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Athens News Agency: Daily News Bulletin in English, 97-10-01

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

From: The Greek Press & Information Office, Ottawa Canada <grnewsca@sympatico.ca>

ATHENS NEWS AGENCY BULLETIN (No 1303), October 1, 1997

Greek Press & Information Office
Ottawa, Canada
E-Mail Address: grnewsca@sympatico.ca


CONTENTS

  • [01] Bill on Bank of Greece independence tabled
  • [02] Kohl urges Turkey to improve relations with Greece
  • [03] Simitis briefs president on foreign, domestic developments
  • [04] Gov't cautions over Greek-Turkish relations
  • [05] Kranidiotis discusses EU expansion, Cyprus
  • [06] US Ass't Secretary of State Grossman in Greece today
  • [07] Turkey's consul general in Komotini assumes duties
  • [08] Mirage 2000 fighter crashes off Skyros
  • [09] Romeos: 'Observer' terrorism claims baseless
  • [10] Iraq invasion
  • [11] Tsohatzopoulos sends letter to Bulgarian counterpart
  • [12] Pangalos scheduled to attend events for Amsterdam Treaty
  • [13] Committee urges Maastricht referendum
  • [14] Reppas on Liani-Papandreou book
  • [15] Reactions
  • [16] Premier, Geitonas confer on health issues
  • [17] Samaranch meeting with Greek sports officials
  • [18] Vartholomeos to wind up visit to Thessaloniki today
  • [19] Patriarchate-SAE relations
  • [20] Patriarchate delegation to Albania
  • [21] Conference on Venice-Crete relations
  • [22] Pangalos to meet Vartholomeos today
  • [23] Two more charges against Thierry Roussel filed
  • [24] Plan for new 'research city' presented in Thrace
  • [25] Conference links labor, culture in Thessaloniki
  • [26] Law enforcement decentralization proposed
  • [27] Vehicle confiscation order modified
  • [28] Greek officials tour quake-stricken areas in Italy
  • [29] Winter store hours announced
  • [30] Commission queries Greek ban on food supplements
  • [31] DEH profits expected to drop sharply in 1997
  • [32] Latest Spraos report details pension fund deficiencies
  • [33] Greece adopts outline figures for 1998 budget
  • [34] Greek stocks again post new record, seen breaching 1,800 pts
  • [35] Greek bourse jumps 16.72 pct in September
  • [36] Greek state telecom sees 30 pct jump in H1 profit
  • [37] International informatics trade fair opens in Greece
  • [38] HEPO seminars on Czech Republic, Slovakia

  • [01] Bill on Bank of Greece independence tabled

    Athens, 01/10/1997 (ANA)

    A bill on the independence of the Bank of Greece, Greece's central bank, was tabled in Parliament last night by the national economy ministry as part of an important step towards the central bank's separation from the government.

    The bill also hopes to further "Europeanization" of the country's monetary policy on the basis of the new economic environment being shaped in the framework of Economic and Monetary Union (EMU).

    The Monetary Policy Council will constitute the central body in the new institutional framework, which from now on - and not the government as was the case until now - will determine the country's monetary policy and, in parallel, will supervise the exchange policy preferred by the government.

    The Council will have six members, three of whom will be the incumbent governor and the two deputy governors of the Bank of Greece. The remaining Council members will be appointed by the government, but with the consent of the central bank's governor.

    Following passage of the bill, the central bank will be more directly linked to the European Central Bank - the future watchdog of the euro - due to be created and less so to the Greek government, which will be briefed on monetary issues by the bank's governor. It is also anticipated that the bank's governor will inform Parliament with a report every year and whenever it is requested.

    In essence, the bill harmonizes the Bank of Greece's charter with the charter of the European Central Bank, a development anticipated by the Maastricht Treaty, initiating its independence from the Greek government and the other bodies of political power.

    The bill anticipates the creation of supervision and sanction-imposing mechanisms by the central bank on all companies and fiscal organizations in the local capital market sector and not only on banks, as is the case today, but from now on stock brokerage firms as well. The target is to supplement the Capital Market Committee's existing supervisory duties (which have been frequently criticized in the past as being inadequate) and secure greater transparency.

    The incumbent Governor of the Bank of Greece, Lucas Papademos, and the two Deputy Governors, Nikos Garganas and Panayiotis Thomopoulos, will be ipso jure members of the Monetary Policy Council, and their six-year period of office will not include their tenure at the central bank.

    [02] Kohl urges Turkey to improve relations with Greece

    Bonn, 01/10/1997 (ANA - P. Stangos)

    Bonn urged Ankara to improve its relations with Athens and work towards a solution to the Cyprus issue if it wanted to become part of Europe. On the other hand, Germany clarified that it supports Turkey's aim to become a member of the European Union (EU).

