Athens News Agency: Daily News Bulletin in English, 98-01-09
From: The Greek Press & Information Office, Ottawa Canada <[email protected]>
ATHENS NEWS AGENCY BULLETIN (No 1385), January 9, 1998
Greek Press & Information Office
Ottawa, Canada
E-Mail Address: [email protected]
CONTENTS
[01] Greece: Turkish disputes of Aegean sovereignty 'inadmissible
[02] ... Massive violations
[03] ... US request for Turkey to curtail exercises
[04] ... Opposition
[05] Blair on Cyprus' accession course
[06] Simitis confers with ambassador on Greek-Russian relations
[07] Turkey balks at proposed measures to combat illegal immigration
[08] 13 illegal immigrants arrested
[09] Political solution needed for Kurdish migrants problem
[10] ... KKE
[11] Papadopoulos visit to China
[12] V. Papandreou to officially visit Austria
[13] Clerides says Paphos air base ready
[14] Simitis-Skandalidis meeting
[15] Teachers' groups warn of mobilizations over educational reform
[16] 'Women's rule for a day' celebrated in E. Macedonia, Thrace
[17] SAE promotional campaign in US for 2004 Olympics
[18] Pangalos: Athens should propose EU accession talks for early
April
[19] New metro route around Kerameikos
[20] Papantoniou reaffirms Gov't commitment to 'hard drachma'
[21] ... National Bank's Karatzas
[22] Greek stocks in the doldrums over money turmoil, rising rates
[23] Drachma movements in 1997
[24] New reforms ahead for ports
[25] Workers strike over privatization of Greece's Mac/Thrace Bank
[26] Athenians to pay less for household gas
[27] Bourse negotiations with Dane extended
[28] Work on new Greek-Bulgarian border crossing
[01] Greece: Turkish disputes of Aegean sovereignty 'inadmissible
Athens, 09/01/1998 (ANA)
Turkey's questioning of Greece's sovereign rights is
"inadmissible and unacceptable", government spo-kesman Demetris
Reppas reiterated yesterday, amid growing reactions in Athens to
repeated Turkish violations of Greek airspace.
The government spokesman was referring to recent statements by
Turkish officials on the development plans for several Aegean
islets by the Aegean ministry.
Measures announced on Wednesday by Aegean Minister Elisabeth
Papazoi included steps to confront natural disasters and
research into environmental dangers, using resources from the
European Union's 2000-2006 structural funds.
"These are European programs aimed at the environmental
protection and development, on which agreement had been reached
between the Aegean and foreign affairs ministries," he added.
In response to the multiple violations of Greek airspace and
infringements of the Athens FIR by Turkish warplanes over the
past few days, Mr. Reppas said "these flights were not within
the framework of (scheduled Turkish) military exercises.
"Infringements (of Athens FIR) and violations (of Greek air
space) took place from Thrace to Rhodes," he said, adding: "In
this way, Turkey is neither furthering its own goals against
Greece, nor is it helping its own cause within Europe. At the
same time it is showing it does not want to normalize its
relations with Greece," Mr. Reppas said.
Finally, he attributed the latest incidents to an attempt by
Ankara to deflect attention from its domestic problems instead
of trying to solve them.
Athens immediately lodged a demarche to Ankara for yesterday's
violations of Greek national airspace and infringement of the
Athens FIR.
Foreign Under-secretary Yiannos Kranidiotis said that Greece
will also report the Turkish provocations to the International
Civil Aviation Organization (ICAO), the Western European Union
(WEU), the European Union and NATO.
[02] ... Massive violations
Athens, 09/01/1998 (ANA)
According to defense ministry reports, Turkish warplanes
infringed on Athens Flight Information Region (FIR) regulations
more than 30 times by noon yesterday.
A total of 28 Turkish F-16s and 12 F-4 warplanes entered the
Athens FIR without previously submitting flight plans. The
violations of Greek airspace took place between the islands of
Samothrace and Rhodes.
Thirty-eight Hellenic Air Force Mirage 2000, F-16, F-4 and F-1
fighters intercepted the Turkish violators. On several occasions
the process of recognition and interception developed into an
engagement.
Turkish fighter planes had repeatedly violated Greek airspace in
the same region on Jan. 6, the Epiphany religious holiday.
In a related development, when asked on the likelihood of a
meeting of the bilateral experts' committee set up to examine
Greek-Turkish differences, Mr. Reppas said the experts had not
met due to a refusal by Turkey.
"This issue will be discussed by the (European Union) Ministers'
Council, since it should develop as a European initiative," he
said.
