Athens News Agency: Daily News Bulletin in English, 97-02-18
From: The Greek Press & Information Office, Ottawa Canada <[email protected]>
ATHENS NEWS AGENCY BULLETIN (No 1118), February 18, 1997
Greek Press & Information Office
Ottawa, Canada
E-Mail Address: [email protected]
CONTENTS
[01] Greece confident of meeting Maastricht criteria
[02] FYROM aid
[03] Tsohatzopoulos discusses armament issues with German counterpart
[04] Interministerial committee on Greece's EU policy held
[05] EU Commissioner Wulf-Mathies to begin official visit here today
[06] Iranian Vice-President to visit Athens today
[07] Athens to host WEU security seminar
[08] Kranidiotis, van den Broek meeting centers on Cyprus
[09] Cyprus, Turkey's role in region discussed by Albright, Kinkel
[10] Athens willing to discuss deployment of multinational
peacekeeping force on Cyprus
[11] Athens reiterates that Ankara has no say in Cyprus' EU accession
[12] Evert responds to criticism over his stance during Imia crisis
[13] Political developments on the agenda for PASOK's central
committee
[14] Simitis meets with Skandalidis
[15] Museums remain closed due to strike
[16] Teachers vow to continue strikes
[17] Gov't says amendment on pension fund deposits won't be withdrawn
[18] ESHEA
[19] Tourism delegation leaves for Moscow tourist exhibition
[20] Working hours draft agreement unveiled
[21] Shopowners strike
[22] Northern Greek companies ready for bourse, study says
[23] ADEDY announces one-day strike
[24] Papantoniou predicts single-digit interest rates this year
[25] EBEA economic report notes bright spots in economy
[26] Industrialists call for free hand for mass dismissals
[27] EU assistance for SMEs announced
[28] FAGE bond issue
[29] Four people face trial over Motor Oil pollution
[01] Greece confident of meeting Maastricht criteria
Brussels, 18/02/1997(ANA - M. Spinthourakis)
The European Union Council of National Economy Ministers
(ECOFIN) convened here yesterday to examine the course of
European economy issues such as economic growth, Economic and
Mone-tary Union and unemployment.
Greece was represented by National Economy Minister Yiannos
Papantoniou.
Almost all speakers stressed that the EU has entered a
development track. But many of the national economy ministers,
including Mr. Papantoniou, focused on three reservations of a
general nature.
The first concerned the danger of wider recession than expected
being created, since the coordinated effort by all member-states
to decrease deficits is resulting in the curbing of demand at a
European level.
The second reservation regards EMU and dangers entailed for
fiscal markets by the unprecedented effort to merge 15 European
currencies into one.
Finally, the third reservation expressed was of a political
nature and was related to the reaction of public opinion in
European countries to the problem of unemployment.
National delegations, including Athens', stressed that the "15"
should take specific measures to strengthen employment through
backing investment initiatives by small- and medium-size
enterprises; promotion of inter-European networks and
implementation of a more flexible monetary policy by
member-states.
Addressing the session, Mr. Papantoniou outlined the positive
performance of the Greek economy which, he said, was recognized
by the European Commission in its recent economic report.
He said that from 14.4 per cent in 1993 the Greek public deficit
will decrease to 4.2 per cent of GDP in 1997. Inflation from 12
per cent will drop to 4.5 per cent at the end of the year, while
the country's growth rate, negative until recently, will reach
3.3 per cent of GDP at the end of the year, he noted.
Mr. Papantoniou said Greece expects to meet the terms and
conditions set out in the Maastricht Treaty in 1998 for
participation in the single currency, adding that in 1999 the
country will claim its equal participation in economic and
monetary union.
[02] FYROM aid
Brussels, 18/02/1997 (ANA)
In another development, the Council of Ministers decided to
grant economic aid to the Former Yugoslav Republic of Macedonia
(FYROM) and authorized the Commission to attend the
international conference of donors. EU aid is expected to total
ECU 40 million and will be given in the form of a loan.
Speaking to the press, Mr. Papantoniou said the Commission
provided certain explanations on technical issues raised by
certain delega-tions, including the Greek, during the last
Council of Finance Ministers, but stressed that the disbursement
of EU aid is linked to the signing of a co-operation agreement
between the EU and FYROM. It is a term put forward by Greece and
accepted by the remaining member-states.
