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Athens News Agency: News in English, 08-11-03
CONTENTS
[01] United Textiles S.A. financing process continued
[02] Gov't on economy, bank support package
[03] Karamanlis congratulations to Canada's Harper for re-election
[01] United Textiles S.A. financing process continued
Following a new request by the economy and finance ministry to United
Textiles S.A. management, formerly Naoussa Spinning Mills S.A., for
more time to complete a re-financing process, its general assembly
unanimously decided to adjourn and convene again on Nov. 21.
According to an announcement made in the general assembly meeting held
on Oct. 31, "the company is still in a critical stage considering the
significant delays recorded and the immediate completion of the process
is deemed as imperative."
[02] Gov't on economy, bank support package
The state budget will move within the framework set by the presented
draft plan, government spokesman Evangelos Antonaros repeated on
Monday, adding that the government position has not changed. Antonaros
also underlined that the forecast regarding the country's growth rate
was provided by European Commissioner Joaquin Almunia and is close to
that of the Greek government. Regarding domestic banks' participation
in a support programme announced by the government, he stressed that
participation is voluntary and banks will have to realise that their
own interests lie with the society's interest. "The fact that certain
banks are not interested in participating in the programme attests to
the strictness of terms," he stressed.
[03] Karamanlis congratulations to Canada's Harper for re-election
Greek Prime Minister Costas Karamanlis on Monday relayed his
congratulations to his Canadian counterpart Stephen Harper for the
latter's re-election.
Karamanlis, in his letter, refers to the strong historical, political
and cultural bonds between the two countries, which, he said, are
reinforced even more by the existence of prosperous and dynamic
Greek-Canadian communities in Canada
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