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Athens News Agency: Daily News Bulletin in English, 01-03-23

Athens News Agency: Daily News Bulletin in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] EU seriously concerned over situation in FYROM
  • [02] Defense minister appeals for Turkish cooperation in Balkan security
  • [03] Russia completes first of six anti-aircraft missile offset programs for Greece
  • [04] Karamanlis briefs President Stephanopoulos on FYROM visit
  • [05] Communist Party of Greece secretary says generalized Balkan war looming
  • [06] Universities confirm protest shutdown over education bill
  • [07] Patriarch welcomes pontiff's scheduled pilgrimage to Greece
  • [08] Greek scientist says DU bomb hazard was 'overestimated'
  • [09] Republic of Macedonia (FYROM), which do not meet modern environmental standards
  • [10] Collection of signatures for IDs and religion to be extended
  • [11] Greek budget revenues up 11.9 percent Jan-Feb
  • [12] IOC marketing director covers progress with Athens 2004 officials
  • [13] Gov't planning rate hike to combat water wastage after dry year
  • [14] Merrill Lynch reportedly welcomes new OTE share-sale plan
  • [15] Six groups short-listed in sale of Skaramangas Shipyards
  • [16] EU to fund natural gas study for Macedonia firm
  • [17] EU warns Greece on medical equipment spending
  • [18] US and Greece agree on fighting Television piracy
  • [19] Hellenic Railways launches new high-speed rail line
  • [20] Athens bourse places trade in six firms under surveillance
  • [21] New drop has general index skimming 3,000-point mark
  • [22] Oxford conference to focus on latest archaeological finds in Greece
  • [23] Greek, Bulgarian local gov'ts eye cross-border cooperation
  • [24] US clarifies Cyprus settlement would facilitate EU accession
  • [25] Cyprus FM on UN human rights report

  • [01] EU seriously concerned over situation in FYROM

    STOCKHOLM, 23/03,/2001 (ANA - V. Mourtis)

    The European Union, seriously concerned over the situation created in the Former Yugoslav Republic of Macedonia (FYROM) by the activities of Albanian extremists, has invited FYROM President Boris Trajkovski, expected in Stockholm on Friday with Foreign Minister Kerim, to brief EU leaders on the situation and to help in shaping a joint policy.

    Greek Prime Minister Costas Simitis will have a private meeting with Trajkovski, while Foreign Minister George Papandreou will be meeting Kerim. He will also be seeing his Russian counterpart Igor Ivanov.

    Russian President Vladimir Putin is also expected in Stockholm on Friday to attend the discussion on the situation in the region since Russia has proposed the creation of an international peacekeeping force to be deployed in FYROM.

    The EU, according to Greek sources, is facing the situation with great seriousness and "feels that its prestige is at stake in this case."

    According to reports, Greece would not object to the deployment of an international force, but there should be two preconditions for it to consent to such a move. All possibilities for a political understanding should be exhausted, the solution should be a political one and the force should aim at preserving and not imposing peace.

    For the time being, however, nobody is discussing the development of a military force in FYROM, while in every case decisions will be taken in the framework of the UN and if a force is deployed it can be either an extension of KFOR or a force to be created from scratch.

    The position being promoted by the EU and voiced by high commissioner Javier Solana is a ceasefire followed by a disarmament process. A discussion will then ensue on a package concerning issues preoccupying FYROM Albanians.

    Greek interest at the summit will focus on strengthening employment in the direction of securing full employment throughout the EU, deregulating the energy market, an electronic Europe and the pensioning issue.

    Another important issue at stake is the creation of a European Capital Market Committee. However, differences of opinion exist on the issue between the European Commission and the European Parliament on who will exercise which duties.

    [02] Defense minister appeals for Turkish cooperation in Balkan security

    Athens, 23/03/2001 (ANA)

    National Defense Minister Akis Tsohatzopoulos appealed to Turkey to cooperate with Greece, being NATO's two biggest allied countries in the region, to mutually guarantee security conditions in the Balkans in an interview with the "CNN-Turk" television station.