Mr. Papantoniou said the decision taken by the Council yesterday
was the first step towards the granting of EU aid to FYROM,
stressing that a reconsideration of the issue is feasible at any
moment and is not only linked to the "technical aspects" of the
issue but to the political issue as well, namely the question of
the course of negotiations on the issue of the state's name.
[03] Tsohatzopoulos discusses armament issues with German counterpart
Bonn, 18/02/1997 (ANA - P. Stangos)
National Defense Minister Akis Tsohatzopoulos met yesterday with
his German counterpart Volker Ruhe, with both stressing
afterwards the good bilateral relations enjoyed by Greece and
Germany and co-operation between the two countries in the
military sector.
During the discussion, a decision was taken to begin
negotiations for a memorandum of understanding on armament
issues to be signed within the year, concerning co-operation
between the two defense ministries and between Greek and German
companies.
The German side appeared interested in participating in Greece's
armaments program, particularly with regards the modernization
of a number of F-4 "Phantom" fighters by the DASA company and
the provision of four submarines from the Howald shipyards.
The Greek side is also interested in the purchase of a number of
previous-generation Leopard I tanks, which has ground to a halt
as Bonn has imposed an informal embargo on their sale in areas
where tensions have allegedly risen.
Discussions between Mr. Tsohatzopoulos and his German
counterpart included the prospect of NATO expansion, with
Russia's participation in a wider European security system being
considered necessary by both Bonn and Athens.
Mr. Ruhe added that the improvement of "technical communication"
with NATO headquarters in Brussels would help prevent crises in
the alliance's Mediterranean regions and would aid in defusing
any tension.
He also rejected any other form of involvement in tensions
between Greece and Turkey and in the Cyprus issue, saying
Germany is already "overloaded" with its participation in the
international peace-keeping force in Bosnia.
Earlier yesterday, Mr. Tsohatzopoulos, in his capacity as member
of PASOK's executive bureau, met with president of the German
Social Democrats (SPD) Rudolf Sharping and president of the
joint Greek-German parliamentary group Zingrid Skarpeli-Sperk.
[04] Interministerial committee on Greece's EU policy held
Athens, 18/02/1997 (ANA)
Alternate Foreign Minister George Papandreou yesterday chaired
the second meeting of an interministerial committee concerning
coordination of Greek policy vis-a-vis the European Union.
Mr. Papandreou noted the need for closer co-operation and more
frequent contacts between ministries and called for the best
possible preparation in view of the "third financial protocol."
A foreign ministry announcement later stated that Mr. Papandreou
briefed participants at the meeting on EU enlargement and new
regulations concerning member-states that do not conform with
decisions of the European Court, as well as consequences
stemming from violations of Community Law.
The meeting was attended by Merchant Marine Minister Stavros
Soumakis, Aegean Minister Elizabeth Papazoi, Interior
Under-secretary Lambros Papadimas, Development Under-secretary
Anna Diamantopoulou, Agriculture Under-secretary Vassilis
Geranidis and Transport Under-secretary Manolis Loukakis.
National Economy Under-secretary Christos Pachtas briefed his
colleagues on the course of the second Delors Package.
[05] EU Commissioner Wulf-Mathies to begin official visit here today
Brussels, 18/02/1997 (ANA - M. Savva)
European Union Commissioner Monika Wulf-Mathies will pay a
four-day visit to Athens and Crete beginning today, where she is
expected to convey her satisfaction to Athens over the course of
implementation of the Delors II package.
During her stay in Athens, Ms Wulf-Mathies will hold talks with
Prime Minister Costas Simitis, National Economy and Finance
Minister Yiannos Papantoniou, Development Minister Vasso
Papandreou, Environment, Town Planning and Public Works Minister
Costas Laliotis and Transport and Communications Minister Haris
Kastanidis.
According to European Commission sources, she is expected to
call on the government to speed up its efforts to further
improve awarding contracts in the public works sector. The same
sources said Ms Wulf-Mathies believes that awarding terms should
become more attractive for the private sector, primarily in
cases of joint funding for major projects.
