Macedonia-Thrace Bank enters EU investment programme
NEWS IN DETAIL
British foreign minister fears war over Cyprus
British Foreign Secretary Malcolm Rifkind warned early this morning that
there was a serious possibility of Greece and Turkey going to war over
Cyprus.
Mr Rifkind, speaking on BBC Radio, also accused Athens and Ankara of
lacking the political will to find a solution.
"When relations are already bad and tense and difficult and both sides
appear to be looking for an excuse to make them worse, that is pretty grim,
" he said.
Asked whether there might be conflict between Greece and Turkey in the
Aegean, Mr Rifkind said: "It has to be a serious possibility."
"I am not as confident as logic would imply because there has been a real
lack of political will on both sides," he said.
Britain expressed alarm last month over a Greek Cypriot decision to buy
Russian surface-to-air missiles, saying it could destabilise what is
already one of the most heavily militarised areas of the world.
On a visit to the divided island in December, Mr Rifkind told Greek Cypriot
leaders the planned purchase would be a "big step in the wrong direction."
Commission sees positive results in Greek economy
The European Commission's annual report on the performance of European
Union member-states' economies in 1996, expected to be publicised in the
next few days, acknowledges in its draft text on Greece that positive
results are arising from implementation of a revised convergence programme.
However, the Commission insists on the ascertainment that Greek public
deficits have a structural nature, and for this reason structural policies
are required to remedy existing fiscal imbalances.
According to reports, the special chapter on the development of the Greek
economy in 1996 is not expected to have major changes, additions and
corrections reshaping its present content, but will contain predictions
expressing satisfaction over the gover nment's efforts and estimates of a
2.4 per cent growth rate in the country over the past year.
On the question of inflation, the report assesses an average of 6.9 per
cent for 1997 and does not expect unemployment to exceed 9 per cent of the
working population.
The European Commission also hails a package of measures implemented by the
government, for the first time in the country's history, and aimed at
reducing public expenditures. The Commission anticipates that this
initiative will result in almost the dou bling of the GDP's primary surplus
in 1997 as against 1996, which in turn will contribute to a decrease in the
country's excessive public debt.
Open Skies Treaty trial flights scheduled over Larisa
Greece will cooperate with Germany in the use of a German aircraft for
trial flights to observe and photograph the Larisa region between Feb. 10-
15 within the framework of preparing implementation of the Open Skies
Treaty.
Observers from Russia, Ukraine, Romania, Italy and Spain have been invited
to attend the flights.
The Open Skies Treaty was signed in Helsinki on March 24, 1992, and
establishes a system of overflights over all territory of participant
countries, which aims to achieving transparency on military activities.
This facilitates control regarding compliance with existing or future
agreements on controlling and reducing armaments, while the possibility of
preventing conflicts is also provided.
In this context, every signatory is obliged to accept a number of photo
reconnaissance flights, and at the same time it has the right to perform an
equal number of flights over other countries. Two or more countries can
cooperate in observation flights.
Countries having ratified the treaty include Belgium, Bulgaria, Canada, the
Czech Republic, Denmark, France, Britain, Georgia, Italy, Kirgizhstan,
Luxembourg, Norway, the Netherlands, Poland, Portugal, Romania, Slovakia,
Spain, Turkey, the United States , Hungary and Iceland.
Greek Parliament ratified the treaty on March 20, 1993.
Russia, Ukraine and Belarus are expected to follow suit and ratify to
enable the treaty to be fully implemented.
Health care reforms unveiled
Health Minister Costas Geitonas said yesterday in Thessaloniki that a draft
bill introducing reforms in the national health system will be tabled in
the Cabinet in the next few days.
Mr. Geitonas described the bill as "realistic," adding that it complies
with the government's pre-election promises regarding the health care
sector.
He also stressed the need for immediate measures to improve both hospital
premises and services, at the same time drawing attention to an existing 95-
billion drachma project to construct, restore and expand hospitals in
Macedonia and Thrace.
Health Undersecretary Manolis Skoulakis also announced the creation of a
new detoxification unit.
According to the bill, the Council will convene every three months.
Striking teachers take continuing mobilisations to downtown Athens
Striking public school teachers caused traffic jams in the centre of Athens
yesterday when they marched to the education ministry.
Protesting teachers' morale appeared to be high as the fourth week of
strike actions began, with strikers enjoying a concert outside the ministry
before marching off to Parliament and then to the finance ministry.
Meanwhile, Education Undersecretary Yiannis Anthopoulos told reporters that
making up for lost school time by extending the school year "was an extreme
situation", and that there were other ways to deal with the situation.
"These methods will be discussed with the teachers when their strike ends
and schools reopen," he said.