    Tsohatzopoulos also urged Turkey to remove minefields on the borders of the two countries as a goodwill gesture. He added that in the 21st century the only path out of economic crises, such as Turkey's, might be joining enlarged unions such as the new greater Europe extending from the Atlantic to the Urals.

    "Are you aware how serious the situation in the Balkans is? The 'explosion' by Albanian extremists, which we are having now in FYROM and southern Serbia, is creating new dangers. Are you aware who inhabitants are expecting to do something in the region? Of course, there is the international community, KFOR, NATO, but at the same time what are neighboring countries doing in Skopje and Kosovo? What is Greece doing? What is Turkey doing? Turkey and Greece are the biggest countries in the region and they have a responsibility," he said, adding that "Turkey and Greece have the greatest responsibility for the region's security. We should cooperate on this basis. It is time for cooperation and not time for competition."

    Tsohatzopoulos further said "we should develop cross border cooperation and a relationship between populations. Why shouldn't our people have the possibility of coming closer. Why is this happening with the Bulgarians? Why with FYROM and Albania? Moreover, we should open paths between our two countries, we should come closer and give the possibility to border people on both sides to cooperate economically and in the tourist sector."

    Commenting on whether he desires to inaugurate a new period for peace, Tsohatzopoulos said "I do not like big words. I prefer to be a realist. I want a few tangible and simple decisions, but effective ones. Because we understand very well, defense ministers and armed forces chiefs alike, how much it costs for our peoples to pay so much for their defense."

    [03] Russia completes first of six anti-aircraft missile offset programs for Greece

    MOSCOW, 23/03/2001 (Itar-Tass/ANA)

    The Antei concern, Russia's leading manufacturer of short and long-range anti-aircraft missile systems, has completed the first of six offset programs under a contract with the Greek defense ministry.

    A package of six four-year offset programs worth about 820 million dollars was signed last October, the Russian delegation at the fifth international Idex-2001 arms exhibition told Itar-Tass on Thursday.

    The first program covers 15-20 percent of offset exports, including deliveries of gas-turbine plants for the anti-aircraft missile systems Top-M1 and Osa-AKM.

    Greece is the largest foreign importer of the Russian-made Top-M1 systems. It has already acquired 27 installations and will receive four more before the end of the first quarter of 2002.

    A new contract worth more than 700 million dollars is expected to be signed soon.

    [04] Karamanlis briefs President Stephanopoulos on FYROM visit

    Athens, 23/03/2001 (ANA)

    Main opposition New Democracy leader Costas Karamanlis met with President of the Republic Kostis Stephanopoulos on Thursday, to brief him on the results of his visit to the Former Yugoslav Republic of Macedonia (FYROM) and the crisis in the neighboring country.

    After the 40-minute meeting, Karamanlis stressed that it was inconceivable to allow a group of extremists to "set the Balkans on fire."

    Karamanlis stressed that ND steadfastly supports the principle of the inviolability of borders and noted that the government must not allow itself to relax and must undertake initiatives for decisive intervention by NATO and the EU.

    [05] Communist Party of Greece secretary says generalized Balkan war looming

    Athens, 23/03/2001 (ANA)

    Communist Party of Greece (KKE) secretary general Aleka Papariga, addressing a press conference in Thessaloniki on Thursday, expressed the view that a generalized Balkan war is looming, while Greece will be directly involved.

    Papariga said if the international community decides to create a multinational force, supposedly to safeguard the integrity of the Former Yugoslav Republic of Macedonia (FYROM), Greece will be participating in it and then the dismemberment of the neighboring country will be almost certain, while this will pit the remaining Balkan countries against each other for the distribution of the loot.

    She blamed the international community, NATO and the Greek government for the situation created in the Balkans, stressing that the Greek people should not be misled since the major powers' main aim is the dismemberment of FYROM and the complete militarization of the region.

