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Athens News Agency: Daily News Bulletin in English, 03-02-25

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

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

February 25, 2003

CONTENTS

  • [01] Greece, Cyprus reaffirm close ties, joint coordination
  • [02] Cyprus president elect meets with opposition leaders in Athens
  • [03] PM to meet UN Secretary General in Athens on Tuesday
  • [04] Denktash aide intransigent over last Cyprus peace plan
  • [05] FM to visit US on Thursday as representative of the European Union troika
  • [06] State Department confirms Powell, Papandreou will meet on Thursday
  • [07] Greek, Italian and Spanish PMs discuss Iraq over the phone
  • [08] Deputy FM tours Middle East, meets with Lebanese leaders on Monday
  • [09] EU General Affairs Council discusses developments in the western Balkans
  • [10] DM to address University of California seminar in Athens
  • [11] President receives Coalition leader who complains on mass media standards
  • [12] EU praises IAEA resolution on North Korea
  • [13] EU president Greece to revitalize trans-European transport and energy schemes
  • [14] Gov�t seeks spending cuts, low prices from public sector enterprises
  • [15] Greek gov�t to sell two more issues of ''popular'' bonds this year
  • [16] Tsohatzopoulos urges more active participation of consumers
  • [17] Greek stocks end 1.01 percent lower on Monday
  • [18] PM Simitis himself to respond to latest IOC criticism
  • [19] Aliakmonas accident due to attempt to overtake, witness claims
  • [20] FM briefs EU counterparts of the electronic polling system e-vote
  • [21] Europarliament committee on gender equality conduct three-day visit in Turkey
  • [22] Efthymiou to table results of EU university students' meetings in EU summit
  • [23] DM meets with presidents of defense analysis institutes in Greece
  • [24] French MEP confident that N17 suspect Psaradellis is innocent
  • [25] Greece sends humanitarian aid to China following devastating quake
  • [26] Annan believes solution possible if sides willing
  • [27] National Council to convene on Wednesday, says spokesman
  • [28] Lord Hannay sees momentous week ahead for Cyprus
  • [29] Cox urges sides to give-and-take on Annan plan
  • [30] US envoy meets Turkish officials

  • [01] Greece, Cyprus reaffirm close ties, joint coordination

    Athens, 25/02/2003 (ANA)

    Prime Minister Costas Simitis and visiting Cyprus president-elect Tassos Papadopoulos on Monday reaffirmed the close ties between their two countries, pledging that they would remain so in the future.

    After his meeting with Papadopoulos, Simitis said close ties between Athens and Nicosia would remain close in the future, with the common aspiration of mutual consolidation and coordination of their moves.

    On the memorandum submitted to the two sides by UN secretary general Kofi Annan, Simitis said it would be discussed by the Cyprus National Council, adding that ''Greece offers its opinion and support, but the Cypriot side is the one that decides and leads''.

    He continued, however, that margins for success in the Cyprus talks were narrow and nearly non-existent within the timeframe that has been proposed.

    Simitis further expressed certainty that Cyprus' EU accession course was not at threat, and that Cyprus, together with the other nine candidates countries approved for membership, would sign the act of accession in Athens on April 16.

    Papadopoulos conveyed the Cypriot people's appreciation for Greece's contribution, and expressed his intention to take advantage of the historic conjuncture so that, in the event that Turkish Cypriot leader Rauf Denktash altered his position, a solution to the Cyprus problem would be reached.

    As for Annan's recent memorandum, Papadopoulos said it would be an object of negotiations with the UN special envoy on the Cyprus issue Alvaro de Soto.

    Simitis said that he did not expect to discuss with Annan, when the UN chief visits Greece for consultations on Tuesday, the substance of the arrangements he has proposed, adding that among the issues that would most likely be included in his talks with the UN secretary general was mainly the Cyprus security issue, which was also of concern to Greece.

    Meanwhile, government spokesman Christos Protopapas said that Annan's final proposals and proposed procedure for a Cyprus solution would be made known in Athens following Simitis' meeting with the UN chief in Athens on Tuesday afternoon.

    Regarding Simitis' talks with Papadopoulos, the spokesman noted that the main problem at this juncture was the intransigence of the Turkish and Turkish Cypriot side.

    Press conference: �It�s impossible to hold a referendum over any plan for a solution to the Cyprus problem if the issue of security between Greece and Turkey isn�t first solved,� Papadopoulos later said during a press conference at the Foreign Press Association of Greece. He also expressed his concern and disappointment over what he called the intransigent stance of the Turkish side, which he said is promoting positions that are not foreseen in the Annan peace plan. Referring to prospects that security issues will be resolved through proposals tabled by UN chief Kofi Annan himself, Papadopoulos said:

    �Mr. Annan is not entitled to submit his own proposals without the prior approval, or at least, an agreement by Greece and Turkey. This issue is covered by international treaties.�

    Moreover, he referred to the Annan plan as a �sui generis". �I will not attempt to change the basic framework,� he stressed.