[06] Iranian Vice-President to visit Athens today
Teheran, 18/02/1997 (ANA/AFP)
Iran's first Vice-President Hassan Habibi is due in Athens today
on an official visit aimed at strengthening co-operation between
the two countries, the official IRNA news agency said yesterday.
According to IRNA, Iranian Foreign Undersecretary Mahmoud Vaezi
said that Mr. Habibi's visit to Greece was aimed at "developing
Iranian-Greek relations in all sectors". Mr. Vaezi said Mr.
Habibi's talks in Athens would focus on political and economic
issues and particularly the sale of Iranian oil to Greece.
[07] Athens to host WEU security seminar
Athens, 18/02/1997 (ANA)
The Assembly of the Western European Union is holding a colloquy
entitled "Enlarged security: the security problems posed by the
enlargement of NATO and the European institutions" in Athens on
March 11-12. The program is expected to include addresses by
Foreign Minister Theodoros Pangalos, Defense Minster Akis
Tsohatzopoulos and presentations by representatives of member
states as well as of Central European countries. For further
information: Assembly of WEU tel. 33-1-53672200, fax.
33-1-47204543.
[08] Kranidiotis, van den Broek meeting centers on Cyprus
Brussels, 18/02/1997 (ANA - G. Daratos)
Foreign Under-secretary Yiannos Kranidiotis met yesterday with
European Commissioner responsible for foreign relations Hans van
den Broek.
The discussion centered on finding a solution to the Cyprus
problem and various obstacles which must be overcome in order
for this to be achieved as soon as possible.
Both agreed that a joint effort is required on the part of the
European Union, the United States and the United Nations in
order for a satisfactory solution to be found.
They also discussed the EU-Turkey Association Council meeting,
scheduled for April 30, with Mr. van den Broek repeating that
Athens must undertake all efforts in order for the Association
Council to be held successfully, particularly following the
assurance he (van den Broek) was given recently by Turkish
Foreign Under-secretary Onur Oymen.
Mr. Oymen reportedly told Mr. van den Broek on Friday that his
government will accept the contents of a decision by the EU
foreign ministers last July 15, according to which Turkey must
not use violence or threaten to use violence and to refer
differences with Greece to the International Court at The Hague,
as well as improve its internal human rights situation.
Along those lines, the Dutch Commissioner informed Mr.
Kranidiotis that Mr. Oymen pledged that at the forthcoming
Association Council meeting, Turkish Foreign Minister Tansu
Ciller will present a package of legislative and administrative
measures to the EU for the improvement of human rights in
Turkey.
[09] Cyprus, Turkey's role in region discussed by Albright, Kinkel
Bonn, 18/02/1997 (ANA - P. Stangos)
Speaking at a joint press conference in Bonn with German Foreign
Minister Klaus Kinkel yesterday, newly sworn-in US Secretary of
State Madeleine Albright said "the Cyprus issue was discussed
and we agreed to the need of an overall solution."
Ms Albright also said she did not consider it appropriate to go
into details on the issue.
Talks between Ms Albright and Mr. Kinkel focused, among other
subjects, on the Cyprus issue, tensions in the southeastern
Mediterranean and the role played by Turkey.
On his part, Mr. Kinkel said that in relation to Turkey "there
was an identity of views on the paramount importance of the
country in the region, in the context of NATO's security as
well."
[10] Athens willing to discuss deployment of multinational
peacekeeping force on Cyprus
Athens, 18/02/1997 (ANA)
The Greek government is in favor of the demilitarization of
Cyprus and within this framework could listen to proposals such
as the possibility of stationing a multinational peacekeeping
force on the divided island, government spokesman Dimitris
Reppas said yesterday.
Asked to comment on statements at the weekend by National
Defense Minister Akis Tsohatzopoulos concerning Greece's
inalienable right to extend its territorial waters from six to
12 miles, Mr. Reppas said that "this is the steadfast position
of the Greek government".
[11] Athens reiterates that Ankara has no say in Cyprus' EU accession
Athens, 18/02/1997 (ANA)
Greece reiterated yesterday that Cyprus' accession to the
European Union did not depend on Turkey's will nor was it
subject to a settlement of its political problem.