    Following the completion of talks between Turkish Prime Minister Mesut Yilmaz and German Chancellor Helmut Kohl in Bonn, the chancellorship released an announcement stating that, "the chancellor stressed repeatedly the importance for the future of Europe of the normalization of relations between Turkey and Greece on a permanent basis and the quick solution to the Cyprus issue. (The chancellor) has requested from Prime Minister Yilmaz to utilize all possibilities in promoting the solution of problems".

    The announcement added: "The chancellor stated he supports Turkey's aim to gain access to the EU in the future", which puts him at odds with a decision of Christian Democrat parties in Brussels last March, according to which Turkey cannot be accepted by the EU on cultural and religious grounds.

    Mr. Kohl also set another precondition for Turkey in terms of EU membership, related to the need "to find a solution, mutually acceptable, in the issue of citizens' free movement". At a press conference following the talks, Mr. Yilmaz listed as several problems in Greek-Turkish relations, namely, the Aegean continental shelf, air space and territorial waters, as well as the military fortification of the Greek islands.

    "We propose negotiations," Mr. Yilmaz said, "talks between the two countries, and if we do not reach (an agreement), then we are willing to take recourse for all these to a mediator, to the International Court."

    He added: "Our friends, the Greeks, however, claim that the only existing difference is the continental shelf and urge us to take unilateral recourse to The Hague. But this is not the right method".

    [03] Simitis briefs president on foreign, domestic developments

    Athens, 01/10/1997 (ANA)

    President of the Republic Kostis Stephanopoulos was briefed by Prime Minister Costas Simitis yesterday on recent developments in foreign and domestic affairs.

    Emphasis was given to Greek-Turkish relations following last week's talks in New York between Foreign Minister Theodoros Pangalos, his Turkish counterpart Ismail Cem and US Secretary of State Madeleine Albright. Also discussed were economic issues and plans for the organization of the 2004 Olympiad in Athens.

    [04] Gov't cautions over Greek-Turkish relations

    Athens, 01/10/1997 (ANA)

    Greece said yesterday it could not rule out the possibility of an incident in the Aegean or on Cyprus following the outcome of talks between the Greek and Turkish Foreign Ministers, Theodoros Pangalos and Ismail Cem in New York last week.

    Replying to reporters' questions, government spokesman Demetris Reppas said that as long as the crisis remains in Greek-Turkish relations, there was always a possibility of an "incident" which would best be avoided.

    If there was an incident, he added, it would be due to the fact that Turkey maintains its expansionist designs against Greece which was ready to confront such an eventuality.

    Asked whether Prime Minister Costas Simitis was annoyed with certain statements made by Mr. Pangalos in New York, Mr. Reppas said the premier had "constant collaboration" with Mr. Pangalos and this was also the case when the foreign minister was in New York.

    Commenting on the discussion on Monday at the ruling PASOK party's political secretariat, Mr. Reppas said Mr. Pangalos briefed the participants on his trip to New York "and with regard to Greek-Turkish relations there was unanimity on issues of policy".

    [05] Kranidiotis discusses EU expansion, Cyprus

    Brussels, 01/10/1997 (ANA - P. Pantelis)

    Foreign Under-secretary Yiannos Kranidiotis, who represented Greece at yesterday's session of the European Socialist Party on the common position to be adopted on the Union's enlargement, held discussions on Greek-Turkish relations, the Cyprus issue and the island republic EU accession course with External Affairs Commissioner Hans van den Broek and NATO Secretary General Javier Solana.

    Sources said that Mr. van den Broek continues to be concerned over Greek-Turkish relations, particularly after the recent fruitless meetings of the two countries' foreign ministers in New York.

    He agreed, at any rate, that the relations of the 15 with Turkey cannot progress if that country's government does not contribute to a solution of the Cyprus issue.

    He estimates, according to the same sources, that it was a good gesture on the part of the Cypriot government to accept the participation of Turkish Cypriots in the negotiations for EU membership, but is concerned on the manner in which it will be implemented and how it will be accepted by the Turkish Cypriots themselves - without this implying a recognition of the self-styled Turkish Cypriot state.

    As he let it be understood, the European Union is looking for something to give to Turkey in return, and seems to favor a strengthening of that country's customs union with the Community. Also, that the European Parliament should ratify Turkey's future possibility for membership.

    The Greek side holds the view that the 15 cannot be continuously concerned what they will give to Turkey, but also what Turkey will give to the 15.

    Mr. Kranidiotis also met with Luxembourg's foreign ministry secretary general who assured him that the current EU presidency will conduct the scheduled structured dialogue with Cyprus on October 8, without the issue of the Turkish Cypriots.

    The items on the agenda will the briefing of the Cypriot government on the EU's Mediterranean policy, the Middle East question, and Albania.

