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Athens News Agency: News in English, 08-11-03

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

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

CONTENTS

  • [01] United Textiles S.A. financing process continued
  • [02] Gov't on economy, bank support package
  • [03] Karamanlis congratulations to Canada's Harper for re-election

  • [01] United Textiles S.A. financing process continued

    Following a new request by the economy and finance ministry to United Textiles S.A. management, formerly Naoussa Spinning Mills S.A., for more time to complete a re-financing process, its general assembly unanimously decided to adjourn and convene again on Nov. 21.

    According to an announcement made in the general assembly meeting held on Oct. 31, "the company is still in a critical stage considering the significant delays recorded and the immediate completion of the process is deemed as imperative."

    [02] Gov't on economy, bank support package

    The state budget will move within the framework set by the presented draft plan, government spokesman Evangelos Antonaros repeated on Monday, adding that the government position has not changed. Antonaros also underlined that the forecast regarding the country's growth rate was provided by European Commissioner Joaquin Almunia and is close to that of the Greek government. Regarding domestic banks' participation in a support programme announced by the government, he stressed that participation is voluntary and banks will have to realise that their own interests lie with the society's interest. "The fact that certain banks are not interested in participating in the programme attests to the strictness of terms," he stressed.

    [03] Karamanlis congratulations to Canada's Harper for re-election

    Greek Prime Minister Costas Karamanlis on Monday relayed his congratulations to his Canadian counterpart Stephen Harper for the latter's re-election.

    Karamanlis, in his letter, refers to the strong historical, political and cultural bonds between the two countries, which, he said, are reinforced even more by the existence of prosperous and dynamic Greek-Canadian communities in Canada


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