    Asked about the possibility of a Cyprus solution before an UN-set deadline expires, Papadopoulos said it was �extremely unlikely that negotiations will have been completed by Feb. 28�, however, he categorically rejected any notion that a failure to reach an agreement by Feb. 28 will be �catastrophic� for prospects of any future resolution.

    In response to another question, he expressed his satisfaction over Britain�s expressed intent to concede a portion of the territory it retains on the island republic � two sovereign bases � in order to assist in efforts to solve the problem, although he did mention his surprise at the timing of the announcement by outgoing Cypriot Foreign Minister Ioannis Kasoulides.

    Finally, asked about any peace plan�s provisions for thousands of settlers brought into the Turkish-occupied areas from Anatolia over the past 29 years, Papadopoulos said:

    �Even though settlers transported to an occupied country are the product of an international crime and essentially have no rights, we are ready to accept solutions that are compatible with the provisions for protecting human rights and the acquis communautaire, as it is defined by the European Union. Our goal, however, is to ensure the right of return of all the refugees...�

    Papadopoulos, Stephanopoulos meeting: Cyprus' newly-elected president Tassos Papadopoulos on Monday met with President of the Republic Costis Stephanopoulos and parliament president Apostolos Kaklamanis.

    Papadopoulos and Stephanopoulos discussed the latest developments in Cyprus during their half-hour meeting, but no statements were made to the press after the discussion.

    Earlier, Papadopoulos met with Kaklamanis, who reaffirmed to the Cyprus president that the Hellenic parliament stood at the side of the new Cypriot leadership.

    ''We are aware of the seriousness of the situation,'' Papadopoulos said after the meeting, and reiterated his pre-electoral commitment that he would carry on the negotiations for a just and viable solution to the Cyprus issue.

    ''All the cooperating parties commit ourselves to finding a solution, and not being led to impasses,'' Papadopoulos said, expressing hope that the Turkish Cypriot side and its leader, Rauf Denktash, will realize that ''the common interest imposes a common solution''.

    Papadopoulos further expressed appreciation for the assistance of the Hellenic parliament and the parliaments of the EU member states, noting that now that the process of ratification of Cyprus' EU accession by the national parliaments of the EU '15' was commencing, the role of the Greek parliament was not only important but also decisive for the ratification of Cyprus' accession treaty.

    Kaklamanis said that the Hellenic parliament persisted in the firm stance it has followed to date concerning the completion of EU enlargement and resolving the Cyprus problem.

    ''We shall back the effort of the Cyprus Republic and Cypriot people for a viable and functional solution that will restore Cyprus' unity and create conditions for cooperation between and the progress of the two communities and the entire island,'' Kaklamanis said.

    [02] Cyprus president elect meets with opposition leaders in Athens

    Athens, 25/02/2003 (ANA)

    Cyprus' President elect Tassos Papadopoulos on Monday met with main opposition New Democracy (ND) leader Costas Karamanlis and focused on the developments concerning the Cyprus problem.

    According to sources, Papadopoulos said to Karamanlis that he did not have in his hands the new plan of the United Nations for the resolution of the Cyprus issue and stressed that there are many issues still to be clarified.

    On his part, Karamanlis told Papadopoulos, that the UN plan should be functional, viable and in accordance with the European acquis communautaire and the decisions of the United Nations Security Council.

    He stressed that ND will stand by Cyprus and its people for the achievement of this national aim, adding that a good understanding between all the political forces is a basic precondition for the achievement of this national goal.

    According to the same sources, Karamanlis said to Papadopoulos that the Annan plan does not allow for a functional state, stressing, however, that the Greek Cypriot side should sit at the negotiating table to achieve as much as possible and noted that the new government of the republic of Cyprus needed more time.

    Later in the day, Papadopoulos met with Communist Party of Greece (KKE) leader Aleka Papariga, who expressed her pessimism over a resolution of the Cyprus problem, right after the meeting.

    Papariga said that we should wait for the new Annan plan so that we may state our final opinion, adding, however, that the war-like climate in the region, in Europe and internationally and if one examines the Annan plan one can not be optimistic that something better may appear.

    Our sense says that the plan will probably be worse, taking into account the very negative circumstance that exists due to the war preparations in Iraq and the special relationship between the US and the leadership of Turkey.

    Laliotis, Coalition leader meet Cyprus' president-elect: Ruling PASOK Central Committee Secretary Costas Laliotis and Coalition of the Left and Progress (Synaspismos) leader Nikos Constantopoulos had separate meetings in Athens on Monday with visiting Cyprus president-elect Tassos Papadopoulos.

    In statements to reporters later, Laliotis noted that ''it is a known fact that the Cyprus issue is at a critical turning point, and for this reason what is required is the strongest possible rallying and the greatest political and social consensus for a just, viable and workable solution.''

    Laliotis added that the citizens of Cyprus, through their verdict, have proclaimed the new president. ''Mr Papadopoulos is a man with knowledge, experience and capabilities. We believe there must be the greatest possible rallying of all the forces of Hellenism and in Greece and Cyprus and all of us must have confidence in the Greek government and Prime Minister Costas Simitis and of course the new president of Cyprus, Tassos Papadopoulos,'' Laliotis concluded.