    Papariga said the position should be strengthened concerning the preservation of borders in Balkan countries with the taking of practical measures and, more specifically, with each country protecting its borders, the disarming of the UCK and NATO forces leaving the area.

    She further said an institutional framework to muzzle the Greek people is being shaped with the ratification of the "law on terrorism", the creation of a private or municipal police force and the securing of court rulings to enable military interventions in neighboring countries and the changing of borders to be carried out with greater ease.

    [06] Universities confirm protest shutdown over education bill

    Athens, 23/03/2001 (ANA)

    Debate on the government's education bill began in Parliament on Thursday, even as university rectors proclaimed their continued opposition to the bill's provisions for Technical Educational Institutes (TEI) and announced plans to close universities on April 2-4 in protest.

    Rectors warned, meanwhile, that this was just the start and that they were prepared to take further action if needed.

    Among other changes, the bill would upgrade qualifications awarded by TEIs to the same level as university degrees, while academics want each institute to be assessed previously, to ensure that minimum standards are maintained.

    On Thursday afternoon, a group of students from various Athens University schools took part in a march to the Education ministry and then on to Parliament, demanding that the bill be withdrawn. The faculty at the prestigious Athens Polytechnic, meanwhile, is asking for a meeting with Prime Minister Costas Simitis to avoid a further escalation of protests and the paralysis of the educational system.

    Discussion in Parliament, meanwhile, focused on sections of the bill concerning secondary schools and the methods for entering tertiary education.

    During the course of this debate, Efthymiou slammed those who downgraded vocational lyceums (TEE) and treated those students as though they had dropped out of education.

    "I don't accept this denigrating approach toward TEEs, they are a valuable and attractive level of education, they are a choice and not a failure," he said.

    [07] Patriarch welcomes pontiff's scheduled pilgrimage to Greece

    ISTANBUL, 23/03/2001 (ANA - A. Kourkoulas)

    Ecumenical Patriarch Vartholomeos welcomed the upcoming visit by Pope John Paul II to Greece in early May, stressing that he hopes the elderly pontiff's pilgrimage will contribute to "a climate of unity, brotherhood and love."

    Vartholomeos spoke from the southern Italian region of Calabria, which still hosts a noteworthy Greek-speaking community in lands known during antiquity as "Magna Graecia", after accepting an invitation by the regional government of Calabria, the council of Roman Catholic bishops and the Orthodox Metropolis of Italy.

    John Paul II will visit Greece on May 4 and 5 at a time when the Patriarch will also be in the predominately Eastern Orthodox country - in the northeastern city of Xanthi between May 2-3 and nearby Serres from May 5-6.

    The Autocephalus Church of Greece's influential Holy Synod last week acquiesced to a pilgrimage by John Paul II - the first-ever by a pontiff to the modern Greek state and the first by a Roman Catholic pope in Greece proper for more than 1,200 years. The western and eastern churches permanently split in 1056, known as the "Great Schism".

    On Wednesday, the high-profile primate of the Greek Church, Archbishop of Athens and All Greece Christodoulos, noted that he will attend an open-air address by pontiff on top of Pnyx Hill, which directly across from the Acropolis. Greek President Kostis Stephanopoulos invited the pope to the country during his recent visit to the Vatican.

    The pontiff's visit stems from his stated desire to retrace the steps of the Apostle Paul, with other stops in Syria and Malta planned.

    [08] Greek scientist says DU bomb hazard was 'overestimated'

    Athens, 23/03/2001 (ANA)

    The hazards of depleted uranium bombs were probably overestimated, the head of the Greek Atomic Energy Committee told Parliament's Research and Technology Committee on Thursday, while presenting the results of surveys carried out by teams of scientists in Greece and Serbia.

    According to Greek expert Leonidas Kamarinopoulos, tests in Greece had not revealed a measurable difference from background radiation compared with tests carried out before the bombings. Similarly, about 95 per cent of the samples taken in Yugoslavia had not turned up evidence of uranium contamination.

