total of 51.7 percent of parents declare that the presence of immigrants in Greek society is a cause for concern for them, while 16.2 percent say the presence of the foreigners annoys them, while 42.6 say the presence of immigrants' children at Greek schools is a natural development.

    Seven out of 10 teachers and professors believe Greek teachers are not adequately trained to teach the children of immigrants. One out of three teachers and professors say that ''out of experience they believe that discriminations take place at Greek schools against foreign pupils.''

    Only 38.1 percent of teachers believe that the children of foreigners should attend any Greek school. The majority believe that they should enroll with special classes for foreigners or at a special school for foreigners.

    As regards pupils, 71.8 percent of them have a positive opinion of foreign pupils at their school. Six out of 10 declare that they would not be bothered if a considerable number of foreign children attended their school, while 55.1 percent do not mind being in the same class with foreign pupils. In addition, 46.2 percent of pupils believe that children from other countries should be able to attend any Greek school.

    Lastly, 48.6 percent of Greek pupils would object to a foreign pupil, who is excellent in lessons, holding the Greek flag during national holidays, while 34.1 percent would not object. Elementary school pupils are an exception to this trend since 52.1 percent would approve of such a development.

    [36] Hadjidemetriou: Cyprus can offer a lot to the EU

    NICOSIA, 23/10/2003 (CNA/ANA)

    Cyprus can offer the European Union things that nobody else can offer, Cypriot Coordinator for Harmonization with the EU, Takis Hadjidemetriou said Wednesday addressing the European Commission.

    In a lecture within the framework of a series of events on European Enlargement at which the acceding countries present their efforts, problems and achievements in the process of becoming full members Hadjidemetriou also underlined that by fulfilling its obligations towards the EU, Cyprus will gain prestige and support in facing the difficulties arising from the continuation of the island's problem in case it is not solved by May 1st 2004.

    Noting that Cyprus has to offer a lot to the EU he underlined in his lecture that Cyprus can secure the friendship of neighboring countries towards the EU and it can expand the European space with corresponding political and economic benefits.

    ''The time has come for Cyprus to utilize the island's strategic importance not for war but for peace, freedom and progress,'' said the Harmonization Coordinator adding that this will not be done by the government or the political parties alone, but by the entire people of Cyprus through the full utilization of all their resources and capabilities.

    Speaking on the Cyprus issue he referred to the most recent events in relation with the Cyprus problem such as the submission of the Annan plan for a Cyprus settlement by the UN Secretary General which was rejected by Turkish Cypriot leader Rauf Denktash.

    The Harmonization Coordinator also noted that the EU Accession Treaty ''was the brightest and most significant event which changed the lives of the Cypriots'' giving them the self-confidence and the certainty that they will continue to live in their homeland and that occupation cannot be a solution.

    This, he said, ''was a message received both by Greek Cypriots and Turkish Cypriots'' adding that the vision of a solution and accession is now shared by all the inhabitants of Cyprus, irrespective of race or creed.

    ''We will need to constantly and persuasively reaffirm our intention to work honestly towards a solution of the Cyprus problem on the basis of the Annan plan. And as long as the problem remains unsolved we have to cooperate with the European Commission for the promotion of measures towards the Turkish Cypriots so that they can take part, to the extent that this is possible, in the benefits from accession,'' he underlined.

    Concerning the measures for raising the standard of living of the Turkish Cypriot he said that they are not merely a matter for the government but for the people as a whole.

    Referring to the implementation of the acquis communautaire in Cyprus he noted that there has been some reaction on the part of the people but gradually they understood the benefits of the accession.

    ''Gradually our people understood that we have no other way out, nor is it possible to bypass our obligations. We shall benefit from our accession only to the extent that we shall be able to fulfill fully our obligations towards the European Union,'' he underlined.

    In his remarks for the EU Enlargement which he described as ''the most crucial issue facing EU today'' he said that the drafting of a new Constitutional Treaty is imperative and Cyprus intends to participate actively and constructively in its work just as it did in the European Convention.

    However, he added that as a small state, Cyprus holds the view that efforts should be made at the forthcoming Intergovernmental Conference to improve some of the Treaty's positions notably those relating to the Union's institutional architecture, so that the fundamental principles of equitable treatment and effective participation of states within the enlarged Union can be safeguarded.

    He further referred to Cyprus' record of successful economic performance, noting that Cyprus is classified among the high-income countries in the world in terms of per capita income.

    ''All indicators - unemployment, inflation, fiscal deficit and public debt - are in line or without serious discrepancies from that of the Maastricht criteria,'' the Coordinator said.

    Cyprus has been divided since 1974, when Turkish troops invaded the island and occupied one third of its territory.

    [37] MacShane reiterates need for Cyprus settlement before May 1st

    LONDON, 23/10/2003 (CNA/ANA)

    British Minister for Europe Denis MacShane has said that Britain's Foreign Secretary Jack Straw discussed with his Turkish counterpart Abdullah Gul in New York, September 25, ''the urgent need to work towards a Cyprus settlement on the basis of the Annan plan.''

    In written answers to questions by MP Angus Robertson, MacShane reiterated Britain's firm belief ''that securing a comprehensive settlement in Cyprus before May 1, 2004, in enabling a reunited island to accede to the EU, would be in the best interests of all Cypriots, and the region as a whole. In addition, it would provide a boost to Turkey's own EU candidature,'' he added.

    MacShane said that Straw reaffirmed during his meeting with Gul, in September, ''the UK's commitment to Turkey's EU candidacy and welcomed the significant progress that Turkey has made towards meeting the Copenhagen political criteria.''

    The British Minister noted ''Foreign and Commonwealth Office Ministers and officials regularly discuss the prospects for resumed Cyprus settlement negotiations on the basis of the UN plan with representatives of the Turkish, Greek, Cypriot and US governments.''

    ''We also discuss developments on the island with the European Commission and EU partners, including at monthly meetings of the Working Group on South East Europe,'' he said, adding that these contacts are too numerous and have included Straw's meetings with Gul in London in July and at the UN in September.

    ''I discussed the issue with the Greek officials in Greece 10-11 October,'' MacShane recalled.


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