    On his part, Constantopoulos told reporters after his meeting with Papadopoulos that his Coalition party supported the position of Cyprus' National Council for systematic and substantial negotiations in order for there to be a workable solution to the Cyprus problem, which will be viable and stand time.

    ''We believe there is scope for the momentum of Cyprus' EU accession to be properly utilized, so that Cyprus be an equal member state of the EU, securing the reunification of the island, the rapprochement of the two communities and the consolidation of the federal character in accordance with the decisions which have been taken, for a just solution to the Cyprus problem,'' Constantopoulos said.

    [03] PM to meet UN Secretary General in Athens on Tuesday

    Athens, 25/02/2003 (ANA)

    Prime Minister Costas Simitis is to meet United Nations Secretary General Kofi Annan in Athens on Tuesday evening following his meetings on Monday with new Cyprus president-elect Tassos Papadopoulos, government spokesman Christos Protopapas announced.

    Outlining the premier's schedule for the coming week, the spokesman said that Simitis would be chairing a government meeting on combatting drug abuse at noon on Tuesday in which all government ministries involved in cracking down on the drug trade, prevention and dealing with substance abusers will be represented.

    Protopapas said a planned visit by the prime minister to the northern Greek city of Alexandroupolis on Wednesday had been postponed and would probably take place on March 4.

    On Thursday, the premier will chair a meeting of the cabinet to discuss issues pertaining to the environment, public works and town planning ministry, particularly with respects to land planning.

    On Thursday afternoon, Simitis will address the Greek Parliament in an off-the-agenda debate about the measures the Greek EU presidency plans to take to deal with a possible crisis in Iraq.

    On Friday, the prime minister will chair a ministerial meeting at 10:30 on water resources attended by Environment Minister Vasso Papandreou, Development Minister Akis Tsohatzopoulos and Interior Minister Costas Skandalidis.

    On the same day at 12:30, he will meet visiting Romanian president Ion Iliescu, while at 14:00 he is to have a meeting with PASOK Central Committee Secretary Costas Laliotis.

    [04] Denktash aide intransigent over last Cyprus peace plan

    ISTANBUL 25/02/2003 (ANA � A. Kourkoulas)

    A close aide of Turkish Cypriot leader Rauf Denktash on Friday said the latest Cyprus peace plan tabled by UN Chief Kofi Annan encompassed the same spirit as the previous ones, claiming that it essentially offered �no new improvement for the T/C side�.

    Denktash aide Mumtaz Soysal said �territorial concessions to the Turkish side are nothing more than concessions of territory already belonging (to the Turkish Cypriots)�, a reference to the Karpassia peninsula.

    Finally, Soysal also criticized the plan, because as he claimed, it does not state that the central government�s power emanates from the so-called �Turkish Cypriot state�.

    [05] FM to visit US on Thursday as representative of the European Union troika

    BRUSSELS 25/02/2003 (ANA - G. Zitouniati)

    Foreign Minister George Papandreou on Monday announced that he would visit the United States on Thursday at the head of the European Union troika and meet with U.S. Secretary of State Colin Powell and President George Bush's national security adviser Condoleezza Rice to discuss latest developments in the Iraq crisis.

    The troika is composed of the presiding minister - who for the present six month period is Greece's George Papandreou, the EU high commissioner on foreign and defense policy Javier Solana and EU Commissioner on foreign relations Chris Patten.

    Speaking to an audience of journalists after a meeting of the EU General Affairs Council in Brussels, the Greek minister under-lined that the upcoming actions will be decided by the United Nations Security Council.

    Papandreou clarified that ''there is no secret agenda'' and that the European opinion was summarized during the recent EU Summit in Brussels and aims at disarming Iraq and not at changing the Saddam Hussein�s government, considering that violence is last resort, having first exhausted all other means and after the UN inspectors complete their work.

    ''We are on a course for the Common Foreign Policy, and it is our wish that this course continues and develops into a unified policy. Iraq is not the beginning or the end of EU's history. We wish to defend the unity and the ideals of Europe. Iraq will be the pretext for strengthening the course of deepening (this policy) that has begun,'' Papandreou said.

    On his part, Solana said ''it is natural that we do not always agree. We tried, but I at least failed. The members of the European Union, which are also members of the UN Security Council, could coordinate their stance, but the Treaty does not bind them to do so''.

    Arab League General Secretary General Amr Moussa and League presiding minister, the foreign minister of Lebanon, Mahmud Hammud participated in the dinner of the EU council of general affairs.

    [06] State Department confirms Powell, Papandreou will meet on Thursday

    WASHINGTON 25/02/2003 (ANA - T. Ellis)

    The U.S. State Department formally announced on Monday that the meeting between the foreign ministers of the U.S. and Greece will take place on Thursday, in the context of the established U.S.-EU meeting.

