|Wednesday, 20 November 2019|
Macedonian Press Agency: News in English, 98-10-03
From: The Macedonian Press Agency at http://www.mpa.gr and http://www.hri.org/MPA.
Last Update: 23:27 GMT+2
NEWS IN DETAIL
 SIMITIS MEETING WITH CONSTANTINESCU AND STOYANOV IN DELPHI
Web Posted: 15:27 GMT+2Delphi, 03/10/1998 (MPA) A tripartite meeting of Greece, Romania and Bulgaria is being held in the archaeological site of Delphi today. In the meeting participate prime minister Kostas Simitis, Romanian president Emil Constantinescu and Bulgarian president Petar Stoyanov.
The issues under discussion are the multi-faceted cooperation in south- eastern Europe, the regional stability and security. The meeting is being held in the presence of the foreign ministers of the three countries.
Opening the meeting proceedings, Mr. Simitis stressed that the directly interested countries must undertake positive and not negative action in the Balkans, while Greek foreign minister Theodoros Pangalos stressed that the initiatives that will be undertaken must have the approval of the UN Security Council.
The three leaders will also discuss issues of economic and political cooperation such as, the promotion of common networks in communications and transportation as well as, the strengthening of Europe's relations with Bulgaria and Romania.
 LILI ZOGRAFOU'S FUNERAL WILL TAKE PLACE IN IRAKLION, CRETE THIS AFTERNOON
Web Posted: 15:27 GMT+2Iraklion, 03/10/1998 (MPA) Lili Zografou, one of the great novel and essay writers in Greece, who died at the University Hospital of Crete yesterday at the age of 76 after suffering a stroke, will be buried in Iraklion, Crete this afternoon.
The Greek literary and artistic world expressed deep sorrow for the loss of the great Greek writer, who through her 24 books that have been translated into many different languages, has put her own mark on the Greek literature.
 HOPE THAT THE CRISIS IN INTERNATIONAL STOCK MARKETS WILL BE OVERCOME
Web Posted: 15:27 GMT+2Athens, 03/10/1998 (MPA) The 2% rise in the Dow Jones index recorded yesterday in Wall Street and the recovery of the dollar toward the DM have raised the hopes of investors around the world that the stock market crisis will be overcome.
The easing of the pressures in the American market is attributed to the hopes of investors that in today's summit meeting of the G-7 in Washington the most powerful countries in the world will take specific measures to deal effectively with the economic crisis hitting the emerging markets.
Most European stock markets closed yesterday with big losses, while the Athens Stock Exchange suffered a heavy loss of 7.32%.
 HALBROOKE IS IN FAVOR OF A TWO-ZONE, TWO-COMMUNITY FEDERATION IN CYPRUS
Web Posted: 15:27 GMT+2New York, 03/10/1998 (MPA) US presidential envoy to Cyprus Richard Halbrooke reiterated the US position yesterday on the establishment of a two-zone, two-community federation on the island.
Mr. Halbrooke stated that the US position has not changed, adding that Washington is in favor of a two-zone, two-community federation based on the UN resolutions.
The US official met yesterday with Turkish Cypriot leader Rauf Denktash and stated that they discussed the problems dividing the two sides but he avoided to give more details because, as he said, their talks were private and confidential.
 ΝΑΤΟ IS READY FOR ACTION IN KOSOVO
Web Posted: 15:27 GMT+2Washington, 03/10/1998 (MPA) Washington gave a deadline of two weeks to Yugoslav president Slobodan Milosevic before NATO undertakes military action.
Britain has announced that it has doubled the number of its fighter jets that are in a state of preparedness, while US president Bill Clinton stressed that Milosevic has finally realized that NATO is ready to undertake military action in Kosovo.
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