The Hellenic Radio (ERA): News in English, 08-08-05

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From: The Hellenic Radio (ERA) <www.ert.gr/>

CONTENTS

[01] Releif for Global Economy

05 Αυγ 2008 20:07:00

By

Sources: ANA, MNA, BBC

Crude oil fell to $118 a barrel amid signs demand may be curtailed by slowdowns in the U.S. and European economies. Oil dropped as much as 2.8 percent as the services sectors in the U.S. and U.K. contracted in July, and European retail sales declined by the most in at least 13 years in June. Crude oil for September delivery fell $1.95, or 1.6 percent, to $119.46 a barrel at 2:15 p.m. on the New York Mercantile Exchange.

Tense relations between the Western world and Iran are the main causes for high prices but investors seem to be calm to the numerous factors like weather conditions that effect prices, focusing in the variation of the offer-demand relation. And this is proved by the fact that they did not allow to the tropical storm Edward which sweeps the Mexican Gulf to threaten oil installations and to affect oil prices. Technical analysts estimate that prices will settle at $ 115 per barrel in the long run.

Translated by Sofia Gartziou

[02] G. Tsaggaris' Funeral on Thursday

By

Sources: ΝΕΤ 105,8

George Tsaggaris funeral will take place on Thursday, in the holly church of Ipapadis of Kalamata. The Municipal Regional Theatre will cover all expenses. Mr. Tsagaris who passed away in Kalamatas hospital was Director of the Second Programme of State Greek Radio Network as well as of the Third Programme during the 90s, while he co operated with theatrical productions composing music for more than 300 stage works starting from ancient tragedy and comedy to contemporary dramatization.

Translated by Sofia Gartziou

[03] In Nay's Resort

05 Αυγ 2008 20:53:00

Sources: ΝΕΤ 105,8

The Prime Minister, Kostas Karamanlis accompanied by his wife attended a lunch in the Navys resort in Agia Marina hosted by political and military leadership of National Defense. Mr. Karamanlis was welcomed by the minister of Defense Mr. Evaggelos Meimarakis and his wife. The lunch was not official and started just before 8:00. Deputy ministers Kostas Tasoulas, Giannis Plakiotakis as well as the leadership of the General Headquarters of National Army, Navy and Air Defense were also present.

Translated by Sofia Gartziou

[04] In Rome, Italy

05 Αυγ 2008 18:54:00

By Katerina Ioannidou

Sources: ANA-MNA-AFP

Head of the Italian company, Mr. Silvio Berlouskoni in his interview in weekly magazine CHI, parts of which were released to public, promised "a miracle" to save the Italian air company "Alitalia" from bankrupt. "Alitalias rescue plan will be announced soon", Mr. Berlusconi said, who avoided referring to the issue furthermore. "We are working. We will succeed a miracle and we will provide it to Italy, a lucrative air company", he underlined. "Alitalia" that is facing serious financial problems said on its part that it will transfer the meeting of the administrative board that will decide on the companys six months revenues and expenses in August 29. It must be noted that the company presented damages that reached $ 215 million during the first semester of the year.

Translated by Sofia Gartziou

[05] Fire Fronts

By Katerina Ioannidou

Sources: ΑNA-ΜNA-ΝΕΤ 105,8

4 new fires broke out today in the country and strong fire brigade forces are battling to put them out. At this moment, the fire that broke out in a forest mountainous land of Lihada, Evoia is in progress. Strong ground forces have arrived as well as 8 Canadair. The fire front in Daskaleio of Keratea is under control. Fire distinguishing planes, a helicopter, 30 firemen as well as 10 more vehicles are participating in the operations. Fire in Afpalio of Fokida is in progress. The fire that broke in Mazarakia of Thsprotia, has been put under control.

Translated by Sofia Gartziou

[06] Morgan Freeman in Hospital after Car Accident

Oscar-winning actor Morgan Freeman is recovering in hospital after the car he was driving left a rural road in the Mississippi Delta and flipped several times. The 71-year-old star was in "good spirits" and confident of making a full recovery after the crash left him with multiple broken bones, his spokeswoman, Donna Lee, said.Freeman, who won an Academy award for his role in 2004s Million Dollar Baby, was being treated in hospital in Memphis after the crash near Ruleville, Mississippi on Monday. Ms Lee said Freeman had suffered a "broken arm, elbow and minor shoulder damage" but was talking and in "good spirits".

Translated by Sofia Gartziou

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