    ''The U.S. and the European Union will have the semi-annual meeting in Washington on February 27. Secretary of State Colin Powell will receive Greek Foreign Minister George Papandreou, as president of the EU Council of Foreign Ministers, along with the EU's Commissioner for Foreign Affairs, Chris Patten and EU High Representative for Security and Foreign Policy Javier Solana,'' a State Department spokesman said.

    The announcement added that ''this meeting is part of the established U.S.-EU contacts, and will be centered on Iraq, but will also include the studying of other issues of the wider agenda we have with the EU.''

    Papandreou will stay in the U.S. capital for one day and will also visit the White House where he will meet with U.S. President George Bush's national security adviser, Condoleezza Rice.

    [07] Greek, Italian and Spanish PMs discuss Iraq over the phone

    Athens, 25/02/2003 (ANA)

    Government spokesman Christos Protopapas on Monday an-announced that Prime Minister Costas Simitis, current head of the European Council, had spoken with his Italian counterpart Silvio Berlusconi and Spanish Premier Jose Maria Aznar on the phone the previous day about the latest developments in the Iraq crisis.

    He said that talks between the three government leaders on Sunday night had focused especially on Aznar's coming trip to Washington.

    Meanwhile, the spokesman stressed again on Monday that neither the Greek government nor the Greek presidency of the European Union was in any way involved in a reported meeting between Americans and Iraqi military officers to be held in Athens.

    Protopapas said that the meeting, which according to a report in the Sunday edition of the Greek newspaper ''To Vima'' had been an initiative organized by Greek Defense Minister Yiannos Papantoniou, was a private initiative organized by an international organization based in California.

    The event in question was held in a different country every year and the Iraqis that would be attending were not representatives of Saddam Hussein's regime but its opponents, the spokesman clarified.

    [08] Deputy FM tours Middle East, meets with Lebanese leaders on Monday

    BEIRUT 25/02/2003 (ANA-E.Boukaouri)

    Deputy Foreign Minister Andreas Loverdos opened his cycle of contacts with Lebanese officials here on Monday, with a meeting with the country�s Finance Minister Basel Flaihan.

    A possible war in Iraq clouded over Loverdos� meetings during his tour of the region, without however influencing the course of talks. Lebanon does not feel seriously threatened by negative repercussions, but Syria on the contrary fears a massive entry of hundreds of thousands of refuges in the event of a war.

    Loverdos was asked why he chose the specific time for a tour - his third - in the region. He replied that as far as Greece was concerned, Lebanon symbolizes not the crisis, but development and a strategic partner. He pointed to the excellent relations between Athens and Beirut, and said that Lebanon had made large investments in Greece, it was an open society under development, was well aware of trade considerations and was a gate and the best mediator to the rest of the Middle East.

    With the fear of war looming, Lebanon is seen as a safe harbor by the remaining countries in the region, many of which, Saudi Arabia for example, have taken their investments out of western nations (e.g. US) and poured them into Lebanon.

    According to diplomatic sources, approximately 40% of direct foreign investments in Lebanon have been channeled in the tourism sector.

    Middle Eastern countries appreciate Greece�s contribution as EU Presidency and the opening extended by Foreign Minister George Papandreou to Arab nations by participating in the recent Cairo Arab League meeting.

    Loverdos extended an invitation to the Secretary General of the Arab League Amr Moussa to attend the EU Brussels Council, and is scheduled to meet Lebanese President Emil Lahoud on Tuesday.

    [09] EU General Affairs Council discusses developments in the western Balkans

    BRUSSELS 25/02/2003 (ANA - V. Demiris)

    The EU Council of General Affairs on Monday discussed developments in the western Balkans and EU-NATO relations with the possibility of developing a European security and defense identity in the region.

    Greek Foreign Minister and EU Council of Ministers President George Papandreou in statements underlined the need for the development of a relation of mutual trust with the western Balkan countries on the basis of European models. He stressed the promotion of dialogue and cooperation in certain sectors, such as energy, transport and immigration.

    The minister cited as a successful example Greek-Turkish rapprochement, in such issues such as tourism, cross-border cooperation and the combatting of illegal immigration.

    Papandreou said the aim of the Greek EU presidency was for there to be clear results at the EU summit in Thessaloniki in June on the prospects of the countries of this region joining the EU in the future.

    With regard the European security and defense identity, Papandreou referred to the positive climate and the will of the EU to proceed in undertaking the military force in the Former Yugoslav Republic of Macedonia (FYROM) and the sending of an EU to Bosnia Herzegovina in replacement of the international SFOR force.

    [10] DM to address University of California seminar in Athens

    Athens, 25/02/2003 (ANA)

    Defense Minister Yiannos Papantoniou will address a two-day seminar on the role of external military forces in the management of regional conflicts and their results in the Middle East, organized by the University of California in Athens.

    Papantoniou stressed that although he will address the event, his ministry was not co-organizing it, as some papers reported, saying that the misunderstanding was created by the university's press release that the event was under the auspices of the ministry.

    He clarified that the university requested permission to hold the seminar and of the minister to address the event.

