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Athens News Agency: News in English (PM), 98-11-09

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

From: The Athens News Agency at <>


Athens, Greece, 09/11/1998 (ANA)


  • Speculation over S-300 missiles continues
  • Cyprus says no change in missile plans
  • Cabinet meets on budget on Wednesday
  • Simitis begins visit to Poland
  • Australia hands over ancient Greek artefacts
  • Four jailed over illegal immigration
  • German training ship docks in Piraeus
  • Greek equities begin week lower
  • Church service for sleepy Kavala youths
  • Weather
  • Foreign Exchange


Speculation over S-300 missiles continues

Speculation in the Greek press continued on Monday over whether Russian- made S-300 anti-aircraft missiles ordered by Nicosia would eventually be installed in Cyprus or elsewhere. According to recent press reports, the Greek and Cypriot governments have been considering Crete as a possible alternative installation site for the defensive missiles. Nicosia's plans to install the defensive missile system have been criticised by the United States and its European Union partners which say it would lead to greater tension in the region. Turkey has openly threatened to prevent the installation.

Cyprus says no change in missile plans

An ANA despatch from Nicosia later quoted Cyprus' Social Party (EDEK) leader Vassos Lyssarides saying that Clerides would not be raising the S- 300 issue at the National Council meeting on Friday because there had been no change which would justify discussion of the matter by the political leadership. Lyssarides was speaking after a meeting this morning with Clerides which the EDEK president had requested.

Cabinet meets on budget on Wednesday

Prime Minister Costas Simitis will chair a Cabinet meeting on Wednesday, called to discuss the 1999 state budget. The 1999 budget is expected to be submitted to Parliament shortly and before the constitutional deadline of November 30. Press reports say it may be submitted on Wednesday.

Simitis begins visit to Poland

Prime Minister Costas Simitis left on Monday on a two-day official visit to Warsaw, at the invitation of his Polish counterpart Jerzy Buzek. During his stay, Simitis will have talks with Buzek on bilateral and international issues. He will also meet with Polish President Aleksander Kwasniewski and have talks with the speakers of Poland's house of representatives and senate and political party leaders.

Australia hands over ancient Greek artefacts

Culture Minister Evangelos Venizelos will be returning to Athens from his trip to Australia with four priceless 5th century B.C. artefacts in his luggage, returned to Greece by alert Australian police. The four items - two small amphorae and two plates - were smuggled into Australia but detected and confiscated by Australian authorities. Victorian State Premier Jeff Kennett handed over the items to Venizelos, in Melbourne for the opening of the Greek Archaeological Museum, on Monday, an ANA dispatch from the Australian city reported.

Four jailed over illegal immigration

An Herklion court on Monday sentenced four Turks to ten years' imprisonment and a fine of 5 million drachmas each after finding them guilty of landing 57 illegal immigrants on the southern shore of Crete. The four were named as Mustafa Zohar (skipper), Hadar Abdolkarim, Samir Baska and Mustafa Aze. They smuggled the illegal immigrants to Greece on the Albanian-flagged vessel "Amir Osim".

German training ship docks in Piraeus

The German training ship "Gorch Fock" begins a five-day port visit to Piraeus on Friday, with a 230-member crew including 150 naval cadets, under Captain John Scchamong. The three-masted barque will host several official functions on board during its visit, while it will also be open to the public November 14-16 from 3:30 to 5:30 p.m. The crew will also be hosting special tours of the ship for children from two orphanages in Piraeus and several schools.

Greek equities begin week lower

Greek equities ended Monday's session slightly lower on the Athens Stock Exchange after an unsuccessful fourth attempt to break the 2,300 level. The general index ended 0.23 percent off to 2,250.59 points, dramatically reversing an early 1.80 percent advance. Trading was heavy with turnover at 44.5 billion drachmas. Volume was 11,560,000 shares. Traders said the market remained cautious ahead of Bank of Greece's moves on monetary policy. Sector indices were mixed. Banks fell 0.45 percent, Insurance eased 0.52 percent, Investment rose 0.79 percent, Leasing dropped 0.18 percent, Industrials rose 0.37 percent, Construction ended 0.91 percent off, Miscellaneous eased 0.79 percent and Holding fell 0.31 percent.

Church service for sleepy Kavala youths

The diocese of Kavala has instituted a later daily church mass for the winter, to get around complaints from the city's youth that they had difficulty getting up in time for the regular early service. The diocese of Filippon-Neapolis said it will hold a 10.30 p.m. service, on the completion of its early morning service at the city's Church of the Apostle Paul. The move is in response to complaints from the city's youth that the morning service is held too early for them to attend. The new mass will be held throughout the course of the winter and will last 75 minutes.


Mild weather is forecast for western Greece, eastern Macedonia and Thrace and the northern Aegean today. Local clouds in the rest of the country with possible rain. Athens will be cloudy with chances of rain in the northern suburbs and temperatures between 11-17C. Same in Thessaloniki with temperatures from 6-13C.


Monday's rates (buying) U.S. dollar 277.105 British pound 460.566 Japanese yen (100) 234.410 French franc 49.788 German mark 167.028 Italian lira (100) 16.884 Irish Punt 415.152 Belgian franc 8.092 Finnish mark 54.957 Dutch guilder 148.071 Danish kr. 43.926 Austrian sch. 23.744 Spanish peseta 1.964 Swedish kr. 35.730 Norwegian kr. 37.672 Swiss franc 202.730 Port. Escudo 1.628 Aus. dollar 174.443 Can. dollar 180.980 Cyprus pound 563.734


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