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Athens Macedonian News Agency: News in English, 12-08-02

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

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

CONTENTS

  • [01] Parliament endorses 'in principle' bill on higher education
  • [02] Forty nine to face trial for their role in share prices manipulation scandal
  • [03] State owes 6.6bln euros to private sector

  • [01] Parliament endorses 'in principle' bill on higher education

    AMNA/ The Parliament's plenum on Wednesday evening endorsed in principle a draft bill modifying the framework law on higher education prepared by the former education minister Anna Diamantopoulou.

    163 deputies from New Democracy, Democratic Left and the majority of PASOK, meaning the parties that support the Antonis Samaras government, voted in favour of the bill, while 101 deputies from all opposition parties voted against.

    Among the six PASOK deputies that voted against the bill are former prime minister George Papandreou and former ministers Mihalis Chryssohoidis and Andreas Loverdos.

     

    [02] Forty nine to face trial for their role in share prices manipulation scandal

    AMNA/ Forty nine individuals will face justice 13 years after the share prices' manipulation scandal uncovered during the 1999-2000 "stock market bubble" in the Athens Stock Exchange, it was announced on Wednesday.

    Stockbrokers, businessmen and bank executives, who appear to have played a leading role in the scandal, are among the high-profile defendants.

    The Athens Stock Market case reopened in 2006, years after it was first investigated by convicted former examining magistrate Constantina Bourboulia (who received bribes to reduce criminal charges to misdemeanours) when First Instance Court Prosecutor Chr. Lakafosis ordered a criminal investigation into the actions of certain individuals.

    The defendants face multiple counts of fraud, money laundering and extortion amounting to 57 million euros.

    [03] State owes 6.6bln euros to private sector

    AMNA/ The Greek state's debt to the private sector rose to 6.618 billion euros in June, from 6.445 billion a month earlier, the State's General Accounting Office said on Wednesday.

    In a report, the office said that social insurance organizations's debt totaled 2.982 billion euros, state hospitals' debt to suppliers totaled 1.630 billion euros, government ministries' debt totaled 907 million euros and local authorities' debt was 771 million euros.

    Meanwhile, Finance alternate minister Christos Staikouras, in a circular sent to all state financial services, requested all revenue estimates of a new state budget to be submitted with the General Accounting Office no later than August 20, in order to facilitate government efforts to draft next year's budget.


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