    With Mr. Solana, Mr. Kranidiotis discussed the issue of resuming Greek-Turkish talks in the framework of the alliance.

    Mr. Solana reiterated his intention to invite the Greek and Turkish permanent representatives in NATO to continue talks on the Papoulias-Yilmaz agreement confidence building measures. Mr. Solana accepted that the talks are not going to lead to a change of the status quo in the Aegean, but will aim to create a favorable climate in bilateral relations.

    [06] US Ass't Secretary of State Grossman in Greece today

    Athens, 01/10/1997 (ANA)

    US Assistant Secretary of State Mark Grossman is expected in Athens today in an attempt to try and diffuse tension and help restart talks between Greece and Turkey.

    Mr. Grossman, who is responsible for European affairs, plans to hold talks with Foreign Minister Theodoros Pangalos and Under-secretary Yiannos Kranidiotis this evening.

    It will be the second meeting in seven days that the US official has with Mr. Pangalos. Last week he was in New York to attend the UN General Assembly. Mr. Grossman is also expected to travel to Ankara and meet with officials there.

    He will reportedly press both Greece and Turkey's prime ministers to meet in Crete next month during an inter-Balkan summit meeting. The US official was previously Washington's ambassador in Ankara.

    [07] Turkey's consul general in Komotini assumes duties

    Athens, 01/10/1997 (ANA)

    Sakir Torunlar, Turkey's new consul general in Komotini, northern Greece, yesterday assumed his duties. Mr. Torunlar, 36, with brief service in the diplomatic corps, is considered to be a supporter of Turkish Premier Mesut Yilmaz. During a brief meeting with reporters, Mr. Torunlar spoke about his professional career, stressing in particular the importance of personal relations, which help in approaching and better understanding problems, on the fringes of exercising foreign policy.

    [08] Mirage 2000 fighter crashes off Skyros

    Athens, 01/10/1997 (ANA)

    A Hellenic Air Force Mirage 2000 fighter was reported missing last night, after air force radars lost contact with the plane at 9:15 p.m. Remains of the plane were later located two miles north of the island of Skyros, while its pilot, Second-Lt. Demetris Stratakias, is missing. Search efforts are continuing.

    [09] Romeos: 'Observer' terrorism claims baseless

    Athens, 01/10/1997 (ANA)

    Public Order Minister George Romeos yesterday said records showed that Kurd Seydo Hazar, at the center of a controversial "Observer" newspaper article alleging the existence of Kurdish guerrilla training camps in Greece, left the country through the Doirani border post last Friday, probably on his way to Germany.

    Mr. Romeos added that the Kurdish man had originally been given a one-month visa, which after being renewed once, expired in April 1997. He added that Mr. Hazar paid a fine upon exiting the country for prolonging his stay without permission.

    The minister said claims that Mr. Hazar was still hiding somewhere in Greece as a member of a Kurdish guerrilla cell were groundless and were part of a mudslinging campaign against Greece that appears from time to time in certain international press out lets.

    He also stressed that the recent allegations had emerged at a critical phase of Greek-Turkish relations. Mr. Romeos said investigations had been carried out in the past over similar allegations, including ones by US officials, all of which were found to be completely baseless.

    [10] Iraq invasion

    Athens, 01/10/1997 (ANA)

    In a related development, about 50,000 Turkish soldiers are taking part in the latest operation against Kurdish guerrillas in northern Iraq, the president of the exiled Kurdish Parliament, Zubeir Aidar, said during a press conference in Corfu yesterday.

    Mr. Aidar accused Turkey of aiming at the genocide of the Kurdish people, and expressed the view that Turkish forces would again suffer the same sizable losses as in the previous invasion of northern Iraq which began on May 14, when they had been force d to withdraw.

    He described the recent allegation about the existence of Kurdish training camps in Greece as "well-orchestrated Turkish propaganda", planned by the neighboring country's psychological war center.

    "The timing of the allegations is not at all coincidental. Turkey has aimed at disorienting international public opinion while attempting a second invasion of southern Kurdistan... it (Turkey) is promoting a crisis on Cyprus prompted by the (prospective installation of) S-300 missiles, and is creating problems in the Aegean at the same time," he said.

    [11] Tsohatzopoulos sends letter to Bulgarian counterpart

    Athens, 01/10/1997 (ANA)

    National Defense Minister Akis Tsohatzopoulos has sent a letter to his Bulgarian counterpart Georgi Ananiev ahead of the Balkan defense ministers' meeting in Sofia on Oct. 3, stressing that "promotion of conditions of peace, security, stability, good neighborliness and co-operation in the Balkan region is undoubtedly a great need for the area".