[03] ... US request for Turkey to curtail exercises
Washington, 09/01/1998 (ANA - T. Ellis)
The US administration had asked Turkey to cancel part of its
aeronautical exercises in the Aegean earlier this week,
including planned overflights of the Greek islets of Kalogiroi,
a request that was heeded, Assistant Secretary of State Mark
Grossman said yesterday.
In a televised interview with the private Greek station
'Antenna', Washington's former envoy to Ankara also stressed
that the US position was that the best way to solve the Imia
islets dispute, which spark off a serious Greek-Turkish
stand-off in late January 1996, was referral to the
International Court of Justice at The Hague.
Referring to recent decisions regarding Turkey, reached by
European leaders at last month's Luxembourg summit, including
the three conditions set for improvement of EU-Turkish
relations, Mr. Grossman revealed that Washington had advised
Turkey to look at the positive aspects of the decisions, as well
as to work on a long-term prospect basis, which requires dealing
with the problems of relations with Greece, Cyprus and the human
rights situation in Turkey.
Mr. Grossman said that the US administration will work very
closely with any Greek government.
[04] ... Opposition
Athens, 09/01/1998 (ANA)
On its part, main opposition New Democracy spokesman Aris
Spiliotopoulos said "Turkish audacity and provocativeness" have
gone beyond all bounds and that "it is clear that interceptions,
successfully conducted by Greek warplanes, are not enough."
Coalition of the Left and Progress (Synaspismos) leader Nikos
Constantopoulos said that Turkish provocativeness will increase
as the date of EU-Cyprus accession talks approaches.
The Democratic Social Movement (DHKKI) in a press release said
that Turkish violations are "the expected" outcome of the
government's "constant compliance, which was sealed with the
Madrid communiqui."
[05] Blair on Cyprus' accession course
London, 09/01/1998 (ANA-L.Tsirigotakis)
British Prime Minister Tony Blair underlined that the
non-participation of the Turkish Cypriot community in upcoming
negotiations will not affect Cyprus' accession process toward
the European Union.
"The non-participation of the Turkish Cypriots in the
negotiations will not affect the timetable recently decided in
Luxembourg on the course of Cyprus' accession process to the
European Union," Mr. Blair told a joint press conference with EU
Commission President Jacques Santer, on the occasion of the
assumption of the EU presidency by Britain.
Replying to a question on how the EU reacts to Turkish threats
to annex the Turkish-occupied part of Cyprus if the accession
process proceeds, Mr. Blair said:
"Our position is clear and it is that which was set out at the
recent conference in Luxembourg. The processes for Cyprus'
accession will start and this is also clear, it has been
scheduled.
"This position was confirmed in Luxembourg and will be
implemented. Naturally, we have stated that we would like
Turkish Cypriots to be included in the delegations of Cyprus
which will undertake these negotiations, believing that
prospects will be far better if there is a settlement to the
problem and our efforts are directed at finding a viable
solution. However, I repeat that in holding the Presidency we
will implement the timetable and the decisions which we took in
Luxembourg concerning the accession of Cyprus."
Speaking about the targets of the British EU Presidency at the
beginning of the press conference, Mr. Blair promised that the
British presidency will be the presidency of the people in the
sense that it will give priority and emphasis to problems
concerning the ordinary European citizen such as employment,
crime and the environment.
Mr. Blair included Turkey and the situation with the Kurds among
the serious foreign problems which the British Presidency has to
face. The Kurdish issue was referred to the EU's General Affairs
Committee with which the foreign ministers will preoccupy
themselves, while Mr. Blair and President Santer handled the
issue of Turkey diplomatically, saying that the EU's intention
is to help Turkey to come closer to Europe.
However, Mr. Santer reminded that Turkey must fulfill the
criteria and preconditions requested from the other candidate
countries to become a member of the EU.
"Turkey will have equal treatment with the other countries
wishing to join the EU," Mr. Santer stressed.
[06] Simitis confers with ambassador on Greek-Russian relations
Athens, 09/01/1998 (ANA)
Prime Minister Costas Simitis yesterday met with new Russian
ambassador to Greece, Valentina Matvienko, to discuss the course
of bilateral relations in the political and economic sectors,
ahead of Russian Foreign Minister Yevgeny Primakov's visit to
Athens on February 16-17.
Ms Matvienko said that Greek-Russian relations were developing
well in all sectors and that her conversation with Mr. Simitis
was "constructive and very positive".
