|
|
Athens News Agency: News in English (PM), 98-10-13
NEWS IN ENGLISH
Athens, Greece, 13/10/1998 (ANA)
MAIN HEADLINES
- No change in govt econ policy, minister says
- Simitis welcomes unity of views on Kosovo at Antalya
- No progress in Greek-Turkish relations for now
- Homes, hospitals flooded in downpour
- Police find body of missing Dutch priest
- EU economy ministers approve updated convergence plan
- Weather
- Foreign Exchange
NEWS IN DETAIL
No change in govt econ policy, minister says
The government will remain consistent in its existing economic policy as
any relaxation in policy would have a direct impact on the economy and in
particular interest rates and the drachma, National Economy and Finance
Minister, Yiannos Papantoniou said. He said that the government's income
policy in 1999 and the years covering the convergence programme until 2001
would ensure real increases in workers' incomes as in the past, meaning pay
rises slightly higher than inflation forecasts. National Economy Minister
said containing inflation to 2.0 percent by the end of 1999 was the most
difficult task. Papantoniou said the government would use all means to
achieve this target, including lower indirect taxes.
Simitis welcomes unity of views on Kosovo at Antalya
Prime Minister Costas Simitis on Tuesday welcomed the unity of views at a
summit of southeast European countries on the need to safeguard territorial
integrity in the region and work towards defusing tension through peaceful
means. Speaking to reporters after the summit meeting in Antalya, Turkey,
Simitis said Albania and Yugoslavia's coincidence of views leading to the
joint declaration on the troubled Yugoslav province of Kosovo issued at the
summit was "an indication of progress". The communique by the leaders
underlined support for the decisions of the UN Security Council and called
for an immediate stop to hostilities in Kosovo and the commencement of
unconditional talks. The communique also underlined the commitment to the
territorial integrity and sovereignty of Yugoslavia and for the "full
protection of all rights of residents, citizens, ethnic minorities and
ethnic communities, on the basis of equality".
No progress in Greek-Turkish relations for now
Prime Minister Costas Simitis said on Tuesday that no progress in Greek-
Turkish relations would be noted until after the holding of Turkish
elections, according to an ANA dispatch from Antalya, Turkey. "As long as
the issue of elections (in Turkey) is pending, there can be no solution to
problems," the prime minister told reporters at the conclusion of the two-
day summit of southeast European leaders. Simitis met with his Turkish
counterpart and host Mesut Yilmaz on Monday night. Both Greek and Turkish
sides said the meeting was "positive" despite both premiers ascertaining
that the climate prevailing in Greek-Turkish relations was not good.
Homes, hospitals flooded in downpour
Houses and hospitals were flooded and the power supply cut after a
torrential downpour in the town of Drama, eastern Macedonia, early on
Tuesday morning. Reports said homes, business premises, the Drama hospital
and three childcare centres, including one for children with special needs,
were flooded in the downpour. Flooding at the local Power Company station
caused power cuts for a substantial period of time. Authorities said damage
had not yet been estimated but was expected to be "significant".
Police find body of missing Dutch priest
Police on Samos said on Tuesday that they had found the body of a Dutch man
missing since September 11 last year. The body of 55-year-old Johannes
Francis Klein, a Catholic priest, was found in an isolated and rocky area
near the region of Sudes, Samos. It was in an advanced state of decomposition
but police said they believed the cause of death was accidental and that
Klein slipped and fell. Father Klein was on holiday in Marathokambos, Samos,
when he was last seen leaving with two women for a trek to the Evangelistrias
Monastery, perched high on Mount Kerkis. An extensive search by local
police, fire brigade officials, army commandos and sniffer dogs brought
in from the Netherlands failed to find any trace of the man.
EU economy ministers approve updated convergence plan
European Union economy ministers yesterday approved Greece's 1998-2001 plan
to align with the rest of the 15-nation bloc that the government hopes will
take the country into economic and monetary union. The EU council of
economy and finance ministers, known as Ecofin, said in its recommendation
after a meeting in Luxembourg that it welcomed the Greek government's
target of entry into EMU by January 1, 2001. The convergence plan's focus
on fiscal revitalisation and lower consumer price inflation was correct,
the recommendation said.
WEATHER
Cloud and rain will prevail throughout Greece on Tuesday. Winds will be
southerly, southwesterly, moderate to strong. Rain in Athens where
temperatures will range between 16-24C. Similar weather in Thessaloniki
where temperatures will be from 15-20C.
FOREIGN EXCHANGE
Tuesday's rates (buying) U.S. dollar 282.145
British pound 476.358 Japanese yen (100) 239.112
French franc 51.007 German mark 171.021
Italian lira (100) 17.285 Irish Punt 427.552
Belgian franc 8.290 Finnish mark 56.205
Dutch guilder 151.667 Danish kr. 44.977
Austrian sch. 24.324 Spanish peseta 2.014
Swedish kr. 35.484 Norwegian kr. 37.547
Swiss franc 211.212 Port. Escudo 1.669
Aus. dollar 175.604 Can. dollar 183.500
Cyprus pound 583.951
(M.P.)
|