    At the same time, Mr. Tsohatzopoulos raises a number of questions and concerns regarding certain organizational aspects of the meeting, noting the fact that invitations were not sent out to Croatia, Bosnia-Herzegovina and Yugoslavia, as well as to observers from major countries of the broader region and members of the Euroatlantic Co-operation Council, such as Ukraine and Russia.

    "I am sure that in your logic, too, the basic principle of multilateral inter-Balkan co-operation will prevail, without separating lines and exclusions, which guarantees the consolidation of common security and stability in the region," he said.

    Mr. Tsohatzopoulos has, in the past, proposed the setting up of a Balkan Security Council and a Balkan Conflict Prevention Center.

    Mr. Tsohatzopoulos had a working meeting with Prime Minister Costas Simitis last night in view of NATO 's defense ministers' informal session, beginning today in Maastricht.

    [12] Pangalos scheduled to attend events for Amsterdam Treaty

    Brussels, 01/10/1997 (ANA - G. Daratos)

    Foreign Minister Theodoros Pangalos is due to travel to Amsterdam, where EU foreign ministers will gather tomorrow to formally sign a treaty designed to pave the way for the Union's expansion.

    The only EU leaders attending the ceremony will be Dutch Prime Minister Wim Kok and his Luxembourg counterpart Jean-Claude Juncker, joined by European Commission President Jacques Santer and the president of the European Parliament Jose Maria Gil-Robles.

    The Amsterdam Treaty, brokered at an EU summit in June, leaves many hurdles still to tackle, including the issue of streamlining the Union's decision-making process.

    After the Amsterdam ceremony, the treaty, designed to prepare the 15-nation block to function with up to a dozen new members over the next decade, will head to national parliaments for ratification and, in some cases, notably Denmark, be subject to referendum.

    Despite the problems left unresolved by the Amsterdam Summit, its outcome is not likely to cause any problems EU regarding enlargement, at least in initial stages.

    [13] Committee urges Maastricht referendum

    Athens, 01/10/1997 (ANA)

    The Committee for a Referendum on Maastricht has called on the prime minister and political party leaders for a referendum before the Treaty of Amsterdam goes before Parliament for ratification.

    In a letter, the Committee also requested meetings with the party leaders in order to put forward its views and intentions. The Committee said that "such decisions affecting the future of the country, with visible repercussions on matters of employment, development, social rights, etc., must have as a prerequisite the overall briefing of the citizens and recourse to a nationwide referendum on this specific model of European structure".

    The letter is signed chiefly by university professors and lawyers.

    [14] Reppas on Liani-Papandreou book

    Athens, 01/10/1997 (ANA)

    Demetra Liani-Papandreou's book is not one of the serious problems of the country nor is it one of the government's priorities, government spokesman Demetris Reppas said yesterday in response to press questions.

    The book, "10 years and 54 days", is about Mrs. Liani-Papandreou's life with the late founder and president of ruling PASOK, Andreas Papandreou. It went on sale in Athens yesterday.

    The government does not comment on everything that is published, Mr. Reppas said, adding that there was freedom of speech and of the press in Greece and that everybody was free to voice his or her opinion.

    "The people expect the government to solve its problems," Mr. Reppas said. What the late Andreas Papandreou believed and what is attributed to him are two different things, Mr. Reppas said.

    Referring to references in the book that Papandreou considered Prime Minister Costas Simitis "a good technocrat but not a politician", Mr. Reppas responded that the people had a different opinion, entrusting him with the position of prime minister. PASOK, he added, honors the memory of Andreas Papandreou at every opportunity.

    [15] Reactions

    Athens, 01/10/1997 (ANA)

    Justice Minister Evangelos Yiannopoulos declined to comment on what the book had to say about prominent PASOK cadres, but noted that what Mrs. Liani-Papandreou had written about his own relationship with the former premier was correct.

    "She's telling the exact truth about four or five things from different times. Of course, I was close to Andreas Papandreou, I fought for him to be absolved of that unjust criminal accusation..." (referring to Papandreou's referral to a special court, in connection with a financial scandal, by a New Democracy-leftist coalition government that succeeded PASOK in 1989.)

    He observed that the book expressed "the way the author wishes to represent to the outside world her life with our departed leader, Andreas Papandreou". "Every Greek citizen has the right to write and those who have exercised power are obliged to write their memoirs. Those who are close to those in power ought to be very, very careful so as not to create problems," he said.

    [16] Premier, Geitonas confer on health issues

    Athens, 01/10/1997 (ANA)

    Health Minister Costas Geitonas briefed Prime Minister Costas Simitis yesterday on the policy and action required in the health sector, in view of a visit by the prime minister to the health ministry scheduled for later this week.

    The agenda for the prime minister's visit includes a briefing on primary health care problems and the implementation of new provisions in the bill for the reorganization of the National Health System (ESY).

    After yesterday's meeting, responding to a question regarding government policy on pharmaceuticals, Mr. Geitonas said the government's policy reflected both a desire to protect public health and to limit waste.