    He also warned against allowing fears of radiation to deflect attention from other polluting repercussions of the bombings, such as chemical contamination, which were a problem in Eastern Bloc countries before the war.

    A different approach, however, was taken by the general secretary of Balkan Chemists' Societies Nikos Katsaros, who said that the results presented by his colleague, while not wrong, did not necessarily lead to those conclusions.

    He referred to a report by an international committee of experts from 31 countries, which had said that radiation combined with chemical pollution could have deleterious effects on health.

    He therefore asked that the use of depleted uranium be banned until it is proven safe. Katsaros also pointed out the huge chemical pollution as a result of the bombings "which in some cases could be classed as chemical warfare."

    He also asked the committee to note the many chemical and mining plants operating in Albania and the Former Yugoslav

    [09] Republic of Macedonia (FYROM), which do not meet modern environmental standards

    Athens, 23/03/2001 (ANA)

    Balkan Friendship Union calls for vigilance by international community The Balkan Friendship Union on Thursday called for vigilance by the international community, and Balkan countries in particular, as well as for the taking of immediate measures to restrict ecological and other harm caused by NATO's bombings in Serbia.

    Specific information and photographs showing the extent of harm done was presented at a two-day conference held by the union with the participation of trade union organizations and social and professional agencies from Balkan countries.

    Romanian lawyer and member of the "Right to Nature" foundation, Marius Nistor, said ecological consequences from the attack on Yugoslavia regarding the Danube and the Black Sea are tremendous since pollution has reached 80 percent.

    Balkan Friendship Union President Mihalakakos denounced the NATO alliance for the "ongoing genocide" and expressed his concern over renewed hostilities taking place in the Former Yugoslav Republic of Macedonia (FYROM).

    [10] Collection of signatures for IDs and religion to be extended

    Athens, 23/03/2001 (ANA)

    The period for collecting signatures in favor of the state calling a referendum for religion to be listed in identity cards, being conducted by the Church since September 14 last year, is expected to be extended until Easter (April 15), according to reports.

    The reports said the faithful are turning up in great numbers in past days to fill in relevant forms at churches, while an even greater turnout is expected during the week before Easter.

    Clergymen involved in the issue will convene on Tuesday to examine whether the period for collecting signatures will end immediately after Easter.

    [11] Greek budget revenues up 11.9 percent Jan-Feb

    Athens, 23/03/2001 (ANA)

    Greece's regular budget revenues increased by 11.9 percent in the first two months of the year, compared with the same period in 2000, exceeding a budget target growth of 8.2 percent, Deputy Finance Minister George Drys said on Thursday.

    Speaking to reporters, Drys said budget implementation was satisfactory and said he was optimistic over its strict implementation.

    Primary spending rose 3.1 percent in the January-February period, off a budget target growth of 7.9 percent, while interest spending fell 2.5 percent over the same period, achieving an annual target for a 2.6 percent decline.

    Drys noted, however, that spending on repayment of the country's public debt accounted for 28 percent of the total sum envisaged in the budget, marking a spectacular increase in the first two months of 2001.

    [12] IOC marketing director covers progress with Athens 2004 officials

    Athens, 23/03/2001 (ANA)

    Marketing for the upcoming Olympic Games was the focus of talks here on Thursday between visiting IOC executive Michael R. Payne and the Athens 2004 organizing committee (ATHOC) leadership.

    During a noontime press conference afterwards, Payne - the director of the all-important marketing division for the Lausanne-based organization - expressed satisfaction with ATHOC's progress so far.

    The British IOC executive cited ATHOC's efforts to meet its set goals, noting that 70-75 percent of national sponsors have been signed up, while the international marketing program reaches the $430-million mark. He also reiterated that the IOC would allocate some one billion dollars for the Athens 2004 Games.

