Athens News Agency: News in English (AM), 97-06-20
NEWS IN ENGLISH
Athens, Greece, 20/06/1997 (ANA)
MAIN HEADLINES
- Official US map proves Greek sovereignty of Imia
- Philippines' Ramos in Athens on Sunday
- Greek, Egyptian defence ministers discuss cooperation
- Sixth Panhellenic Journalists Conference begins
- Equipment delivered for Gjirokaster police
- Abducted Greek businessman released in Albania
- Marlon Brando in Athens for speech on environment
- Committee proposes strict incomes policy in next 2 years
- New radar system activated
- EU efforts for integration of internal energy market
- Greek Jan-Feb current account deficit widens to $874 mln
- Greece not to impose special tax on company profit-sources
- Arcadia Rokas to increase share capital
- National Bank, IBM agreement signed WEATHER
FOREIGN EXCHANGE
NEWS IN DETAIL
Official US map proves Greek sovereignty of Imia
The US government yesterday clearly stated that it considers the Imia
islets within Greece's sovereignty, after observing a neutral stance on the
Greek-Turkish dispute for almost a year and a half.
In response to a press question, Pentagon spokesman Ken Bacon verified the
existence of an official navigational map issued by the United States'
federal chartographical service, which depicts the Imia islets as Greek
territory.
"It's a fact that there was a new map issued at the end of '96, clearly
showing the island within Greece's sovereignty, as it always was. It's a
navigational map for seamen and it's available to the public. You can check
and verify that the islet is depicted as under Greek sovereignty," Mr.
Bacon stressed.
The Pentagon spokesman added that the US State Department intervened in
order that a previous edition of the same map be corrected, since it
depicted the Imia islets as being of "undetermined sovereignty."
"These issues are decided by the State Department. They have an official
geographer...He decides on matters of appropriate nationality of properties
around the world...we follow his advice," he said.
Turkey's dispute of Greece's sovereignty of the islets almost sparked an
armed conflict between Athens and Ankara in late January 1996.
Philippines' Ramos in Athens on Sunday
The president of the Philippines, Fidel Ramos, is due in Athens Sunday for
a three-day visit at the invitation of his Greek counterpart Kostis
Stephanopoulos.
The two presidents will have a meeting on Monday morning, after which Mr.
Ramos will hold talks with Prime Minister Costas Simitis.
Mr. Ramos will meet with political party representatives and Greek
businessmen on Monday afternoon.
Foreign Minister Theodoros Pangalos is also due to meet with his Filipino
counterpart on Monday afternoon.
Mr. Ramos is currently on a nine-day tour of Britain, Greece and Oman in a
bid to attract foreign investors.
Greek, Egyptian defence ministers discuss cooperation
Greece and Egypt ascertained an identity of views on issues concerning
peace, security and progress in the greater region of the Balkans, the
eastern Mediterranean and the Middle East, during talks yesterday between
National Defence Minister Akis Tsohatzopoulos and his counterpart, Gen.
Hussein Tantawi.
Mr. Tsohatzopoulos stressed that Greece and Egypt were stabilising factors
in developments in the broader region.
"Egypt and Greece, two countries with such friendly relations and a
stabilising role in the region, care about the behaviour of countries which
do not conduct themselves in a stabilising manner in order to exercise
their influence," Mr. Tsohatzopoulos said, indirectly referring to
Turkey.
The two ministers agreed that Greece and Egypt should embark on more
substantial cooperation in the armed forces sector, particularly with
regard to training, joint exercises, armaments and the exchange of views
and information.
Details concerning the cooperation will be discussed at meetings between
representatives of the two countries' general staffs.
They also agreed that the two countries should make joint efforts to
contribute to the peace processes in the eastern Mediterranean and the
Middle East.
Gen. Tantawi said that Athens and Cairo were "albeit with a delay"
cooperating more closely, citing the signing of a cooperation protocol
between the armed forces of the two countries.
He praised "the important role" played by Greece in the Balkans, saying
Athens' policy was the same as that being implemented by Cairo concerning
problems in the eastern Mediterranean and the Middle East.