    He called the possibility of Iraqi officials attending the event highly unlikely, adding that academics and representatives of institutes were invited.

    [11] President receives Coalition leader who complains on mass media standards

    Athens, 25/02/2003 (ANA)

    President of the Republic Kostis Stephanopoulos on Monday evening received Coalition of the Left and Progress (Synaspismos) leader Nikos Constantopoulos who expounded on his party's positions on the situation prevailing in the mass media.

    In statements later, Constantopoulos expressed his opposition to the way with which certain mass media projected major events, referring to the manner with which television covered the visit to Athens by the former royal family in comparison to that of the anti-war rally which was held in the capital the same day.

    The Coalition leader called for changes to be made in the television landscape and for the laws and rules to be implemented.

    Constantopoulos noted that ''in the critical times which are coming, as a crime against humanity is being prepared, that is, the Iraq war, the institutions must measure to their standards and respond to the gravity of the circumstances.''

    [12] EU praises IAEA resolution on North Korea

    Athens, 25/02/2003 (ANA)

    The Greek EU presidency on Monday issued a statement on a recent International Atomic Energy Agency resolution on North Korea�s controversial nuclear plant programs.

    The statement is as follows:

    �The European Union notes on Monday with satisfaction a Resolution adopted by the IAEA 12 February 2003 finding that the Democratic People�s Republic of Korea (North Korea) is in breach of its obligations and that the Agency is unable to fulfill its verification role under its safeguards agreement with the DPRK and in the context of the NPT, and requesting the IAEA Director General to report these facts to the Security Council.

    �The European Union believes that the Security Council can make a useful contribution to the diplomatic settlement of this issue under its responsibility for maintaining international peace and security. The Union also calls on North Korea to refrain from any further step that might aggravate the situation.

    �The European Union restates its firm resolve to contribute to the search for a peaceful solution. Acting in close liaison with all countries concerned, it plans to send a high-level delegation to Pyongyang, when conditions are conducive in order to promote the settlement of the current problem.�

    [13] EU president Greece to revitalize trans-European transport and energy schemes

    Athens, 25/02/2003 (ANA)

    European Union president Greece intends to bring back to the front burner past schemes for the completion of trans-European transport and energy infrastructure networks (TEN) and will put forward specific proposals in time for the Brussels European Council (summit)on 26-27 March.

    Greece, currently holding the rotating six-month EU presidency through June, said that deregulation and the integration of the internal market, both geared toward boosting the competitiveness of the European economy, cannot be carried out successfully without first processing cross-border TEN projects.

    Funding for the new networks will be provided from EU fiscal resources and new financial tools launched by the European Investments Bank EIB), as well as from private investments.

    [14] Gov�t seeks spending cuts, low prices from public sector enterprises

    Athens, 25/02/2003 (ANA)

    The Greek government is determined to put a lid on public sector enterprises' spending and limiting price increases to fend off more inflationary pressures on the economy.

    Economy and Finance Minister Nikos Christodoulakis is expected to present five new directives to the boards of public sector enterprises in a meeting scheduled for Tuesday.

    The meeting will discuss public sector enterprises' goals for the year.

    Mr Christodoulakis is expected to ask the boards to limit all borrowing needs only for investment purposes, to adjust their incomes policies with the government's incomes policy for 2003, to prohibit any new pension adjustments, to cut subsidies to public sector enterprises and to adhere to a very strict pricing policy.

    [15] Greek gov�t to sell two more issues of ''popular'' bonds this year

    Athens, 25/02/2003 (ANA)

    The Greek government will continue with its plan to issue so-called ''popular'' state securities, offering higher returns to small investors, launching two new issues in May and September despite a not-so-favorable result of the first issue, Economy and Finance Minister Nikos Christodoulakis said on Monday.

    Mr Christodoulakis stressed that the results of the first issue of ''popular'' bonds, launched last week, was ''significant enough'' and that demand for the new category of state securities totalled 800 million euros, one of the largest public offerings in the last few years.

    The Greek minister said that the next two bond issues would be set at 800 million euros each, raising the total value of the issue to 2.5 billion euros, as originally planned.

    The government has set a goal of selling bonds worth 1.0 billion euros last week. Mr Christodoulakis attributed the slightly lowest demand to procedural issues.

    [16] Tsohatzopoulos urges more active participation of consumers

    Athens, 25/02/2003 (ANA)

    The Greek government seeks to offer incentives to activate citizens as part of a plan by the development ministry to reform an existing institutional framework for a more energetic participation of consumer groups in protecting consumers' interests in the country, Development Minister Akis Tsohatzopoulos said on Monday.

    Addressing a European seminar on "Administrative cooperation and consumer protection", organized by the development ministry, Mr Tsohatzopoulos noted that "we are talking about deregulating the banking and insurance markets. We are talking of a single EU market on financial services. We ask for common supervisory commissions. But only a cross-border cooperation between consumer protection groups, along with exploiting all data, can offer the necessary defense against other practices".