    [17] Samaranch meeting with Greek sports officials

    Athens, 01/10/1997 (ANA)

    International Olympic Committee (IOC) President Juan Antonio Samaranch expressed his full satisfaction with the response of the world press to the IOC's decision to award the 2004 Olympic Games to Athens, during yesterday's meeting with Sports Undersecretary Andreas Fouras and Greek Olympic Committee President Lambis Nikolaou.

    Mr. Samaranch described this fact as a particularly important message for the IOC and for anyone involved in sports, adding that Greece should vindicate everyone's expectations.

    Discussion at the meeting centered on organizational issues of the Games, and points of the contract and the Olympic Charter were clarified. The IOC president also stated that he agreed with the positions and views of the Greek side for the organization of the event.

    Mr. Fouras, on his part, assured him that Greece would fully respect the terms of the contract. Discussion also touched on the issue of protecting the Olympic and 2004 logos from illicit use. Both Greek officials also attended yesterday the opening of the 13th Conference on Sport by Mr. Samaranch in Amsterdam.

    [18] Vartholomeos to wind up visit to Thessaloniki today

    Athens, 01/10/1997 (ANA)

    Ecumenical Patriarch Vartholomeos, who is continuing an official visit in Thessaloniki, yesterday visited the city's Judicial Building, where he met the president of the Thessaloniki Bar Association (DSTH) as well as Justice Minister Evangelos Yiannopoulos and other officials.

    Addressing the Patriarch, Mr. Yiannopoulos referred to contribution by both the church and the Patriarchate to the nation's struggles. The justice minister also conveyed a message by Prime Minister Costas Simitis to the Patriarch and stressed the need for unity between Churches.

    The Bar Association president referred to the Halki Academy of Theology, summarily shut down by Turkish authorities in 1971, saying that the academy's re-operation was a demand by all Orthodox faithful.

    The Patriarch, an honorary president of the Thessaloniki Bar Association since 1995, later attended a DSTH board meeting. Vartholomeos later announced the establishment of a school of Byzantine ecclesiastic arts at the Holy Monastery of Agia Anastasia in Thessaloniki prefecture, during his visit to the monastery.

    The school will help future clergymen to develop skills in Byzantine arts. In another visit, the Patriarch also gave his blessing to the reforestation of the Seikh Sou forest, half of which was burned down over summer. In a symbolic move, Vartholomeos planted a tree.

    [19] Patriarchate-SAE relations

    Athens, 01/10/1997 (ANA)

    Relations between the Ecumenical Patriarchate and the World Council of Hellenes Abroad (SAE) are steadily improving, while Patriarch Vartholomeos would most likely extend his blessing to the opening of the second SAE congress, slated for early December in Thessaloniki.

    The Ecumenical Patriarch, who winds up an official visit to Thessaloniki today, received a Parliament committee concerned with expatriate Greek matters yesterday morning and discussed matters concerning the overseas Greek communities, co-operation between the Patriarchate and SAE and also the committee's imminent visit to the United States.

    Committee president Grigoris Niotis, a PASOK MP and former foreign under-secretary, told reporters the meeting had been "significant", and underlined the role played by the Ecumenical Patriarchate internationally.

    The topics of discussion also focused on re-opening of the Halki Academy, while the presidium assured the Patriarch that it would put the issue before US officials.

    On his part, SAE president Andrew Athens expressed great pleasure at meeting with the Patriarch. He said they had discussed the unity of oversees Hellenism with the Church and the religious center, and pledged to support efforts for the re-opening of the Halki School.

    Finally, Vartholomeos laid the foundation stone of the building, which is to house the Imvros Association of Macedonia and Thrace in Thessaloniki. Patriarch Vartholomeos is a native of the island of Imvros, which now belongs to Turkey.

    [20] Patriarchate delegation to Albania

    Athens, 01/10/1997 (ANA)

    In a related development, a delegation from the Ecumenical Patriarchate is scheduled to pay a visit to Tirana at the end of the week for discussions with Albania's political leadership on issues related to the Autocephalous Orthodox Church of Albania.

    Archbishop Anastasios of Tirana and All Albania, who is currently accompanying Vartholomeos in his Thessaloniki visit, stated yesterday that the delegation's visit was part of dialogue to settle pending issues, including a demand for the placement of three Greek Metropolitans in Albania, which had frozen under the Berisha government.

    [21] Conference on Venice-Crete relations

    Athens, 01/10/1997 (ANA)

    An international conference on the history of relations between Venice and the island of Crete begins today in Iraklion, to mark the 200th anniversary of the fall of the Republic of Venice.

    Crete belonged to the Venetian Republic from the 13th to the 17th centuries.