Asked about tension in the Aegean, she told reporters that
Russia always favored the resolution of problems with dialogue
which will contribute to the normalization of the situation in
the southeastern Mediterranean.
[07] Turkey balks at proposed measures to combat illegal immigration
Rome, 09/01/1998 (ANA - L. Hatzikyriakos)
Turkey yesterday refused to sign a communiqui on proposed
measures to stem the wave of illegal immigration through its
soil toward Europe.
The communiqui was issued after a meeting of the police chiefs
of Italy, Germany, France, the Netherlands, Belgium, Austria,
Greece and Turkey.
According to sources, Turkish police chief Mr. Bilikan disagreed
with several points in the communiqui, particularly the one
calling on the signatories to promote and implement bilateral
agreements regarding the re-entry of illegal immigrants back to
their country of origin.
Greek police chief, Gen. Athanasios Vassilopoulos, stressed that
Greece has been calling on Turkey to sign an agreement for the
repatriation of illegal immigrants emanating from Turkey, but
has so far met with refusal.
Other points of the communiqui mention that the chiefs agreed to
intensify security measures at the external borders, boost
checks in border areas, and engage in a systematic exchange of
information on illegal immigration. Also, to carry out joint
probes into organizations engaged in illegal immigration and in
the property of individuals suspect of participation in such
organizations, as well as collection, filing and exchange of
fingerprints of persons illegally entering a country.
The Turkish delegation reserved judgment on the communiqui and
said it would express its opinion after examining it.
Gen. Vassilopoulos said he was not particularly pleased with the
results of the meeting, as it did not focus on a political
examination of the problem, it did not provide a solution to the
root of the problem, which is that illegal immigrants originate
in Turkey, but if the measures mentioned in the communiqui were
applied, it would be a step forward.
He also stressed that Greece was now vindicated, as when Athens
raised the same issue at various international fora two years
ago, no other country paid the attention required.
[08] 13 illegal immigrants arrested
Athens, 09/01/1998 (ANA)
Thirteen Iraqi Kurds were found by a military patrol on the
island of Hios yesterday morning after they were put ashore
during the night by a Turkish fishing boat.
The boat had been observed fishing near the island the previous
evening. At some point the boat neared the coast and the Kurds -
eight men, one woman and four children - were put ashore. The
crew then resumed fishing off the island.
Hios Prefect George Kaloudas has expressed fears of a fresh wave
of illegal immigrants to the eastern Aegean islands as, although
thousands of people are reportedly waiting on the Turkish coast
for transport to Greek territory, the merchant marine minis try
has not provided the Hios coast guard with extra manpower.
[09] Political solution needed for Kurdish migrants problem
Athens, 09/01/1998 (ANA)
Foreign Under-secretary Yiannos Kranidiotis yesterday called for
a political solution to the problem of the mass influx to Europe
of Kurds from Turkey and northern Iraq, saying that at the next
European Union meeting on the Schengen accord, Greece will press
for a solution based on political means, peaceful procedures and
dialogue.
"If there is no political solution, this will continue to be an
'open wound' of serious humanitarian dimensions," he said,
speaking at a meeting of the parliamentary committee on
ratifying EU trade agreements with Armenia and Georgia. "The
problem of Kurdish illegal immigrants is a political one and it
cannot be solved overnight simply by giving orders to police,"
he added.
Greece is participating in a seven-nation meeting of European
states that began in Rome yesterday to search for ways to deal
with the problem.
Athens, 09/01/1998 (ANA)
The Communist Party of Greece (KKE) yesterday expressed
solidarity to the people of Kurdistan, who the party says are
suffering from the policy of Turkish governments.
An announcement by KKE said wider support for the struggle of
the Kurdish people is necessary so that the Kurdish issue will
be resolved on the basis of full restoration of their civil and
democratic rights. The government, it added, must take all
necessary measures to facilitate the residence and free movement
of the Kurdish refugees.
Referring to the same issue, Coalition of the Left and Progress
(Synaspismos) leader Nikos Constantopoulos proposed an
international conference on the Kurdish issue through an
initiative by Greece. He was speaking after visiting the Kurds'
refugee camp in Penteli.
[11] Papadopoulos visit to China
Athens, 09/01/1998 (ANA)
Interior Minister Alekos Papadopoulos leaves for the People's
Republic of China tomorrow on an official visit focusing on
efforts to upgrade bilateral relations.