On Egypt's position in relation to the Middle East peace process, Gen.
Tantawi said efforts must continue for an overall and lasting peace in the
region for the benefit of all the peoples of the Middle East.
In this direction, he added, Egyptian President Hosni Mubarak was
exercising his influence "since Egypt is the only country which can play
this role."
Sixth Panhellenic Journalists Conference begins
The sixth Panhellenic Journalists Conference started aboard a vessel
sailing from Alexandroupoli to the island of Samothrace last night with the
participation this year of some 350 journalists from Greece and abroad.
The conference, held on Samothrace every year, is jointly organised by the
Evros Prefecture and the island's municipality with the cooperation of
POESY, the Athens and Thessaloniki Journalists Union .
The first part of the conference concerns "Developments in the Balkans and
the Mass Media: Former Yugoslavia, Albania, the Former Yugoslav Republic of
Macedonia (FYROM) and Bulgaria", while the second will focus on "Developments
in the Balkans and the Mass Media: Greek-Turkish Relations."
The third part concerns the periodical press and is entitled "Lifestyle
Magazines: An Increase in Circulations, a Crisis of Content?", while the
session will close with the fourth part on "Established Practice and
Freedom of the Press in the Mass Media: Rules, Limits, Dangers."
The conference will run through Sunday.
Equipment delivered for Gjirokaster police
A portion of the aid the Greek public order ministry is providing for the
Albanian police was delivered at the Kakavia customs post yesterday.
The aid comprises three vehicles, five motorcycles, bullet-proof vests,
police uniforms, clothing, stationery etc. All the equipment is destined
for police in Gjirokaster.
Delivery was made by the police inspector of Epirus, Ilias Krokidis, to the
head of the Gjirokaster police Jiaffer Tziotzi in the presence of Greece's
new general consul in Gjirokaster Costas Kakiousis.
Similar aid was given yesterday to police in Korce, while aid will also be
sent to police in Tirana and Vlore in the next few days.
Abducted Greek businessman released in Albania
Greek businessman Andreas Radoyiannis,who had been abducted by an armed
gang on Wednesday, was released yesterday after relatives paid two a
million drachmas ransom to his abductors.
Mr. Radoyiannis was abducted between the Albanian towns of Tepeleni and
Premeti.
The kidnappers, who grabbed the Patra businessman after a clash with his
accompanying bodyguards, initially demanded a 20 million drachmas ransom
for his release, but settled for a lesser amount after negotiations with
hostage negotiators and his Albani an business partner.
Mr. Radoyiannis was riding in a truck loaded with charcoal when he was
kidnapped.
Marlon Brando in Athens for speech on environment
Hollywood legend Marlon Brando arrived in Athens yesterday evening, a guest
of shpping magnate Yannis Latsis' daughter, Marianna.
The controversial Academy Award-winning actor is to speak Monday night on
environmental issues at the Pallas Athena Hotel in the posh Athens suburb
of Politeia. Sources said that among those expected to attend are
Environment Minister Costas Laliotis and Culture Minister Evangelos
Venizelos.
The same sources said he expressed a desire to visit the Acropolis,
probably on Sunday, after a cruise of several Aegean islands.
Committee proposes strict incomes policy in next 2 years
An economic committee's report released yesterday recommends wage increases
of 4 per cent in 1998 and 3.5 per cent in 1999 in order to bring inflation
down to 2.5 and 2 per cent, respectively.
The report also calls for a reduction in indirect taxation, and limited
public utility rate increases.
Prepared by a committee headed by Professor Yiannis Spraos and commissioned
by Prime Minister Costas Simitis, the report also calls for the levying of
a "one-off" 10 per cent tax on company incomes or, alternatively, a lump
sum contribution, at the same rate, to a fund dealing with labour
issues.
Mr. Spraos stressed that the government must seek a consensus of social
partners in the application of the report's recommendations, although in
case this is not obtained, the government must make it clear it will remain
on its inflation target, "even if its attainment without consensus is more
painful". He also insisted that the government must consistently apply the
programme for privatisation or liquidation of ailing state-controlled
enterprises.