    The conference, to last until Saturday, with one session in Hania on Friday, is being organized by Venice's Institute for Science, Letters and Arts and will concentrate on political-institutional, economic and social themes, urban issues and culture.

    During the conference, a book by Eugenia Bevilacqua on the historical cartography of the island of Crete will be released.

    [22] Pangalos to meet Vartholomeos today

    Athens, 01/10/1997 (ANA)

    Foreign Minister Theodoros Pangalos, who visited Mount Athos yesterday, said relations between the Greek government and the Orthodox Ecumenical Patriarchate are excellent and have never been disrupted.

    Mr. Pangalos will meet in Thessaloniki this morning with Ecumenical Patriarch Vartholomeos. "Our relations with the Ecumenical Patriarchate have been continuous, there has been no disruption", he said. "I've heard no complaint by the Patriarch", he added.

    Mr. Pangalos arrived yesterday morning in Karyes, accompanied by the monastic community's political director.

    [23] Two more charges against Thierry Roussel filed

    Athens, 01/10/1997 (ANA)

    The Supreme Court has decided that Thierry Roussel, the father of 12-year-old Athena Onassis-Roussel, should stand trial on two more charges apart from defamation, perjury and filing a false lawsuit.

    All charges relate to certain accusations Mr. Roussel had launched against the Onassis Foundation's board, for which a previous acquittal was based on insufficient evidence. As a result, the case will be examined again by the Council of Appeals.

    Athena Onassis-Roussel will have to wait until she becomes an adult in the year 2003 to be able to administrate the massive fortune left by her grandfather Aristotelis to her mother Christina.

    [24] Plan for new 'research city' presented in Thrace

    Athens, 01/10/1997 (ANA)

    A specially designed municipality to encourage technological research is being planned in Thrace to attract scientists and their families from Greece and abroad, according to the Hellenic American National Council (HANC).

    Dr. Antonis Tomazinis, chairing a HANC committee that presented the plan to the public in Alexandroupoli yesterday, said Thrace would be an ideal place to build the "think-tank" town because it already has the needed infrastructure, it's at the center of the Balkans, and there is national interest in bringing more activity to that area of Greece.

    Dr. Tomazinis said the town would be spread over 4,000 hectares and be built on the model of Sofia Antipolis in France's Cote d'Azur , to encourage scientists to pursue work unobstructed.

    The site will be selected by specialists and donated by the state. It will be located near the borders of the Evros and Rodopi prefectures or a nearby area with the necessary features. The project would draw on HANC funds totaling 30 billion drachmas, an amount already pledged, and European Union funds of ECU 1.2 billion.

    While falling under Greek law and regulations, it would retain an independent status from the state, similar to universities.

    The meeting was attended by regional officials and two deputies, among others.

    [25] Conference links labor, culture in Thessaloniki

    Athens, 01/10/1997 (ANA)

    A two-day conference on "Labor and Culture, the Institution of Cultural Capital and Participation by Workers" opened in Thessaloniki yesterday.

    Culture Minister Evangelos Venizelos opened the conference with a speech, and lauded the initiative for such an event by the Thessaloniki Labor Center showing the professionalism and seriousness with which the center deals with theoretical questions and scientific research, necessary to allowing the labor movement to have positions that are based on facts rather than emotions.

    [26] Law enforcement decentralization proposed

    Athens, 01/10/1997 (ANA)

    A report prepared by a public order and interior ministries special committee proposes the ceding of some important duties of the Greek Police (EL.AS) to municipal police forces, set to be established on a new basis.

    The special committee, created at the initiative of Public Order Minister George Romeos, proposes a full handover of certain duties currently exercised by EL.AS to municipal police forces which, however, will be established or reorganized with a legislative settlement over a transitional period until the year 2000, since such a municipal police force does not function in Greece at present.

    The special committee anticipates that it is possible that such law enforcement agencies will not be able to be established at the same time in all local government organizations, and for this reason a transitional period is essential to provide time for these forces to be established, manned, organized and trained.

    [27] Vehicle confiscation order modified

    Athens, 01/10/1997 (ANA)

    Vehicle impounding for drunk driving violations will continue, however, vehicles will only be permanently confiscated in rare cases, Public Order Minister George Romeos said yesterday.

    According to Mr. Romeos, recently stepped up breathalyzer checks have been effective, sending a strong shock that made drivers more aware of the problem of drunk driving and more observant of traffic regulations.

    He also announced that the ministry was revising certain regulations and making them more legally compatible. He was referring to rules imposed by an Athens prosecutor that led to car confiscation and have been creating controversy for being too severe.

    Mr. Romeos said cars would no longer be confiscated except for special cases where drivers are extremely reckless in observing regulations and repeat offenders.

    Drivers who disobey traffic rules will be handed stiff fines and jail terms, while police units will be equipped with computers to determine whether a detained driver is a repeat offender or not.