"We have repeatedly underlined that Cyprus' accession to the EU,
as this stems from the Cyprus-EU agreement on March 6, does not
depend on Turkey's will nor is it subject to a settlement of the
Cyprus issue," Foreign Ministry spokesman Constantine Bikas said
in an answer to earlier statements by his Turkish counterpart
Omer Akbel.
According to an ANA dispatch from Istanbul, Mr. Akbel said that
Cyprus can become an EU member only after a settlement has been
found and when Turkey also joins the Union.
"Turkey has an obligation, stemming from international law, to
put an end to its occupation of the island and react positively
to proposals by the Cyprus government. But this obligation
certainly does not give Turkey the right to impose its
conditions o n the EU and on Cyprus," Mr. Bikas added.
"We again call on Turkey to respect international law and take
all actions that contribute to stability, security and
development in the eastern Mediterranean," he concluded.
[12] Evert responds to criticism over his stance during Imia crisis
Athens, 18/02/1997 (ANA)
Main opposition New Democracy party president Miltiades Evert
replied to criticism in a published newspaper interview
yesterday concerning his reactions to the Imia crisis in January
1996.
"When history judges these moments after 30 or 40 years no-one
will remember if the main opposition party raised or lowered the
tones," he said, adding: "History will say that in 1996, the
Greek flag was taken down from a Greek islet, Greek territory
was occupied and when the Turkish troops withdrew, the claiming
of Greek land began with the doubting (of the sovereignty) of
100 islands and islets. This will remain in history."
In an interview in the Athens daily "Ta Nea", Mr. Evert accused
Prime Minister Costas Simitis of not informing parties on the
course of national issues, describing the government as "a loose
confederation of ministers."
He added that conflicting statements made by government members
provide Turkey with the opportunity to take advantage of "the
liquidity existing in Greek political life."
The ND leader called on Mr. Simitis to accept his proposal of
the establishment of a unified national line and to call a
meeting of political leaders, saying he is ready to undertake
the political cost of any joint decisions taken.
Speaking on a possible US initiative, Mr. Evert said all
initiatives which aim for the peaceful resolution of differences
are welcome, but added that he can not judge the US initiative
before its contents are revealed.
He also claimed that Turkey's long-term goal is to overturn the
existing status quo, and warned that due to Ankara's internal
problems, there is a possibility that during 1997, tensions may
increase in its relations with Greece, possibly causing some
incident.
Furthermore, Mr. Evert accused the government of handling the
Skopje issue incorrectly. He expressed a belief that it is
"great negotiating mistake" for Greece to reveal that it is
ready to accept the name of "New Makedonia", saying this weakens
Athens' position.
[13] Political developments on the agenda for PASOK's central
committee
Athens, 18/02/1997 (ANA)
Political developments will be discussed on the first day of
PASOK's two-day central committee session due to start on Friday.
It had initially been planned to start the session with the
farmers' issue which, according to a decision taken by the
executive bureau yesterday, will be discussed on Saturday.
Central Committee Secretary Costas Skandalidis said after
yesterday's executive bureau meeting that Prime Minister and
PASOK President Costas Simitis will make a general speech on
current developments and the course of the government and PASOK,
while he himself will present a proposal on organizing the
executive bureau.
Mr. Skandalidis said that yesterday's meeting focused primarily
on the proposal on agricultural policy, while the issue of the
teachers' strike was also examined.
[14] Simitis meets with Skandalidis
Athens, 18/02/1997 (ANA)
Prime Minister Costas Simitis and ruling PASOK secretary Costas
Skandalidis held a meeting yesterday focusing on the course of
the party's restructuring, preparations of the party's
forthcoming central committee synod and current political issues.
The two men also held a meeting later with PASOK executive
bureau member and Parliament deputy Yiannis Souladakis. Mr.
Souladakis is also president of the Institute of Strategic and
Developmental Studies (ISTAME).
The meeting with Mr. Souladakis centered on the institute's
initiatives in the next months.
[15] Museums remain closed due to strike
Athens, 18/02/1997 (ANA)
Major museums in Athens and Thessaloniki continue to remain
closed due to a strike by culture ministry employees and
antiquity sites' guards.
Representatives of the Federation of Culture Ministry Unions
were informed yesterday that an extrajudicial summons was
expected to be delivered to its offices later in the day,
declaring the strike illegal and abusive.