Mr. Papadopoulos will meet, among others, Chinese Prime Minister
Li Peng, and the mayors of Beijing, Zia King-Lin, and of
Shanghai, Hu Kuang-Di. He is to sign a memorandum of
understanding on co-operation in the fields of public
administration and personnel management between the two
countries with Personnel Minister Zug Defu.
[12] V. Papandreou to officially visit Austria
Vienna, 09/01/1998 (ANA - D. Dimitrakoudis)
Development Minister Vasso Papandreou will pay a two-day visit
here on Monday and Tuesday.
She is scheduled to hold talks with Austrian National Economy
Minister Johannes Farnlaitner, the president of the Federal
Economic Chamber, Leopold Mandertaner, and a series of meetings
with representatives of major companies as well as the
Federation of Austrian Industrialists.
Talks will focus on such issues as Austria's priorities for when
it assumes the European Union's presidency in the second half of
1998, its domestic market, deregulation of the electric power
market and interest shown by the Austrian side for the
undertaking of major public works projects in Greece.
A review will also be made of bilateral economic relations as
well as an examination of prospects for closer bilateral
co-operation in various sectors.
In the first nine months of 1997, Greece's exports to Austria
totaled 1.337 billion Austrian shillings, a decrease of 9.7 per
cent compared to the corresponding period in 1996. Imports,
however, from Austria reached 2.287 billion shillings, an
increase of 6.2 per cent as against the corresponding nine-month
period in 1996.
[13] Clerides says Paphos air base ready
Nicosia, 09/01/1998 (ANA)
The Paphos air base is ready and will be fully operational on
Jan. 24, Cypriot President Glafcos Clerides said on state
television yesterday.
The military air base will be used by aircraft of the Hellenic
Air Force in the context of the joint defense doctrine agreed to
between Cyprus and Greece. "The issue of the defense of Cyprus
is directly linked to negotiation process for a solution of the
Cyprus problem," the Cypriot president said. Mr. Clerides also
referred to the prospective purchase of the Russian-made S-300
anti-aircraft missiles.
[14] Simitis-Skandalidis meeting
Athens, 09/01/1998 (ANA)
Prime Minister and PASOK president Costas Simitis yesterday met
with PASOK Secretary Costas Skandalidis, discussing several
issues.
The meeting is in the framework of an effort by Mr. Simitis to
meet with all the high-ranking PASOK cadres. Mr. Simitis has
already met with PASOK Euro-MP Paraskevas Avgerinos last Friday
and with National Defense Minister Akis Tsohatzopoulos on
Wednesday.
[15] Teachers' groups warn of mobilizations over educational reform
Athens, 09/01/1998 (ANA)
Teachers warned the government of new mobilizations yesterday,
demanding that proposed educational reform measures not be
implemented.
Teachers and college professors also demanded that a proposed
body of supervisors should not be applied.
Education Minister Gerassimos Arsenis announced last August that
teachers will be assessed in their work and if it is proved that
they are not properly doing their job they will be dismissed
from their post and transferred to another public service.
He had also announced that a two-year probational service for
all newly appointed teachers will be established.
Mr. Arsenis is expected to release a presidential decree on
assessing teachers' federations in the next few days, while
teachers and professors have decided to call a rally at the end
of the month.
[16] 'Women's rule for a day' celebrated in E. Macedonia, Thrace
Athens, 09/01/1998 (ANA)
Men in the village of Sapes, Rodopi prefecture stayed home to do
the housework yesterday as their wives took to the streets for
the annual "Rule of Women" festival, celebrated in several
villages throughout eastern Macedonia and Thrace.
Crowds of women wearing masks and costumes circulated through
Sapes playing musical instruments, visiting homes, town squares
and shops. Their first call was at the local medical center to
visit a midwife, known locally as "Babo", who was duly honored
for her role in helping new life emerge.
Celebrations culminated in an all-night party.
The custom, brought to Sapes earlier this century by refugees
from eastern Thrace, celebrates fertility and the role of women
in society.
[17] SAE promotional campaign in US for 2004 Olympics
Athens, 09/01/1998 (ANA)
The World Council for Hellenes Abroad (SAE) for the regions of
North and South America will begin an information and
promotional campaign for the 2004 Olympics in the United States,
according to a statement by SAE regional president Christos
Tomaras.
"This move by SAE in the US will include activities whose main
purpose will be to publicize the 2004 Olympiad, in order to
forge all over the world the true image of the Olympic Games and
Greece," Mr. Tomaras said.
SAE will prepare printed material in English and Spanish
presenting the history, tradition and spirit of the Olympic
Games in Greece for distribution to the press, schools,
universities and sports organizations.
