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Athens Macedonian News Agency: News in English, 12-03-28

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

From: The Athens News Agency at <>


  • [01] FM meets US Secretary of State for Eurasian Energy
  • [02] Universities at risk of closing due to PSI
  • [03] Real estate market in dramatic condition
  • [04] Venetian coins located on Naxos

  • [01] FM meets US Secretary of State for Eurasian Energy

    AMNA--Foreign Minister Stavros Dimas on Tuesday met with visiting Special Envoy of the U.S. Secretary of State for Eurasian Energy, Ambassador Richard Morningstar and discussed issues concerning the exports of Iranian oil, the energy pipelines and the exploitation of the natural gas reserves in Eastern Mediterranean.

    Foreign Minister Dimas expressed the satisfaction of the Greek side for Greece's exception from the U.S. sanctions related with the Iranian oil imports. amna

    Dimas underlined that the discovery of natural gas reserves in the Eastern Mediterranean creates a new major potential considering that it offers Europe a valuable alternative energy resource and transport route with Greece playing an important role in the process.

    [02] Universities at risk of closing due to PSI

    AMNA--Many of Greece's universities have been reduced to penury, with their accounts now approaching zero, following the conversion of their funds into Greek state bonds by the Bank of Greece and the subsequent PSI bond swap scheme they were forced to accept in March.

    An emergency council of university rectors on Tuesday said that only 33 million euro remained of 120 million euro that 17 Greek universities had deposited with the Bank of Greece for the operating expenses, while six university accounts were now completely empty and would soon be unable to stay open.amna

    The rectors decided to set up a legal committee to claim the money lost but at this point will focus on making university finances independent of the election of a governing board as demanded by the new framework-law and the approval of their 2012 budgets.

    [03] Real estate market in dramatic condition

    AMNA--Representatives of the Greek real estate market on Tuesday said a deep economic crisis and excessive taxation have created a dramatic situation in the domestic market and called for more fair taxes on real estate property "that any citizen can afford".amna

    Stratos Paradias, president of the Panhellenic Federation of the Real Estate Market (POMIDA), said that real estate transactions fell by at least 33 pct last year, compared with 2005, sales of large apartments in high-end areas fell by more than 70 pct in the 2009-2011 period, sales of used homes fell by more than 50 pct from 2009, while sales of holiday homes plunged 80 pct in the 2009-2011 period.

    [04] Venetian coins located on Naxos

    AMNA---A numismatic treasure has been discovered at Sagri on Naxos island. Fifty-four silver Venetian 'grossi' coins as well as other silver coins of several Venetian mintings probably dated to the reigns of the doges Giovanni Soranzo (1329-1339), Bartolomeo Gradenigo (1339-1342) and Andrea Dandolo (1343-1354) were found in a clay pot and sent to the Athens Numismatic Museum.
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