[16] Teachers vow to continue strikes
Athens, 18/02/1997 (ANA)
Teachers' representatives have vowed to continue their strike
until their demands are met, while at the same time the
government reiterated that there is no more room for providing
any more pay increases.
Government spokesman Dimitris Reppas said yesterday that "all
limits for providing further increases to teachers have been
exhausted," and noted that the government believes the increases
already provided "are satisfactory".
He expressed the hope that teachers will begin procedures to
defuse the situation by tomorrow and added that all other issues
apart from the increases can be dealt with through dialogue.
Questioned on whether there is a possibility that teachers will
be paid for the days on which they were on strike, Mr. Reppas
said everything could be discussed, but "on the basis of present
conditions."
He added that teachers will not be forced to return to work, and
that there is no issue of Education Minister Gerassimos Arsenis
resigning, noting that other ministers who participated in a
cabinet meeting on Friday agreed with the minister's policies.
Primary and kindergarten teachers held a rally outside the
education ministry at noon yesterday calling for salary
increases. A march was held an hour later towards Parliament and
the General Accounting Office, where representatives asked to
meet with Finance Under-secretary Nikos Christodoulakis, to whom
they delivered their demands.
Meanwhile, the president of the union of high school teachers
(OLME), Nikos Tsoulias, has renewed an appeal to Mr. Arsenis for
dialogue as the "only solution" to end the teachers' strike.
In a press conference in Thessaloniki yesterday, Mr. Tsoulias
said that while teachers were determined to continue their
struggle, they were willing to go back to work tomorrow if their
appeal for dialogue was accepted.
He contended that the government was incapable of taking a
political approach to the crisis in the education system,
preferring administrative solutions limited to creating "an
impression".
On Wednesday striking teachers will hold a protest rally in
Athens and a march to Parliament, and on Friday they are
scheduled to release a manifesto entitled "school for culture
and education".
In a related development, high school teachers from Macedonia
and Thrace rallied yesterday afternoon in Thessaloniki near the
White Tower, followed by a march to the Macedonia and Thrace
ministry.
Meanwhile, Mr. Arsenis has canceled a trip to Thessaloniki where
he was to attend a meeting of the Aristotelian University
faculty senate to discuss secondary education reforms.
A heavy workload and Mr. Arsenis' attendance at yesterday's
scheduled meeting of PASOK's executive bureau were cited as the
reasons for his cancellation.
[17] Gov't says amendment on pension fund deposits won't be withdrawn
Athens, 18/02/1997 (ANA)
Government spokesman Dimitris Reppas yesterday stressed that the
tabling of an amendment requiring social security pension funds'
to deposit assets in the Bank of Greece did not presage any
change in the government's policy and would not be withdrawn. He
noted that Sunday's joint announcement by the labor and finance
ministers effectively ended the issue.
The leaders of the Coalition, Democratic Social Movement and
Political Spring parties yesterday called on government to
withdraw the amendment.
On his part, Labor and Social Security Minister Miltiades
Papaioa-nnou yesterday attempted damage control on union
reactions to the development.
Meeting with the General Confederation of Workers of Greece
(GSEE), Mr. Papaioannou admitted there was a procedural problem
with the amendment tabled over the weekend but that he did not
have serious opposition to its content.
He clarified that the amendment related to liquid assets and not
to reserve capital and that their deposit at the Bank of Greece
would have no negative repercussions as the funds would in any
case be deposited in commercial banks which would use them in
bonds and other investments.
Sources said, however, that he would confer with National
Economy and Finance Minister Yiannos Papantoniou on improving
the terms of the amendment.
Meanwhile, sources at the labor ministry said the major problem
with the amendment was the compulsory nature of the amendment,
which restricts the autonomy of the pension funds themselves.
Athens, 18/02/1997 (ANA)
The administrative board of the Athens Union of Journalists
(ESHEA) met yesterday with Prime Minister Costas Simitis and
discussed problems concerning the press and media outlets and
those working in the sector.
Following an agreement with the two insurance funds for press
employees (TSPEATh and EDOEAP), ESHEA submitted a request to the
prime minister to withdraw an amendment tabled by the national
economy minister under which autonomy and self-administration o
f the insurance funds is essentially abolished.
