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The Hellenic Radio (ERA): News in English, 00-04-26

The Hellenic Radio (ERA): News in English Directory - Previous Article - Next Article

From: The Hellenic Radio (ERA) <ert.ntua.gr/>

CONTENTS

  • [01] Constitutional revision examined by Greek Premier
  • [02] Simitis urges for speeding up of Olympics Games preparations
  • [03] Bank of Greece releases annual report on Greek economy
  • [04] Charges against executives for trying to manipulate the Stock
  • [05] The EURO continues its downward trend in Japan
  • [06] Greece does not get involved in Yugoslavia's domestic affairs

  • NEWS IN ENGLISH

    (THE VOICE OF GREECE - Translators Dpt.)

    [01] Constitutional revision examined by Greek Premier

    High level government contacts got under way over the issue of constitutional revision, as the current Parliament retains the authority of amending Greece's constitution. The Prime minister Costas Simitis chaired an initial meeting with participants including the newly appointed justice minister Mihalis Stathopoulos, the former Justice minister Evangelos Yannopoulos, the Prime minister's legal adviser George Papadimitriou and the re-elected Speaker of the Greek Parliament Apostolos Kaklamanis.

    [02] Simitis urges for speeding up of Olympics Games preparations

    The Prime minister Costas Simitis had a meeting with the President of the Athens 2004 Olympic Games Committee Panagiotis Thomopoulos. The Prime minister urged Mr Thomopoulos to speed up the work for the Olympic Games, while Mr Thomopoulos said that small delays in hotel infrastructure were mainly due to the pre- election period. For his part, the Culture minister Theodoros Pangalos admitted that there was a problem of time in the course of the works. He anounced that the Inter-ministerial Committee responsible for the organisation of the 2004 Olympics, would expand with the participation of the ministries of Foreign Affairs and Transport. Mr Pangalos is flying to Brussels to meet members of the International Olympics Committee. From his side the government spokesman Dimitris Reppas reiterated that the government was not concerned with the issue of replacing certain individuals in the Organisational Committee "Athens 2004".

    [03] Bank of Greece releases annual report on Greek economy

    The Governor of the Bank of Greece Loukas Papadimos released the bank's annual report on the Greek economy, urging for the freezing of prices and revenue stability so as to prevent the possibility of the rise of inflation and to allow the normal de-escalation of interest rates. However, Mr. Papadimos speaks of auspicious prospects of the Greek economy.

    [04] Charges against executives for trying to manipulate the Stock Market

    The Athens Prosecutor's Office of the court of first instance has filed charges against the members of the board of the Athens Stock Exchange, the members of the Capital Market Committee and executives of 15 companies The lawsuit is taking place after a ten month preliminary investigation following press reports about individuals who had access to confidential information and tried to manipulate the Stock Exchange.

    [05] The EURO continues its downward trend in Japan

    The EURO continued its downward trend in the Japanese Money market with its price falling in the lowest level aganist the yen being fixed at 97.08 yen per EURO, following massive selling of institutional investors. In New York the EURO was fixed at 97.47 yen and in Tokyo at 98.86 yen.

    [06] Greece does not get involved in Yugoslavia's domestic affairs

    The government spokesman Dimitris Reppas stressed that the Greek government was not getting involved in Yugoslavia's domestic affairs but maintained contacts with all the officials of the neighbouring country. Mr Reppas also confirmed that Belgrade had protested about the meeting between the Yugoslav opposition and the Greek Foreign minister George Papandreou in Kavouri last week.
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