|Monday, 18 November 2019|
Macedonian Press Agency: News in English, 05-08-25
From: The Macedonian Press Agency at http://www.mpa.gr and http://www.hri.org/MPA.
 UNEMPLOYMENT DROPPED BY 1 PERCENTAGE POINTAthens, 25 August 2005 (12:48 UTC+2)
Minister of Employment and Social Protection Panos Panagiotopoulos assured that the government guarantees both the payment of pensions and the social character of social security after the meeting he had this morning with Prime Minister Costas Karamanlis.
Mr. Panagiotopoulos announced that unemployment rate has dropped by at least 1 percentage point compared to last year and stressed that reforms will continue aimed at the development of the economy, the strengthening of competitiveness and the creation of more job positions.
According to Mr. Panagiotopoulos, the ruling party of New Democracy inherited from PASOK an unemployment rate of 11.3% and managed to bring it down to just over 10%.
 OIL PRICES OVER A BARRELLondon, 25 August 2005 (13:03 UTC+2)
Oil prices closed at .52 a barrel in the New York stock market, while in London oil prices traded a dollar lower.
The price rise is attributed to the storms that could hit the oil refineries supplying the United States.
The rise of oil prices caused losses in stock markets.
According to the Deutsche Bank, oil prices over a barrel are absurd.
 GEORGE CORRAFACE IS THE NEW CHAIRMAN OF THE THESSALONIKI INTERNATIONAL FILM FESTIVALThessaloniki, 25 August 2005 (17:44 UTC+2)
The Ministry of Culture announced today that George Corraface, with an international career as an actor, is the new chairman of the Thessaloniki International Film Festival, pointing out that he is a distinguished Greek with a bright presence in the world cultural scene.
The Ministry of Culture also mentioned in a statement it has issued that the cultural forces of the country will be used in the best possible way to further strengthen the Greek culture both domestically and abroad.
 HIGHER EDUCATION ADMISSION TEST RESULTS ARE OUTThessaloniki, 25 August 2005 (14:36 UTC+2)
Anxiety is over for the thousands of secondary school graduates who took the higher education admission tests in Greece. The Ministry of Education gave out the passing grades a student must have in order to be admitted in a university or Technological Training Institution.
An estimated 66,324 secondary school graduates of the 89,000 who took the admission tests will be admitted.
A rise in passing grades has been recorded in a total of 275 higher education schools, compared to 243 that recorded a drop. In two schools passing grades remained at last year's levels, while there are 15 newly created schools.
The most notable grade rise was recorded in the merchant marine captains' training school and the biggest drop in Thessaloniki's Aristotle University German Language School.
Minister of Education Marietta Giannakou called on those who passed the admission tests to make a greater effort and those who failed not to become disappointed. Because knowledge is power, more opportunities will be given to the young, stated Mrs. Giannakou.