[18] Pangalos: Athens should propose EU accession talks for early
April
Athens, 09/01/1998 (ANA)
Foreign Minister Theodoros Pangalos yesterday said that Greece
should propose that European Union accession talks with
candidate countries begin in the first week of April.
His statement came after his meeting at the foreign ministry
with National Economy Minister Yiannos Papantoniou, Agriculture
Minister Stephanos Tzoumakas, National Economy Under-secretary
Christos Pachtas and special aide to the prime minister Nikos
Themelis.
Mr. Pangalos also said that Greece must also propose that issues
concerning the European Conference be discussed, as well as
Turkey's EU membership possibilities in the body.
[19] New metro route around Kerameikos
Athens, 09/01/1998 (ANA)
The public works ministry and the Attiko Metro firm yesterday
decided to alter the third route of the under construction metro
so as to protect the Kerameikos archaeological site.
This change will cost an additional 17 billion drachmas and new
geological studies will be needed.
According to press reports, the third line will start at
Syntagma Square, run along Ermou Street, pass under the
Votanikos area before following Iera Odos. A new tendering is
expected as the previous one is invalid.
[20] Papantoniou reaffirms Gov't commitment to 'hard drachma'
Athens, 09/01/1998 (ANA)
National Economy and Finance Minister Yiannos Papantoniou
yesterday reaffirmed the government's commitment to a "hard
drachma" policy, amid renewed pressure on the Greek currency.
"A stable drachma is the cornerstone of our economic policy,"
Mr. Papantoniou said. "The government is determined, as it has
shown in the past, to take and to continue to take all the
necessary measures to support it".
He made it clear that he would not hesitate to increase interest
rates to support the exchange parity of the Greek currency.
In earlier statements, Mr. Papantoniou had expressed optimism
over the future of the Greek drachma.
"The drachma is doing well. The situation is under control but,
if necessary, the government will intervene," he said.
The Bank of Greece intervened heavily in the domestic interbank
market yesterday to defend the drachma, reducing liquidity and
controlling a recent trend of capital outflows.
The central bank managed to reduce outflows significantly but
interbank interest rates moved higher.
Banking sources reported outflows totaling US$55 million at
yesterday's drachma fixing.
The Greek currency rebounded by 0.15 per cent against the ECU
and the deutschmark, recovering 0.10 per cent against the US
dollar.
In the domestic interbank market, a move by the Bank of Greece
to raise its discount rate to 23 per cent from 19 per cent
pushed rates higher.
Earlier, government spokesman Demetris Reppas stressed that
there was no cause for concern over the latest round of
turbulence in the domestic money market.
Mr. Reppas reiterated that the government would stick to its
fiscal and monetary policies and urged all parties involved to
contribute to defending the national currency by ensuring
stability.
[21] ... National Bank's Karatzas
Athens, 09/01/1998 (ANA)
Meanwhile, National Bank of Greece Governor Theodoros Karatzas
appeared optimistic that pressures on the drachma would ease
soon.
"The economy's basic indicators are in their best shape ever,
which justifies optimism for the future," he said during a
luncheon hosted in Athens by the Foreign Press Association.
He stressed that the economy does have the strength and the
leeway to face the side-effects of the temporary 'defensive'
rise in interest rates, which from now on, would be adjusted
faster than in the past.
Regarding the value of the drachma, he said its overvaluation
amounted to no more than 2 to 4 per cent, which is not a
substantial impediment to the competitiveness of Greek exports.
Furthermore, Mr. Karatzas stressed that the assumption of market
shares in the financial markets of neighboring countries was an
important part of the bank's Balkan strategy.
"The bank has plans for an energetic presence in currency and
securities management in the Balkan countries, seeing that after
the introduction of the Euro, its comparative advantage inside
Greece and in the drachma market will wane," he said.
[22] Greek stocks in the doldrums over money turmoil, rising rates
Athens, 09/01/1998 (ANA)
Greek equities came under strong pressure to end substantially
lower on the Athens Stock Exchange yesterday.
Traders said the market was hit by renewed turbulence in the
domestic money market and rising interest rates.
The general index closed 2.39 percent lower at 1,487.08 points.
Sector indices lost ground. Banks fell 3.02 percent, Insurance
eased 2.16 percent, Investments dropped 1.55 percent,
Construction plunged 3.50 percent, Industrials were 1.52 percent
off, Miscellaneous ended 1.38 percent lower and Holding fell
2.11 percent. Leasing bucked the trend to end 0.18 percent
higher.