    Regarding ticket sales, Payne said 4 percent of tickets for the Sydney 2000 Games were purchased over the Internet, compared to 12 percent for next year's Winter Games in Salt Lake City, Utah - a more-or-less unofficial benchmark that the IOC apparently wants to surpass for Athens 2004.

    Furthermore, he cited what termed heightened interest by sports fans around the world to attend the 2004 Games in the land where the Olympics were conceived, adding that funds announced so far for Athens 2004 are comparatively higher that those for Sydney 2000 during the same period preceding the respective Games.

    Finally, Payne stressed that the IOC attributes increased significance to the cultural aspect and events for the 2004 Games, whereas tougher legislation vis-a-vis bootleg Olympics merchandise could prevent problems.

    Cooperation with Spanish architect Calatrava: In an unrelated development, ATHOC officials met with noted Spanish architect Santiago Calatrava on Thursday, with the latter announcing afterwards that he has accepted, in principle, an offer to design a handful of 2004-related sites and landscapes near some of the major venues.

    Among the proposals discussed were a new commuter rail/metro station near the main Olympic Stadium, as well as a dome for the stadium itself; a landscape redesigning of the coastal Faliro Delta district that's set to host several Olympic competitions; or even the grandiose makeover of a central Athens intersection touted as the future entranceway of a unified "archaeological park" connecting Athens' foremost sites.

    Calatrava is best known for designs of the Penn R/R station's extension in New York City, Lyon's new airport, the Alcoy Community Hall in Spain, Montjuic's communication tower overlooking the Olympic park in Barcelona, the Valencia opera house and Bilbao's football stadium, just to name a few.

    First 'Olympic Shop': The first 'Olympic Shop', selling Athens 2004 emblems and merchandise, will open on March 28 at the new Athens international airport "Eleftherios Venizelos", the same day as the $1.3-billion facility's inauguration.

    The "Olympic Shop" will be located in the airport's busy departure area, ATHOC announced.

    [13] Gov't planning rate hike to combat water wastage after dry year

    Athens, 23/03/2001 (ANA)

    The environment ministry raised the specter of water shortages and urged consumers to eliminate waste on Thursday, while Deputy Environment Minister Athanasios Alevras warned that high water consumption would carry an equally high price tag.

    "It makes sense for goods that are in short supply to be priced accordingly," Alevras said.

    He quickly clarified, however, that these price hikes would only apply to those who used large quantities and would not affect the average household.

    The warning came on the anniversary of World Water Day, which is held each year on March 22, during a seminar organized by the Athens water board EYDAP on water management and quality.

    According to reports, the environment and town planning ministry - which is in charge of water supply networks - and EYDAP plan to propose a water rates hike for large-scale consumers, but have not yet decided at what levels of consumption the increase will apply.

    Speaking during the seminar, Alevras reported that the last winter had been particularly dry throughout the country, with limited inflow of water into Greece's reservoirs.

    At the same time, he added, consumption levels had increased after 1994 and these had to be cut down to reasonable levels, while water wastage had to be avoided.

    The minister reported that EYDAP currently 700 million cubic meters of draw able water, while on completion of projects currently underway it would be able to ensure adequate supplies to Attica until 2030.

    He also stressed the fundamental importance of sensible environmental and water resources management in years to come, when the threat of serious water shortages loomed large.

    EYDAP General Director Dionysis Xenos then took the stand and presented more detailed figures regarding Athens' water resources status, noting that the last year had had the lowest rainfall of the past decade.

    "Up to now," he added, "EYDAP's three reservoirs have only had inflows of 130 million cubic meters of water, a quantity that is clearly below the annual consumption needs of the Attic basin."

    Xenos reiterated that utilizable reserves in all three reservoirs came to 700 million cubic meters, a quantity that should cover the city's needs for the next two years under normal circumstances. He said that this level of reserves was considered adequate by international standards for cities the size of greater Athens.

    He also announced the drilling of new artesian wells around Lake Yliki and for water reserves at Mornos.