    [17] Greek stocks end 1.01 percent lower on Monday

    Athens, 25/02/2003 (ANA)

    Greek stocks ended sharply lower on Monday hit by worries over international geopolitical developments.

    The general index fell 1.01 percent to end at 1,663.52 points, with turnover a low 52 million euros.

    The IT Solution sector was the only one to score gains (up 0.59 percent), while the Insurance, Publication, Textile and Cement sectors suffered the heaviest percentage losses of the day (2.57 percent, 2.46 percent, 2.34 percent, 2.23 percent and 2.0 percent, respectively).

    The FTSE/ASE 20 index for blue chip and heavy traded stocks ended 1.17 percent lower, the FTSE/ASE MID 40 index eased 1.35 percent and the FTSE/ASE SmallCap 80 index dropped 1.81 percent. The wider FTSE/ASE 140 index fell 1.27 percent.

    Broadly, decliners led advancers by 261 to 46 with another 45 issues unchanged.

    Derivatives Market Close: Turnover at 47.1 mln euros Monday

    Equity Index Futures:

  • FTSE/ASE-20 (high cap): At discount

  • Underlying Index: -1.17 percent

  • FTSE/ASE-40 (medium cap): At discount

  • Underlying Index: -0.49 percent

    Stock Futures:

  • Most Active Contract (volume): Hellenic Telecommunications Organization (149)

    Day's Market Turnover: 47.1 mln euros

    Bond Market Close: Buyers outstrip sellers on Monday

    Greek Benchmark 10-Year Bond

  • Yield: 4.15 pct

  • Spread over German bund: 27 bps

  • Day's Market Turnover: 2.0 bln euros

  • Most Active Bond: 10-year, expiring May 2012 (365 mln euros)

    [18] PM Simitis himself to respond to latest IOC criticism

    Athens, 25/02/2003 (ANA)

    International Olympic Committee (IOC) President�s Jacques Rogge�s high-profile statements on Friday, where he aired concerns about 2004 Olympics preparations, dominated Monday�s inter-ministerial meeting here, with a government spokesman later saying that Greek PM Costas Simitis himself will respond to the IOC chief.

    Deputy Press Minister Telemahos Hytiris said Simitis is expected to stress that �there are not any problems in Olympic preparations that necessitate such dramatic statements, such as the ones reported, at least.�

    According to wire reports out of Lausanne on Friday and following a closed-door meeting of the IOC�s executive board with Athens organizers, Rogge stressed that the �it is a serious situation ... it is getting really urgent. Six months ago, I delivered an optimistic message. I regret to say that in the last six weeks there's been slippage in the deadlines.�

    In terms of a massive security contract, Simitis is expected to respond that it is proceeding satisfactorily with a decision expected soon on which of two consortia will be awarded the concession. Along those lines, a �mini� conference between the government and ATHOC is expected over the next few days to review results of negotiations with the two bidders, TRS and SAIC.

    The issue of the multi-million-euro security contract, the centerpiece of Athens� attempts to ensure trouble-free Games, has plagued organizers of late, as the first tender was annulled.

    On another front, Hytiris said certain test events will not take place in the venues that will host the sports during the Olympics, while adding, however, that 50 percent of test events prior to the Sydney Games also were held in at other sites, �this is not something unprecedented.�

    Angelopoulos-Daskalaki: In later comments during a presentation of the Olympic Torch relay program, Angelopoulos-Daskalaki said the IOC president�s concerns were known to the government and had been tabled with relevant authorities.

    �They (Rogge�s comments) were not lightning out of the blue,� she said. �We�re working to avoid finding ourselves in a difficult position ... and we know that we are on the same train and heading in the same direction .. We must also realize that any delay in timetables or a change in the planning of projects will endanger preparations,� she said.

    [19] Aliakmonas accident due to attempt to overtake, witness claims

    Athens, 25/02/2003 (ANA)

    A truck driver who presented himself as a witness to a fateful bus accident on the Aliakmonas River, told Thessaloniki police on Monday that the driver of the bus lost control during an abortive attempt to overtake.

    Police sources said that the man, whose name was not announced, apparently testified that he had been driving his truck in front of the inter-city bus heading from Thessaloniki to Athens when the accident took place shortly before midnight on Saturday.

    He said the bus and all 23 passengers on board plunged into the freezing waters of the river after the driver swung out into the opposite lane in an attempt to overtake the truck and somehow lost control of the vehicle, driving off the side of the bridge.

    The truck driver said that he stopped further down the road to report the accident to the police and that he alerted border guards once he reached Katerini.

    At least 14 people were killed and eight people were seriously injured in the accident, while the search is continuing for a three-year-old boy who has been missing since the bus fell into the river.

    Government expresses sorrow over Aliakmonas River accident: Government spokesman Christos Protopapas on Monday expressed the government's deep sorrow at the fateful accident in which at least 14 people lost their lives the previous day, when the bus they were traveling in fell into the Aliakmonas River.

    He said there would be an in-depth investigation into the causes of the accident, which has so far been attributed to human error.

