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Macedonian Press Agency: Brief News in English, 97-02-06

Macedonian Press Agency: Brief News in English Directory - Previous Article - Next Article

From: The Macedonian Press Agency at http://www.mpa.gr and http://www.hri.org/MPA.

BRIEF GREEK NEWS BULLETIN BY MACEDONIAN PRESS AGENCY

Thessaloniki, February 6, 1997


TITLES

  • [01] EC APPLAUDS GREEK ECONOMY'S COURSE IN ITS LATEST REPORT
  • [02] CENTRAL GREECE'S PROTESTING FARMERS DEMAND TO SEE THE PREMIER
  • [03] TEACHERS TO EXTEND STRIKE WELL INTO NEXT WEEK
  • [04] SERBIAN PARLIAMENT RECEIVES LAW UPHOLDING OPPOSITION'S VICTORY
  • [05] HAN SUNG JU AND GUSTAV FEISHEL IN ISTANBUL TO DISCUSS CYPRUS ISSUE
  • [06] BULGARIA: FURTHER DROPS IN EXCHANGE RESERVE

  • NEWS IN DETAIL

    [01] EC APPLAUDS GREEK ECONOMY'S COURSE IN ITS LATEST REPORT

    Brussels, February 6 (MPA)

    The European Commission appears satisfied with the course of the Greek economy and the government's effort to enforce a comprehensive macro-economic plan for keeping its growth rate at a fast pace.

    In its latest report on the course of the economies of European Union member-states, the EC salutes with confidence Greece's measures that aim to reduce public debt and further de- escalate inflation. The Commission foresees that within 1997 Greece wil achieve a two-fold increase of its Gross National Product's primary surplus, which in turn will sustain the growth trend by contributing to the reduction of the country's account deficit.

    The Commission reported that the growth rate in 1996 ranged at about 2.4 per cent and foresees that in 1997 inflation will drop to 6.9 per cent and the unemployment rate is not expected to surpass the 9 percent mark.

    Moreover, the Commission applauds Greece's revised program of convergence, although its does point out that Greece's fiscal deficit stems from its restructuring attempts, that is, the way the Greek economy is organized and functions, and, as such, restructuring policies are necessary in order to steady the fiscal imbalances.

    [02] CENTRAL GREECE'S PROTESTING FARMERS DEMAND TO SEE THE PREMIER

    Thessaloniki, February 6 (MPA)

    Central Greece's protesting farmers continue their mobilizations today, fortifying their gatherings along the national highways and suburbian roads. They demand to see Premier Kostas Simitis so that they can discuss their issues with him tete- a-tete.

    Meanwhile the country's old national highway remains closed, along with a couple of suburbian roads in central Greece.

    [03] TEACHERS TO EXTEND STRIKE WELL INTO NEXT WEEK

    Athens, February 6 (MPA)

    Greek high school teachers have decided to extend their strike into next week, while the elementary school and kindergarten teaching staff are expected to do the same, following yesterday's fruitless meeting they had with Education Ministry officials.

    The high school teachers are currently on the third week of their strike, while the rest of the teaching staff are on the fourth day.

    [04] SERBIAN PARLIAMENT RECEIVES LAW UPHOLDING OPPOSITION'S VICTORY

    Belgrade, February 6 (MPA)

    The law which recognizes the Federal Yugoslav Republic's main opposition (Zajedno) victory in November 17's local elections has been tabled in the Serb Parliament.

    Serb President Slobodan Milosevic has conceded by recognizing the opposition's victory, although Spain's former Premier Felipe Gonzales, the man that led the pro-opposition report issued by the Organization for Peace and Security in Europe, appeared reserved when he received the news.

    [05] HAN SUNG JU AND GUSTAV FEISHEL IN ISTANBUL TO DISCUSS CYPRUS ISSUE

    Nicosia, February 6 (MPA)

    The United Nations Secretary-General's special envoy for the Cyprus issue Han Sung Ju and assistant envoy Gustav Feishel are to visit Istanbul today in order to hold a discussion concerning the Cyprus issue.

    "There is still a great distance dividing the island's two communities, when it comes to their positions and mutual trust, which I consider as very significant points," Mr. Ju stated.

    Mr. Feishel stated that Turkey must be told once again that she must contribute to the solution-finding process and added that Ankara has not yet realized that her support is needed to resolve the Cyprus issue.

    Following Istanbul, the two UN diplomats will visit Athens where they will meet with Greek government officials.

    [06] BULGARIA: FURTHER DROPS IN EXCHANGE RESERVE

    Sofia, February 6 (MPA)

    Bulgaria's exchange reserves marked a further 20 percent drop during the last quarter, reaching by the end of January the $415 million mark, whereas at the end of October they were at $520 million.

    The downward trend, data provided by the National Bank of Bulgaria, (NBB) is attibuted to the fact that Bulgaria wholly cleared its foreign debt in January.

    Meanwhile, NBB will grant the Finance Ministry with a three- month loan of 24 billion leva, with the repayment term being the then-running exchange rate.

    One year ago, the dollar-lev exchange rate was 1-60, respectively. It is now recorded at the dismal rate of 2,000-1.


    Complete archives of the Macedonian Press Agency bulletins are available on the MPA Home Page at http://www.mpa.gr/ and on the U.S. mirror at http://www.hri.org/MPA/


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