[19] Tourism delegation leaves for Moscow tourist exhibition
Athens, 18/02/1997 (ANA)
A tourism delegation has left for Moscow to participate in a
major tourist exhibition being organized in the Russian capital
from Feb. 18-22.
Kavala Mayor Lefteris Athanasiadis said "the target of Kavala's
presence in this international tourist exhibition is arrival of
a large number of Russian tourists in Kavala and Thasos this
summer".
He added that the Municipal Tourist Development Enterprise of
Kavala (DETAK) has already decided to participate in Europe and
former communist countries.
[20] Working hours draft agreement unveiled
Athens, 18/02/1997 (ANA)
Commercial organizations yesterday delivered a draft agreement
on department store working hours to Labor and Social Insurance
Minister Miltiades Papaioannou.
The agreement anticipates a non-regulated opening time, while
closing time will be at 8 p.m. in the winter and 9 p.m. in the
summer. Sundays will be a day off except for purely
tourist-related enterprises operating in tourist regions.
Commercial organizations (ESEE) President Dimitris Kapsalis said
99 per cent of the commercial sector is represented, adding that
it expects the government to initiate the agreement.
General Confederation of Workers of Greece (GSEE) President
Christos Polyzogopoulos, who attended the meeting, also
expressed agreement.
As a result of yesterday's developments, Mr. Papaioannou is
expected to refer the timetable issue to the Supreme Labor
Council (ASE) immediately and, after it expresses its opinion,
he will proceed with initiation with a ministerial decision.
[21] Shopowners strike
Athens, 18/02/1997 (ANA)
Most shops in Athens and Thessaloniki remained closed yesterday,
while handicraftsmen organized protests on what they said was
"the tragic state of their sector" due to a decrease in
turnover, bankruptcies and an increase in bounced checks.
[22] Northern Greek companies ready for bourse, study says
Athens, 18/02/1997 (ANA)
Forty-two companies based in northern Greece have been included
in the list drawn up by the Thessaloniki Stock Exchange Center
containing those undertakings which have the possibility of
being admitted to the Athens Stock Exchange.
The center in Thessaloniki is conducting a study of companies
based in the region, having as its criteria each company's
equity capital, financial results and course over the last few
years.
The ongoing study has already considered 100 companies which at
first glance satisfy requirements for admission to the Athens
Bourse. Of these 42 were judged to fulfill prerequisites to a
greater extent.
The president of the Thessaloniki center, George Petridis,
stressed that the study was aimed at facilitating the companies
and underwriters and in no way implied approval of some sort for
their actual admission "since the procedures for admission are
clearly stipulated by the law and must be strictly adhered to".
[23] ADEDY announces one-day strike
Athens, 18/02/1997 (ANA)
The Civil Servants Supreme Administrative Council (ADEDY)
yesterday called a 24-hour strike to coincide with the first day
of Parliament discussion on a new salary scale promoted by the
government.
ADEDY said in an announcement yesterday that the new salary
scale is completely different from proposals made by ADEDY, both
as regards financial and institutional aspects.
The announcement criticized the elimination of "the falsely
described productivity bonus, which constitutes a large part of
regular income" and the "ban on the payment of family allowance
to both spouses".
[24] Papantoniou predicts single-digit interest rates this year
Athens, 18/02/1997 (ANA)
An inflation rate of 5.0 percent plus single-digit interest
rates were predicted by National Economy and Finance Minister
Yannos Papantoniou in an interview in yesterday's Ethnos
newspaper.
The minister also promised there would be no fuel price
increases, while price rises for public facilities would be
minimal, that is, below the expected inflation rate, and would
not be made before summer or early autumn.
Mr. Papantoniou denied reports of an increase in the retirement
age and reductions in pensions.
"... Reforms will be limited. Injustices and inequalities will
be rectified, the funds' operation will be rationalized, along
with the relationship between them," he explained.
However, he declined to comment, when asked, on possible
increases in social security contributions.
While 1997 would be the "most difficult" year, he expressed the
belief that the situation would ease slightly in 1998.
[25] EBEA economic report notes bright spots in economy
Athens, 18/02/1997 (ANA)
The government's economic policy is headed in the right
direction and a firm improvement has been achieved in important
indicators of the national economy, according to the president
of the Athens Chamber of Commerce and Industry (EBEA) George
Papathanasiou.