Asked whether there were any margins for improving teachers' wages, one of
their main demands, Mr. Anthopoulos said if teachers accepted a proposal
put forward by the president of the teachers' federation, Nikos Tsoulias,
then they would see a rise in total yearly income of between 400,000-900,
000 drachmas.
However, the administrative board of OLME, the high school teachers' union,
decided yesterday to propose to a general assembly meeting today that the
strike continue for a fifth week.
A final decision will be taken tomorrow, at a meeting of the heads of local
teacher unions.
Public childcare centres
Meanwhile, workers at state childcare centres have given notice that they
will join colleagues in strike action this month.
An announcement said a 48-hour strike had been called for Feb. 12-13 and a
three-day strike for Feb. 19-21.
State film award winners announced
Winners of the 1996 state film awards were announced yesterday by Culture
Minister Evangelos Venizelos after a selection process by the Cinema
Advisory Council and the Thessaloniki film critics' committee.
The first three prizes for feature-length films went to Andreas Patzis for
"Slaughtering the Rooster", to Yannis Smaragdis for "Cavafy" and to Yannis
Typaldos for "Terra Incognita".
Prize for best documentary went to G. Zervas and G. Papaconstantinou for
"When Chagall cost less than a kilo of potatoes".
The prizes will be awarded at a special event to be held within the next
few weeks in Thessaloniki.
EU reports 45,000 deaths, 1.5 million injuries from road accidents per year
Drivers in Greece run three times the risk of losing their life in a
traffic accident than drivers in Belgium, and seven times the risk than
drivers in Britain.
Based on recent figures, the European Union is facing up to the grim
reality of 45,000 deaths and 1.5 million injuries from road accidents every
year, which is also translated into socio-economic costs of Ecu162
billion.
The figure, double the EU's annual fiscal budget, calls for a common
handling of the problem by all European Union partners, and the European
Council for Safety and Transport (ETSC) has proposed a "strategic plan for
EU road safety" with the aim of decr easing casualties to 25,000 by the
year 2010.
The plan provides for establishment of various road safety-related
information systems as well as a series of measures.
Research reveals improvement of women's position in the workplace
Research carried out within the framework of the European Union's "ADEPT"
initiative has revealed that the position of working women in society has
improved, both in the percentage of working women - now exceeding 50 per
cent - and in their educational le vel, with a greater number of women than
men holding higher education degrees.
Research on the workforce's adaptation to industrial change was carried out
on chemical, paper, plastics, tobacco and wood industries in Macedonia and
Thrace.
According to the research, specialisations in which employers will be most
interested in over the next five years will be computing, managment and
business administration.
OA, Hertz offers special fly-drive deal
Olympic Airways (OA) has signed a deal with Hertz rent-a-car to offer its
economy and executive class passengers, as well as its frequent flyers, cut-
rate prices when renting cars in most OA destinations within Greece and
abroad. The offer is also availab le to OA package-ticket (airline and
hotel) customers as well as to airline staff.
Macedonia-Thrace Bank enters EU investment programme
A draft agreement was signed yesterday on the accession of the Macedonia-
Thrace Bank to the financial intermediates network of the European Union's
"JOP PHARE-TACIS" programme. The draft agreement anticipates cooperation
between the bank and the EU in the framework of the programme of promoting
investments in central and eastern European countries, as well as in the
Russian Federation, particularly in relation of supporting the creation and
development of joint businesses between EU partners and these countries.
The programme's beneficiaries are the small- and medium-sized enterprises
of EU member-states and their financial support will be anticipated for
establishing, in cooperation with local partners, joint enterprises
headquartered in central and eastern Eu ropean countries as well as in the
Russian Federation. Investments to be financed include all sectors and
business activities.
WEATHER
Fair weather in most parts of Greece, except for some local clouds in the
south and local frost and fog early tomorrow morning. Athens and Thessaloniki
will be mostly sunny with temperatures ranging from 4-16 in the former and -
1 to 14C in the latter.
FOREIGN EXCHANGE
Closing rates - buying US dlr. 257.603
Pound sterling 420.925 Cyprus pd 520.800
French franc 46.158 Swiss franc 181.253
German mark 155.789 Italian lira (100) 15.848
Yen (100) 210.125 Canadian dlr. 190.583
Australian dlr. 195.275 Irish Punt 413.267
Belgian franc 7.553 Finnish mark 52.516
Dutch guilder 138.721 Danish kr. 40.870
Swedish kr. 35.107 Norwegian kr. 39.476
Austrian sch. 22.132 Spanish peseta 1.841
Portuguese escudo 1.555
(C.E.)