    [28] Greek officials tour quake-stricken areas in Italy

    Athens, 01/10/1997 (ANA)

    Officials of the environment and public works ministry and the Organization of Anti-seismic Protection and Planning have been visiting the areas of central Italy struck by the earthquake last week, and following the efforts of the Italian Civil Protection authorities in meeting the immediate needs of the population affected.

    The Greek officials exchanged views and experience with their Italian colleagues, with whom they have had close and excellent co-operation for a number of years. An Italian team offered considerable help in the destructive earthquake that struck Aigion two years ago.

    [29] Winter store hours announced

    Athens, 01/10/1997 (ANA)

    The new winter store schedule will be effective as of today and until May 31 in Attica prefecture, with the exception of the islands.

    A relevant legislative act has already been issued based on the new timetable. Employees of public organizations and enterprises, public services, public legal entities and local government will turn up for work at 7:30 a.m.

    Employees at banks and their subsidiaries will start work at 8 a.m. on Mondays to Thursdays and 7:40 a.m. on Fridays. Butcher shops, fish shops, fruit stands, bakeries, building premises, wholesale trade, handicraft industries and cleaners will open at 7 a.m.

    Commercial stores, department stores, clothes boutiques, jewelers, cosmetics shops, bookstores and electrical appliance outlets will open at 9 a.m. Super markets located downtown, namely, inside the downtown vehicle restricted zone and surrounding streets in the interior zone will open at 8:15 a.m.

    Stores violating the schedule will be fined from between 100,000 and one million drachmas.

    [30] Commission queries Greek ban on food supplements

    Athens, 01/10/1997 (ANA)

    The European Commission has sent a letter to the Greek authorities following a complaint submitted to Brussels about a ban on the circulation in the Greek market of food supplements which are lawfully manufactured in Britain.

    In the letter, the Commission gives Greece one month to reply to the complaint. The products banned by Greece are L-Glutamine 500 mg., L-Histidine 500 mg., Raba Tab and G- Lucomannan 500 tabs.

    The Commission points out that the products circulate quite legally in other member-states and that the banning of products is only permissible on the basis of the instances contained in article 36 of the EU Treaty and any refusal to approve circulation should be accompanied by the scientific reasons for the relevant decision.

    [31] DEH profits expected to drop sharply in 1997

    Athens, 01/10/1997 (ANA)

    The Public Power Corp. (DEH) expects profits to reach 20.5 billion drachmas in 1997 against 80.3 billion drachmas for last year. According to its budget plan, DEH profits for 1998 are expected to reach 41.5 billion drachmas.

    The budget for 1998 was the ma in topic of the agenda yesterday during a meeting of the company's board of directors.

    [32] Latest Spraos report details pension fund deficiencies

    Athens, 01/10/1997 (ANA)

    Prime Minister Costas Simitis yesterday was handed a second specially commissioned report on pensions and the social security system from noted economics professor Ioannis Spraos.

    Their meeting was attended by Mr. Simitis' adviser on social security issues, Platonas Tiniou, who is also a member of the so-called "Spraos committee", which drafted the report. Prof. Spraos told reporters that he had no comments on the measures recommended in the report and that he was awaiting the prime minister's comments.

    The previous Spraos report was on tax income and the course of the economy. It records some of the ills plaguing the current social security system.

    According to reports, contributions paid to funds are used almost exclusively to support pensions, while the system has slided into a state of "generation solidarity" and has lost the possibility of capitalization.

    The report also notes what it calls the important role of "widespread contribution evasion", a decrease in employment, the aging of the population, existence of hundreds of funds and chaotic clauses and increased percentages of disability pensions, among others.

    Projection of these problems apparently figures that around 2010 some funds might find themselves unable to pay pensions. In the upcoming dialogue on the insurance issue, Labor and Social Insurances Minister Miltiades Papaioannou intends to raise for discussion, among others, measures aimed at the unification of funds and preconditions for pensioning, as well as initiation of new resources to finance the system.

    [33] Greece adopts outline figures for 1998 budget

    Athens, 01/10/1997 (ANA)

    The government has endorsed preliminary proposals for next year's tax policy and outline figures for the 1998 budget, government sources said on Monday.

    A meeting chaired by National Economy and Finance Minister Yiannos Papantoniou adopted proposals for a 20 percent rise in presumed income levels indicated by the possession of vehicles and boats, and a 20-25 percent increase in the levels of the so-called objective criteria for the assessment of traders' and corporate taxable income.

    Also adopted were a 30 percent rise in deemed real estate values and a rise in the tax on government securities to 10 percent from 7.5, the sources said.

    The meeting also adopted a proposal to raise monthly tax deductions at the source for middle and high incomes. Rejected were proposals to tax mobile phones, and directly hike taxes on companies and mutual funds.