Presenting EBEA's six-month report on the Greek economy
yesterday, Mr. Papathanasiou said, however, that growth rates
have not increased enough to enable the country to participate
immediately in the third phase of the Economic and Monetary
Union (EMU).
Mr. Papathanasiou said that in no way should the government bow
to pressure by various social groups for more benefits if it
wants the country's economic conditions to improve.
According to the report, the unemployment rate in Greece also
shows a better performance than the European Union average.
The report further stated that the Greek economy's greatest
weakness lies in containing public expenditures, restructuring
public enterprises, modernizing public administration and the
welfare state, privatization as well as delays in investments
through the Delors II programs.
[26] Industrialists call for free hand for mass dismissals
Athens, 18/02/1997 (ANA)
Federation of Greek Industries (SEB) President Jason Stratos
yesterday requested the abolition of the limit set for the
number of workers who can be laid off in mass dismissals, during
a meeting with Labor Minister Miltiades Papaioannou.
The current limit for large companies is 2.0 per cent of the
workforce, while the corresponding limit for small undertakings
is 10 per cent.
Mr. Stratos said that industrialists would be raising the issue
within the framework of social dialogue.
The request brought an immediate response from General
Confederation of Workers of Greece (GSEE) president Christos
Polyzogopoulos.
"The trade unions will never accept the abolition or raising of
the limit set for mass dismissals. On the contrary, they want
the protection afforded by the 2.0 percent limit to be extended
to smaller companies also," he said.
Mr. Stratos and Mr. Papaioannou also discussed the rate of
absorption of European Union funds and the organization of
social dialogue.
[27] EU assistance for SMEs announced
Athens, 18/02/1997 (ANA)
Small and medium-size enterprises (SMEs) in Greece will receive
100 billion drachmas of economic assistance from European Union
funds up until the end of 1999, National Economy Under-secretary
Christos Pachtas announced yesterday.
He added that the intermediaries which will administer the funds
had already been selected for the seven biggest geographical
departments of the country.
Within the framework of the Regional Operational Program (PEP),
SMEs operating for at least three years will have the right to
submit proposals. In the case of Athens and Thessaloniki, they
must employ between 5-30 persons and have recorded a turnover of
at least 120 million drachmas in one of the last three years.
In other regions of the country, the corresponding limits are
3-30 employees and 70 million drachmas.
Enterprises will receive grants equal to 50 per cent of the
investment cost for projects costing 5-60 million drachmas.
Investments costing over 60 million drachmas will be accepted
but the maximum grant will not exceed 30 million drachmas.
[28] FAGE bond issue
Athens, 18/02/1997 (ANA)
Citibank has mediated the successful issuance of a US$120
million (31.5 billion drachmas) bonds loan for the giant
Greece-based dairy products producer FAGE, according to a bank
announcement. The loan will have a 10-year duration without an
intermediate pay off and a stable interest rate of 9 per cent.
The bond issue in the US market is the first carried out by a
wholly Greece-based company and is the result of a collective
effort by FAGE, Citibank Greece and its international network.
[29] Four people face trial over Motor Oil pollution
Athens, 18/02/1997 (ANA)
Four people were charged with causing extensive sea pollution as
a result of an oil spill at the Motor Oil installations in
Corinth last August.
The 300-ton crude oil spill occurred after poor weather caused a
breaking in an off-shore transport pipe during off-loading of
the tanker "Kriti Sea".
The ship's captain and first officer, Iosif Rousopoulos and
Vangelis Domatas, respectively, the general director of Motor
Oil, Costas Vasilakis, and Motor Oil official Yiannis
Thalassinos, are to appear in court following a ruling issued by
the Corinth Misdemeanors Court yesterday.
The same ruling said there are no indications that Motor Oil's
president, Vardis Vardinoyiannis, should also be tried for
causing pollution through negligence, as according to law,
owners are not liable to criminal prosecution if they have
appointed a technical director for the company.
According to the ruling, the pollution was caused by a pipe's
rupture after the tanker moved eight meters from its original
position as its mooring ropes were loosened.
The four men have been charged with causing pollution through
negligence, following lawsuits filed by the prefects of Piraeus
and Western Attica, as well as community leaders in the area.
End of English language section.
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