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The Hellenic Radio (ERA): News in English, 03-06-04

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

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

CONTENTS

  • [01] Weather forecast
  • [02] Debate over economy at Parliament
  • [03] ELPE &#8211;Petrola merger beneficial for the state says

  • [01] Weather forecast

    Most parts of the country will be sunny, with scattered showers and storms mainly from late afternoon on the mainland. Winds variable, light to moderate. The temperature in Athens will range from 17C and 32C; and in Thessaloniki from 16C to 29C.

    (4/6/2003 11:11:00 )

    [02] Debate over economy at Parliament

    The government and the New Democracy party are going to participate in a debate at Parliament on the course of the economy and business interests.

    The Prime Minister Costas Simitis is expected to defend the government positions on the ELPE &#8211; Petrola merger, while Mr Karamanlis is expected to refer to the Athens Stock Exchange issue on the occasion of the proposal made by his party regarding the setting up of an examining committee.

    Meanwhile, the government spokesman Christos Protopapas described the New Democracy party's proposal for the creation of an examining committee for the Stock Exchange issue indescribable and unprecedented acrobatics that are creating problems to the positive climate existing in the economy.

    In reply, New Democracy party spokesman said that Mr Simitis' government had proven that it did not wish the Parliament to examine in depth this big scanda.

    Finally, referring to New Democracy party Honorary President Costas Mitsotakis' statements regarding the collapse of the Greek economy, Deputy Finance Minister Apostolos Fotiades said that New Democracy party's gloomy forecasts regarding the economy proved wrong. Greece is now a strong country, while during the main opposition party's days it was not.

    (4/6/2003 11:13:00 )

    [03] ELPE &#8211;Petrola merger beneficial for the state says Protopapas

    The Board of Directors of ELPE and Petrola approved the agreement for the gradual merging of both companies, while the approval will be publicized at the Stock Market authorities today.

    In the coming days, 16.65% of ELPE buyout will take place with the simultaneous payment of 326 million euros.

    The ELPE meeting took place with the employees protesting to the merger.

    From his side, the Press Minister Christos Protopapas described the merger beneficial for the state, underlining that it would boost the competitiveness of the Greek economy.

    (4/6/2003 11:14:00 ) (4/6/2003 11:15:00 )


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