Trading was thin with turnover at 11.9 billion drachmas.
The parallel market index for small cap companies lost 2.12
percent. The FTSE/ASE index for selected blue chips ended 2.64
percent lower at 841.46 points.
Broadly, decliners led advancers by 179 to 33 with another 16
issues unchanged.
Pairis, Levenderis, Mouriadis and Alcar-Aemet scored the biggest
percentage gains, while Desmos, Balkan Export and Heliofin
suffered the heaviest losses.
National Bank of Greece ended at 24,100 drachmas, Ergobank at
14,550, Alpha Credit Bank at 16,050, Delta Dairy at 3,160, Titan
Cement at 13,250, Intracom at 13,850 and Hellenic
Telecommunications Organization at 5,805.
[23] Drachma movements in 1997
Athens, 09/01/1998 (ANA)
The drachma was slightly stronger against most European
currencies with the exception of the British pound, but its
parity against the US dollar was substantially lower in 1997.
The Greek currency moved within the targets set by the Bank of
Greece to show a 2.07 percent drop against the ECU, after falls
of 0.44 and 3.12 percent in 1996 and 1995 respectively.
The ECU/drachma annual average fixing rate was 308.4 drachmas,
up from 301.5 the previous year, a rise of 2.30 percent.
The DMark depreciated by 0.50 percent against the Greek
currency, the French franc was 0.62 percent higher but the pound
sterling shot up 13.72 percent reflecting a sharp rise in the
British currency in international markets.
The Swiss franc rose 5.14 percent against the drachma, while the
Italian lira fell 0.10 percent.
The US dollar increased 13.98 percent in 1997, while the
Japanese yen fell 0.23 percent in the same period.
[24] New reforms ahead for ports
Athens, 09/01/1998 (ANA)
Greece's two largest ports, Piraeus and Thessaloniki, will be
transformed into sociiti anonymes with the prospect of a future
flotation, Merchant Marine Minister Stavros Soumakis told
parliament yesterday.
Speaking during discussion of a new bill to reform the merchant
marine in the country, Mr. Soumakis stressed that the government
did not intend to proceed to a full-scale privatization of major
ports.
The Greek government has decided a characterization of ports in
national or local interest and their transfer under local
authorities control.
Mr. Soumakis said that the procedure would be completed by
February 28.
New Democracy party honorary president, Constantine Mitsotakis,
in his speech criticized the government's policy on the merchant
marine and urged the prime minister to take measures in order to
boost the Greek flag's competitiveness.
[25] Workers strike over privatization of Greece's Mac/Thrace Bank
Athens, 09/01/1998 (ANA)
Employees of Greece's Macedonia-Thrace Bank, which is destined
for a part-privatization, will hold a 48-hour strike starting on
Monday, union officials told a news conference yesterday.
Unions are asking the government to call off a decision to sell
27.5 percent of the Thessaloniki-based bank's stock.
The officials said sale of the shares, which belong to National
Investment Bank for Industrial Development and the Post Office
Savings fund, had not been preceded by a viability study.
The government had put the future of the bank in jeopardy,
arranging the sale in order to create an impression of activity
in its privatization plan, the officials claimed.
[26] Athenians to pay less for household gas
Athens, 09/01/1998 (ANA)
Athenians will pay 10-30 percent less for energy when they
switch to natural gas from liquified gas, Development Minister
Vasso Papandreou told a news conference yesterday.
The Athens area will eventually be supplied with Russian natural
gas by the state-run Public Gas Enterprise from a network
currently being built.
Prices for household consumers will be 130 drachmas a cubic
meter from 144 drachmas. Around 7,000 homes are using liquified
gas.
[27] Bourse negotiations with Dane extended
Athens, 09/01/1998 (ANA)
Supervised negotiating with the Dane shipping lines has been
extended until Feb. 7, according to a decision yesterday by the
administrative council of the Athens Stock Exchange.
The extension was deemed necessary after developments in the
company's economic and administrative issues.
The bourse also approved a request by the main sponsor for an
extension of the public registration and introduction date for
the company Kyriakoulis Mesogeiakai Krouazierai S.A. onto the
stock exchange's parallel market until the end of February.
[28] Work on new Greek-Bulgarian border crossing
Athens, 09/01/1998 (ANA)
Completion of a new border post on the Greek-Bulgarian frontier
near the community of Exohi, Drama prefecture will soon be
completed, according to Macedonia-Thrace Regional Director
Stavros Kambelis.
New road and customs facilities are projected to cost 2.5
billion drachmas.
End of English language section.
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