    The seminar was then addressed by a series of respected scientists specializing in hydrology.

    [14] Merrill Lynch reportedly welcomes new OTE share-sale plan

    Athens, 23/03/2001 (ANA)

    Merrill Lynch has reportedly welcomed a plan by Transport and Communications Minister Christos Verelis to reduce the state's ownership of Hellenic Telecommunications Organization (OTE) to 41 percent from 51 percent.

    The global investment house expressed backing for the move in a private letter to OTE chairman and managing director, Nikos Manassis, sources at the state telecom said.

    OTE is a heavily traded stock on the Athens Stock Exchange. It is also listed in New York.

    "The market's reaction to such a step will be especially positive and investors will see it as steady proof of the advancement of liberalization by Greece and by OTE," the sources quoted the letter as saying.

    "The move will act as a strong catalyst for a major upgrade of OTE, whose market value is currently at unjustifiably low levels," the letter reportedly added.

    [15] Six groups short-listed in sale of Skaramangas Shipyards

    Athens, 23/03/2001 (ANA)

    Six consortiums have been short listed in an international tender for the privatization of Skaramangas Shipyards with the sale deadline set for June, the development ministry said on Thursday.

    The six groups out of nine that originally expressed interest in the tender will be asked to submit binding bids, the ministry said in a statement.

    The shortlist recommended by the government's consultants in the tender was approved by Skaramangas' shareholders - Hellenic Industrial Development Bank with a 51 percent stake, and the yard's worker cooperative with 49 percent, the statement said.

    The short listed consortiums are as follows:

  • Elefsina Shipyards SA of Greece

  • Vosper Thornycroft UK Ltd of the United Kingdom

  • Royal Schelde BV-Damen Shipyards of the Netherlands

  • Constructions Mecaniques de Normancie (CMN) SAS of France

  • Howaldtswerke Deutsche Werft (HDW) AG-Ferrostaal AG of Germany

  • General Electric Company Inc. of the US

    The three firms that were not short-listed are Louis Cruise Lines Ltd of Cyprus, Pacific and Atlantic Corporation (Greece's Pateras shipping group), and Mentor Technologies of the US.

    Handling the tender for the government are Alpha Finance, Commercial Bank of Greece, KPMG and the Ilias Paraskevas Legal Office.

    Ernst & Young is preparing a valuation of the shipyard, which is due for completion on April 30, the development ministry said.

    [16] EU to fund natural gas study for Macedonia firm

    Athens, 23/03/2001 (ANA)

    The European Union's executive Commission has approved 33 percent funding for a study to be commissioned by Macedonia Natural Gas SA on penetrating small-scale joint production markets in the sector through alternatives means of financing.

    The proposal for the study was submitted by the company in conjunction with other firms in the energy and financial services sectors.

    [17] EU warns Greece on medical equipment spending

    BRUSSELS, 23/03/2001 (ANA)

    The European Commission on Thursday sent a warning to Greece, calling for a change in rules and practices applied in the country concerning the reimbursement of expenditures by the Greek Social Insurances Foundation (IKA) for orthopedic medical equipment.

    The European Commission claims that restrictive rules imposed by social insurance authorities in Greece on the reimbursement of expenditures for orthopedic medical equipment constitutes discrimination against equipment imported by other member-states. In the event Greece does not give a satisfactory reply in two months' time from receipt of the warning, the Commission has the right to decide on whether to refer the issue to the European Court.

    [18] US and Greece agree on fighting Television piracy

    WASHINGTON, 23/03/2001 (ANA-T. Ellis)

    The United States Trade Represantive on Wednesday announced that the United States and Greece have formally resolved their World Trade Organization (WTO) dispute over television piracy.

    This case concerned the Greek government's failure to enforce its intellectual property laws effectively against television stations that broadcast US copyright works without authorization.

    The WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (the TRIPS Agreement) requires that countries provide effective enforcement procedures that deter infringement of intellectual property rights.