    Ministry officials said the government would continue discussion on a proposal to raise the tax-free bracket on income and inflation-linked indexation of the tax scale following consultations with unions.

    The government's incomes policy for 1998 will not exceed the expected range of consumer price inflation (2.5-3.0 percent) plus a rise in productivity (1.0-1.5 percent). The meeting adopted a proposal setting the 1998 budget's regular revenue at 9.25 trillion drachmas from 8.35 trillion in 1997. Spending will total 7.25 trillion drachmas.

    [34] Greek stocks again post new record, seen breaching 1,800 pts

    Athens, 01/10/1997 (ANA)

    Greek equities surged to a new record close on the Athens Stock Exchange, yesterday their third in the last four sessions. The general index closed 0.95 percent higher at 1,777.37 points to show a spectacular 16.72 percent rise in September.

    The market looked extremely confident and the general index was likely to break the 1,800 level in the next few sessions, traders said. Trading remained heavy and turnover was 29 billion drachmas. Most sector indices scored gains. Banks rose 0.87 percent, Leasing was 0.49 percent up, Insurance jumped 3.77 percent, Investment rose 1.06 percent, Industrials were 1.41 percent higher, Holding rose 0.94 percent and Miscellaneous ended 0.38 percent up. Construction bucked the trend to fall 0.26 percent.

    The parallel market index for small cap companies ended 2.37 percent higher. Broadly, advancers led decliners by 149 to 86 with another 23 issues unchanged, Bank of Central Greece, Radio Athina, Macedonian Plastics and Selonda scored the biggest percentage gains, while Elfico, Britania, Ideal and Eskimo suffered the heaviest losses.

    National Bank of Greece ended at 34,795 drachmas, Ergobank at 18,695, Alpha Credit Bank at 20,500, Delta Dairy at 3,935, Titan Cement at 16,850, Intracom at 14,930 and Hellenic Telecommunications Organization at 6,990.

    In the domestic foreign exchange market the US dollar was fractionally higher against the drachma.

    [35] Greek bourse jumps 16.72 pct in September

    Athens, 01/10/1997 (ANA)

    Autumn of 1990. Athens had lost the battle for the Golden Olympics to Atlanta and the Greek bourse declined 19.5 percent. Monday, September 8 1997. Athens has won the 2004 Olympic Games and the stock market soared to post a new record daily rise of 7.96 percent.

    Those two events shaped the future of the Athens Stock Exchange, analysts say. The prospects for the market ahead of the 2004 Olympics and an 8 trillion drachma European Union support program were clearly reflected in the rising trend of share prices during September.

    The general index broke three new record highs and turnover showed a spectacular improvement. The index was 253.71 points higher, or 16.72 percent, in the month, and total turnover was 569.053 billion drachmas, more than double the August figure.

    Insurance and Construction indices scored the biggest percentage gains with 32.08 and 29.39 percent respectively, followed by a 23.46 percent gain in Industrials. Out of the 22 trading sessions in September, 15 marked gains and 7 declines.

    [36] Greek state telecom sees 30 pct jump in H1 profit

    Athens, 01/10/1997 (ANA)

    Hellenic Telecommunications Organisation, which is listed on the Athens bourse, posted profits after tax of 84 billion drachmas in the first half, marking a 30 percent rise against the same period of 1996.

    The state telecom's revenue increased by 16.6 percent to 374 billion drachmas in the same period, and shareholders equity was 48 percent higher against the corresponding period last year, exceeding one trillion drachmas, the firm said in a statement yesterday.

    [37] International informatics trade fair opens in Greece

    Athens, 01/10/1997 (ANA)

    An international trade fair on information systems and hi-tech products opens in second-city Thessaloniki today. Organized by HELEXPO, the state-run trade fair organizer, the exhibition will run until October 5 in the grounds of Thessaloniki international trade fair.

    Among exhibitors are the European Union, the national economy ministry, and the development ministry's general secretariat of research and technology.

    On display will be the state's EU-funded Cleisthenes computer network to modernize the public sector.

    Also taking part are the Association of Greek Informatics Enterprises and Association of Northern Greek Informatics Enterprises, both of which are also helping HELEXPO to organize the trade fair. A conference on applications in informatics and communications also will be held.

    The conference organizers expect the annual event to be the largest so far with 562 exhibitors, of whom 233 are from Greece and 329 from abroad representing 23 countries.

    [38] HEPO seminars on Czech Republic, Slovakia

    Athens, 01/10/1997 (ANA)

    The Hellenic Foreign Trade Board (HEPO) will organize two seminars on doing business in Slovakia and the Czech Republic, on Oct. 7-8. Experts from the two countries will be keynote speakers at the seminars, focusing on growth, trade and investment.

    End of English language section.


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