Athens News Agency: News in English, 08-11-02

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From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] Opinion poll puts blame on banks

[02] Papariga addresses party event

[03] Poll puts blame on banks

[04] FM in Marseilles on Monday

[05] Athens Newspaper Headlines

[01] Opinion poll puts blame on banks

According to the opinion poll, 46 percent of the respondents believe that the banks should be financially supported by the state, while 44 percent believed the opposite. Also, 51 percent believe that the banks should solve their problems by themselves, while 29 percent endorse their nationalization.

Further, 50 percent of the respondents believe that their deposits are secure, while 61 percent believe that the banking system gives out home loans too easily, and 88 percent consider that households are over-indebted to the credit institutions.

In addition, 62 percent of the respondents believe that the economic situation worsened over the past year, while 61 percent believe that things will become even more difficult in the economy in the coming year.

To another question, 78 percent of the respondents said they were quite or very worried about the global financial crisis, while 90 percent believe the crisis will also impact the Greek economy, whereas only 22 percent believe it will not affect their finances and 51 percent feel it will greatly influence their finances.

The nationwide poll was conducted by telephone on October 30-31 amont a sampling of 684 people.

[02] Papariga addresses party event

Explaining the significance of the upcoming congress, Papariga said it would be of exceptional importance given the party's rise in both the last general elections and European Parliament elections, adding that today the KKE was more resilient, more mature and chiefly, had acquired the ability to organise the daily battle in the correct direction.

Turning to political developments, Papariga noted with satisfaction that the KKE had predicted the international financial crisis and therefore was ready to confront it, noting the relevant draft laws tabled in parliament.

Regarding the stance of the other parties, Papariga said that ruling New Democracy (ND) and main opposition PASOK were parties that served the urban class while the other two parties, SYRIZA and LAOS, served as "life rafts" of the system.

[03] Poll puts blame on banks

According to the opinion poll, 46 percent of the respondents believe that the banks should be financially supported by the state, while 44 percent believed the opposite. Also, 51 percent believe that the banks should solve their problems by themselves, while 29 percent endorse their nationalization.

Further, 50 percent of the respondents believe that their deposits are secure, while 61 percent believe that the banking system gives out home loans too easily, and 88 percent consider that households are over-indebted to the credit institutions.

In addition, 62 percent of the respondents believe that the economic situation worsened over the past year, while 61 percent believe that things will become even more difficult in the economy in the coming year.

To another question, 78 percent of the respondents said they were quite or very worried about the global financial crisis, while 90 percent believe the crisis will also impact the Greek economy, whereas only 22 percent believe it will not affect their finances and 51 percent feel it will greatly influence their finances.

The nationwide poll was conducted by telephone on October 30-31 amont a sampling of 684 people.

[04] FM in Marseilles on Monday

The EU ministers will discuss cross-Atlantic relations, the situation in the Near and Middle East, Pakistan and Afghanistan, and EU-Russia relations.

The two-day Barcelona Process conference, which opens Monday, will discuss institutional and regional issues, including the Mediterranean.

[05] Athens Newspaper Headlines

The impact of the international financial crisis, unemployment and public investments were the main front-page stories in Athens' newspapers on Sunday.

ADESMEFTOS TYPOS: "This is how we will exist the crisis - What the government's plans are to avert social unrest".

APOGEVMATINI: "Cash from the banks for normalization of the market".

AVGHI: "The dismissals have begun - And it's only the beginning".

CHORA: "Duel between Bakoyannis-Avramopoulos - Rumors of changes in ND ".

ELEFTHEROS TYPOS: "The key to benefits and elections is in Brussels".

ELEFTHEROTYPIA: "Bankers and big-time contractors battling it out for the state money to be given for confrontation of the crisis".

ETHNOS: "Unemployment nightmare for 330,000 employees in tourism, banks, shipping, construction".

KATHIMERINI: "Crisis of confidence in the economy - Dangerous disdain of state bonds".

NIKI: "The country paying the prices of Karamanlis' and his ministers' inadequacy".

RIZOSPASTIS: "Suppot of the people's income and counter-attack against the policy of plutocracy".

PROTO THEMA: "Bonds scandal no. 2 - The Funds lost 4.5 billion euros in one year".

TO VIMA: "Reducation of taxes decided by government - To be announced as soon as it gets the 'green light' from Brussels".

VRADYNI: "Benefits/breather for SMEs - Interest-free loans, liquidity injections".

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