    In response to questions, he said that the general secretaries of the Central Macedonia Region and the transport ministry had traveled to the site of the accident early on Sunday morning to witness the conditions in which it happened for them.

    Apart from those recovered dead, another eight people were seriously injured early Sunday morning after an interstate bus traveling from Thessaloniki to Athens fell into the river, while efforts to find a three-year-old boy that went missing were still continuing on Monday morning.

    According to earlier reports, eyewitnesses said the bus and the 23 passengers on board veered into the opposite lane for some 40 meters before crashing through the rails into the freezing river below.

    Relatives of three victims of the crash - 25-year-old Efthymia Pargana, 27-year-old Fotis Tsetsos and 37-year-old Vassilis Tasioulas - announced on Monday that they had donated their loved ones' corneas to the eye transplant bank at AHEPA hospital.

    [20] FM briefs EU counterparts of the electronic polling system e-vote

    BRUSSELS 25/02/2003 (ANA)

    Foreign Minister and current president of the EU council of ministers George Papandreou on Monday briefed his counterparts on the initial results from e-Vote, a bold new experiment in e-democracy from the Greek Presidency aimed at gauging the views of citizens across Europe on a range of key issues facing the EU.

    This is the first time an EU presidency has sought the views of European citizens and brought those views directly into EU official meetings.

    More than 30,000 people have participated in e-Vote, which has only been up and running for two weeks.

    Papandreou told his EU counterparts that he was pleased with the high level of early interest in e-Vote and called on them to encourage participation.

    ''For this experiment to be a success, we need the widest possible public participation,'' he said.

    E-Vote's address is evote.EU2003.gr

    [21] Europarliament committee on gender equality conduct three-day visit in Turkey

    ISTANBUL 25/02/2003 (ANA - A. Kourkoulas)

    PASOK Eurodeputy Anna Karamanou on Monday began a three-day visit in Turkey heading a delegation of a Europarliament committee on women and equal opportunity.

    The Eurodeputies on Monday met with the Ecumenical Patriarch Vartholomeos, who briefed them on the positions of the Orthodox Churches on the issues of equality between the genders.

    The delegation will meet with representatives of non-governmental organizations while in Istanbul, as well as with the National Council of Women of Turkey.

    On Tuesday the delegation will meet with Turkish President Ahmet Sezer and Prime Minister Abdulah Gul and leaders of political parties.

    The Eurodeputies requested to visit in prison with Leila Zana, a Turkish parliament deputy who has been in prison since 1994.

    On Wednesday the delegation will meet with members of the Turkish government and then they will hold a press conference.

    [22] Efthymiou to table results of EU university students' meetings in EU summit

    Athens, 25/02/2003 (ANA)

    Education Minister Petros Efthymiou on Monday participated in a press conference held by the Association of University Students' Organizations of Europe, which was held to brief the press on the meetings of students over the weekend to discuss the mobility of students within the EU.

    The meetings of students were under the auspices of the Greek EU presidency and the European Commission.

    The minister stressed that he would table the results of the meetings for discussion during the informal EU summit in March.

    [23] DM meets with presidents of defense analysis institutes in Greece

    Athens, 25/02/2003 (ANA)

    Defense Minister Yiannos Papantoniou on Monday met with the presidents of institutes of defense analysis and international relations to examine the changes in the security environment that may appear from the developments in the crisis of Iraq, whether they lead to war or not.

    In statements to the press, Papantoniou stressed Greece's standing position for the peaceful resolution of the crisis, the observance of the UN process and respect for international law, as well as Greece position in favor of a common stance to be held by all European Union members.

    [24] French MEP confident that N17 suspect Psaradellis is innocent

    Athens, 25/02/2003 (ANA)

    French MEP Alain Krivine, a leading member of France's Revolutionary Communist League (LCR) and a founder-member of the Fourth International, on Monday expressed his support and unshakeable faith in the innocence of Theologos Psaradellis, one of the 19 people accused of being members of the Greek terrorist group ''November 17''.

    After visiting Psaradellis at Korydallos prison where he is being held pending his trial on Monday morning, Krivine held a press conference at a central Athens hotel with Psaradellis' wife and legal counsel.

    Describing his former comrade in the warmest colors, Krivine said that ''democracy owed a great debt to Psaradellis'' and that through his action and personality he had made the greatest possible contribution to the struggle against the Greek junta of 1967-1974 in Europe.

    He said he had first met Psaradellis in 1972 when he came to France to seek political asylum.

    ''He was modest, shy and did not like publicity. But he had the great glamour of a double victim,'' he said.

    Regarding the present conditions of Psaradellis' incarceration, Krivine hazarded that, with the exception of the use of torture, imprisonment during the years of the junta may have been better if one took into account the prisoners' present isolation, the underground cell, the damp and the problems with electricity.

    The French politician also expressed grave concern over the conditions under which the trial would be held and the way the publicity would be manipulated.

    He said that Psaradellis considered the trial would be purely political and was concerned over the political dimension of his defense, a view with which Krivine concurred.