    [19] Hellenic Railways launches new high-speed rail line

    Athens, 23/03/2001 (ANA)

    Hellenic Railways on Thursday announced it would launch into operation a new double-track, high-speed railway line, linking Katerini and Aeginio, from Saturday, March 24.

    Trains using the new line will be able to run at speeds up to 140 km per hour, thus cutting the travel time between Athens-Thessaloniki by 15-20 minutes.

    Hellenic Railways announced that the Intercity Non-stop train would cover the Athens-Thessaloniki travel in 5-1/2 hours.

    [20] Athens bourse places trade in six firms under surveillance

    Athens, 23/03/2001 (ANA)

    Athens Stock Exchange authorities announced on Thursday that they had placed under surveillance trade in six shares - Atemke, Parnassos, Mouriadis, Fanco, Doudos and Keranis.

    The companies have posted losses for the last three financial years, the authorities said in a statement.

    [21] New drop has general index skimming 3,000-point mark

    Athens, 23/03/2001 (ANA)

    The Athens Stock Exchange general index fell to its lowest point in the year on Thursday, buckling under renewed pressure from international markets, though the Athens bourse proved relatively more resilient than its European counterparts. It did, however, skim dangerously close to the 3,000-point 'psycho-logical' barrier and could well dip below this during Friday's session unless the worldwide financial climate improves.

    According to analysts, a consoling factor was the relatively low turnover in the last two sessions during which prices dropped, with the ratio of declining to advancing shares standing at two to one.

    The general index ended 46.38 points down, to close near the day's lows at 3,027.12 points, or 1.51 per cent lower.

    Turnover was 186.216 million euros, or 63.453 billion drachmas, of which 5.57 billion drachmas represented pre-agreed block trades.

    The FTSE/ASE 20 index for blue chip and heavy traded stocks ended 1.33 percent lower at 1,738.85 points, and the FTSE/ASE 40 index fell 1.21 percent to 368.51 points.

    Sector indices ended as follows: Banks: 6,470.87 -1.07% Telecoms: 973.14 -2.04% Insurance: 1,408.50 -0.09% Investment: 1,255.74 -1.06% Construction: 1,456.13 -1.86% Industrials: 1,873.09 -1.74% Holding: 3,423.60 -2.11% Base metals: 966.42 -2.38% Minerals: 1,021.26 -0.63% Publishing: 966.37 -0.97% Textiles: 1,212.50 +1.56% Retailing: 1,091.88 -1.79% IT: 1,060.78 -0.13% IT solutions: 1,014.72 -2.96%

    The parallel market index for smaller capitalization stocks ended at 326.94 points, off 0.71 percent.

    Broadly, decliners led advancers by 229 to 101 with another 26 issues unchanged.

    Balkan Export, ANEK, ESXA, Ktima Lazaridi, Multirama, Kekrops, Douros, Ipopotour, Haidemenos and Epiphania suffered the heaviest percentage losses.

    Naoussa Spinning, Doudos, Hellenic Telecoms, Alpha Bank, Athenian Holdings and Eurobank were the most heavily traded stocks.

    Leading shares' closing prices (in euros): National Bank: 38.40 Alpha Bank: 29.68 Commercial Bank: 49.86 Eurobank: 19.00 Piraeus Bank: 12.78 Lambrakis Press: 12.56 Altec: 7.00 Intrasoft: 11.50 Titan Cement (c): 37.92 Hellenic Telecoms: 14.84 Panafon: 6.06 Hellenic Petroleum: 8.98 Attica Enterprises: 7.70 Intracom: 19.86 Mytilineos: 8.26 Minoan Lines: 4.84 Viohalco: 9.56 Coca Cola HBC: 16.14

    Bond prices rise in record-breaking trade: Bond prices in the domestic secondary market on Thursday finished higher in record-breaking turnover for a second straight day with buying seen mainly in long-term paper.

    The Greek benchmark 10-year bond showed a yield of 5.21 percent from 5.25 percent a day earlier.