Premier Simitis described the economic report (Continued on page 7)
(Continued from front page) as "a central reference point for discussions
on inflation and incomes."
New radar system activated
The Civil Aviation Authority (YPA) will for the first time activate a radar
system to facilitate air transport and pilots within the Athens FIR.
This was communicated to all international organisations with a NOTAM
issued by YPA, according to which as of June 25, radar service will be
provided in the Athens Flight Information Region (FIR) with unlimited
possibilities.
Transport and Communications Minister Haris Kastanidis said the system will
increase the capacity of airspace, meaning 200 more flights, while delays
will be decreased.
EU efforts for integration of internal energy market
Opening a conference on "Energy and Development" yesterday, EU Commissioner
Christos Papoutsis referred to the efforts of the European Commission for
the integration of the internal energy market.
"Natural gas in Europe costs 30 per cent more than in the US, while energy
in the chemical industry is 45 per cent more expensive. It is clear that
under such conditions, European products are not competitive," he pointed
out.
"Renewable energy sources are a priority for Greece. The triptych Energy -
Tourism - Small- and Medium-Enterprises cand provide the basis for an
integrated development drive," he said.
Greek Jan-Feb current account deficit widens to $874 mln
Greece's current account deficit widened to 874 million dollars in January-
February 1997 from 305.1 million dollars in the corresponding period of
1996, the central bank said yesterday.
According to data released by the Bank of Greece, the rise stemmed from a
443.3-million dollar jump in the trade deficit combined with a 125.6-
million dollar slump in the surplus of invisible transactions.
At the end of February foreign currency reserves were 19.6 billion dollars,
up from 17.4 billion a year earlier, the central bank said.
Greece not to impose special tax on company profit-sources
Greece's socialist government has no plans to slap an extraordinary tax on
company profits, national economy ministry sources told the Athens News
Agency.
The response followed a proposal for imposition of the tax in a report
submitted to the ministry by an advisory committee that has upset stock
market players and firms.
Arcadia Rokas to increase share capital
The metallurgical firm Arcadia Rokas will increase its share capital by two
billion drachmas to finance investment plans in the wind park sector.
More specifically, Arcadia Rokas will issue 940,680 new common shares and
147,888 preferred ones at the rate of two new shares for every 10 old ones.
The price of shares is 1,900 drachmas for the common ones and 1,600
drachmas for the preferred. Last ye ar closed with profits amounting to
1.05 billion drachmas, an increase of 26.8 per cent, while turnover reached
3.7 billion drachmas, meaning an increase of 11.1 per cent. The dividend
amounts to 75 drachmas.
National Bank, IBM agreement signed
The National Bank of Greece signed a strategic cooperation agreement with
IBM yesterday regarding data processing issues.
The agreement is part of the bank's policy to upgrade and modernise its
informatics systems and infrastructure. According to the agreement, IBM is
expected to convey know-how to the National Bank.
As a result of the agreement, the bank concludes a long-term strategic
cooperation with IBM, which secures priority briefing.
WEATHER
Sunny and hot weather with continuing high temperatures is forecast
throughout the country today. Local clouds in central and northern Greece
with intermittent rain and storms in the mountainous northern regions in
the afternoon. Winds will be variable, light to moderate. Temperatures in
Athens will range between 25-40C, while in Thessaloniki from 21-35C.
FOREIGN EXCHANGE
Thursday's closing rates - buying US dlr. 271.471
Pound sterling 445.686 Cyprus pd 529.530
French franc 46.479 Swiss franc 187.805
German mark 156.825 Italian lira (100) 16.011
Yen (100) 239.499 Canadian dlr. 194.868
Australian dlr. 203.206 Irish Punt 409.954
Belgian franc 7.600 Finnish mark 52.403
Dutch guilder 139.346 Danish kr. 41.188
Swedish kr. 35.129 Norwegian kr. 37.478
Austrian sch. 22.301 Spanish peseta 1.859
Port. Escudo 1.557
(L.G.)
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