    The yield spread over German bunds was 60 basis points, the same as the session before.

    Turnover through the central bank's electronic system totalled a record 2.463 billion euros (840 billion drachmas) from 2.205 billion euros (751.3 billion drachmas), which had set an earlier all-time high.

    Buy orders accounted for 1.552 billion euros of turnover.

    Equity futures end down, tracking Athens bourse: Equity futures traded on the Athens Derivatives Exchange finished lower on Thursday, in line with the bourse indices on which they are based, traders said.

    The FTSE/ASE 20 index closed 1.33 percent down, and the FTSE/ASE 40 ended 1.21 percent lower.

    Turnover was 44.5 million euros on 5,792 contracts traded, the dealers said.

    [22] Oxford conference to focus on latest archaeological finds in Greece

    Athens, 23/03/2001 (ANA)

    Twenty-five Greek and foreign archaeologists will present their findings from recent excavations in Greece at Oxford over the next four days, during a conference entitled "Excavations of Classical Civilization: Recent Archaeological Discoveries in Greece".

    The conference's goal, according to the university's officials, is to brief scholars and students on the most significant developments in Greece over the last 10 years by the archaeologists in the field.

    The conference falls within the "Greece in Britain" series of events and is co-sponsored by the Foundation for Hellenic Civilization, the Greek embassy in London and the Kostopoulos Foundation.

    [23] Greek, Bulgarian local gov'ts eye cross-border cooperation

    Athens, 23/03/2001 (ANA)

    Local government representatives from eastern Macedonia and Thrace signed a protocol of cross-border cooperation with several of their Bulgarian counterparts this week during a one-day seminar in Chryssoupolis, northern Greece.

    Fifteen municipalities from neighboring Bulgaria signed the protocol, which envisions cross-border cooperation in the economic, cultural and environmental fields between local governments on either side of the Greek-Bulgarian frontier.

    [24] US clarifies Cyprus settlement would facilitate EU accession

    WASHINGTON, 23/03/2001 (CNA/ANA)

    US State Department spokesman Richard Boucher has clarified that the US strongly supports the European Union (EU) decision that a settlement in Cyprus would facilitate the Republic's accession but is not a precondition.

    Invited on Wednesday to comment on references on the issue made by designee for Undersecretary of State for Political Affairs Marc Grossman, Boucher said they should not be over interpreted.

    "We have strongly supported the EU's decision on accession. We've supported the 1999 Helsinki conclusions that say that a political settlement would facilitate the accession of Cyprus to the EU. And they go on further. That's our policy and that's what we support," he said.

    The EU decision clearly adds that a settlement in Cyprus is not a precondition for accession. Boucher said the US always have and still support these decisions, adding that "Mr. Grossman's comments are consistent with that position."

    [25] Cyprus FM on UN human rights report

    NICOSIA, 23/03/2001 (CNA/ANA)

    The UN is expected was to issue on Thursday a second report on the question of human rights in Cyprus to rectify the original one, which the government considers "unacceptable and regrettable" and believes it runs the risk of causing a serious breach of trust between the Republic and the UN.

    Foreign Minister Ioannis Kasoulides has said the five permanent members of the UN Security Council have sided with the government on the issue, saying Nicosia is rightfully protesting an attempt in the report to equate the legal government of the Republic with the Turkish Cypriot occupation regime in occupied Cyprus, which the European Court of Human Rights has described as a local subordinate administration to Turkey.

    Kasoulides was unusually firm in his criticism of the original report and said after today's cabinet meeting that he would send a letter to UN Secretary General Kofi Annan outlining the government view that the report should reflect the violation of human rights and fundamental freedoms in Cyprus, since the 1974 Turkish invasion and occupation of 37 percent of the island's territory.

    "We cannot disregard the possibility that editorial errors might have been made on purpose but what is important is that the UN, following our reaction to the report, have now adopted a different approach," Kasoulides said.


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