    He pointed out that the trial would take place in the climate created after the September 11 terror attacks in New York in 2001, after which terrorism came to cover all sorts of activity that had nothing to do with Osama bin Laden.

    According to Krivine, this had led to the institution of ''freedom-murdering legislation'' throughout Europe that covered the activities of all trade union and peace groups. He called on Europe to re-examine the definition of human rights and the presumption of innocence and demanded Psaradellis' release so that he could actively participate in the Greek peace movement, since the trial would take place during a worldwide period of war.

    Psaradellis' lawyer said the defense would be mounted on the inadequate evidence against his client, who is charged with taking part in two robberies, and on his 40-year participation in the Trotskyist movement, during which he had publicly spoken out against terrorism.

    [25] Greece sends humanitarian aid to China following devastating quake

    Athens, 25/02/2003 (ANA)

    Greece has sent humanitarian aid to China amounting to 200,000 euros to help deal with the problems caused by the catastrophic earthquake which struck regions of northwest China on Monday morning.

    The aid was sent on the instruction of Deputy Foreign Minister Andreas Loverdos following coordination with the Greek Embassy in China.

    [26] Annan believes solution possible if sides willing

    UNITED NATIONS 25/02/2003 (CNA/ANA)

    UN Secretary General Kofi Annan believes a solution to the Cyprus problem could be reached by the end of the month, ''if the will is there,'' and will be giving the interested parties a fresh document in the next day or so, his spokesman Fred Eckhard said on Monday.

    Informing journalists about the UN chief's visit to Ankara, Eckhard said that on Monday morning the Secretary General conferred with his senior advisers on Cyprus and in the afternoon he first met Turkish President Ahmed Sezer with whom he discussed Cyprus but also Iraq and after that he met with Tayyip Erdogan, the leader of ruling Justice and Development Party.

    Eckhard said Annan told reporters afterwards that he and Erdogan had held a very constructive discussion on Cyprus and again Iraq.

    He quoted Annan as saying that ''on Cyprus we have been discussing and searching for a settlement for a long time and following discussions with the parties we know their concerns and their worries,'' noting that the UN chief announced he would be giving a fresh document in the next day or so.

    Eckhard said the Secretary General was expected to meet with Prime Minister Abdullah Gul on Monday evening before attending a dinner hosted by the prime minister in his honor.

    Cyprus has been divided since 1974, when Turkey invaded and occupied its northern third. The two sides are negotiating a revised solution plan submitted to them by Annan in December 2002. Annan will be in Cyprus on February 26.

    [27] National Council to convene on Wednesday, says spokesman

    NICOSIA 25/02/2003 (CNA/ANA)

    The National Council will convene on Wednesday because of developments on the Cyprus problem, government spokesman Michalis Papapetrou said here on Monday.

    Commenting on the optimism expressed in Ankara by UN Secretary-General Kofi Annan that the Cyprus problem can be solved by the end of the month, Papapetrou said he did not doubt ''the international community is hoping for a change in the Turkish stance at the last moment.''

    He said outgoing President Glafcos Clerides ''is present at developments on Cyprus,'' without clarifying whether Clerides will attend the meeting between UN Secretary-General Kofi Annan and newly-elected President Tassos Papadopoulos later this week.

    Papapetrou said Clerides and Britain's Special Representative for Cyprus Lord David Hannay examined the latest developments on Cyprus during their working breakfast on Monday morning.

    Invited to specify if the latest developments include the UN memorandum presented to Papadopoulos, the spokesman replied ''the latest developments include everything that the UN Secretary-General has said in Ankara yesterday, that he looks forward and believes there are preconditions for a solution to the Cyprus problem in the next few days.''

    Asked if he shares Annan's view, the government spokesman said ''if there is the political will, I believe it is possible,'' adding that ''it might not be by Friday, but very soon, if the Turkish side expresses a political will.''

    To a question whether there are any such indications, Papapetrou recommended patience, in view of the UN chief's arrival on the island. Annan will visit the island from February 26 to 28.

    ''This is the moment of Cyprus. Cyprus is going through the most critical moments of its history, at least in the past 30 years, and I think it is necessary now, more than ever, that everyone realizes their responsibilities and works together for this place and for future generations,'' Papapetrou added.

    He said Clerides convened the National Council following an understanding with Papadopoulos. ''The Council will meet because conditions and developments make it necessary to convene,'' he added.

    [28] Lord Hannay sees momentous week ahead for Cyprus

    NICOSIA 25/02/2003 (CNA/ANA)

    Britain's Special Representative for Cyprus, Lord David Hannay, said on Monday the offer made by his country regarding the British Bases on the island has the full support of the British government but did not wish to go into details.

    He added that this was a ''very momentous week for Cyprus,'' during which important decisions would be taken, either positively or negatively or by default.

    Speaking after meeting the British envoy, House of Representatives President Demetris Christofias said a solution should be acceptable by all so that the end result would be placed before the people in a referendum, which will be positive for the Greek Cypriot side.

    Asked about the British proposal to return part of the Sovereign Bases Areas, Lord Hannay said, ''I have nothing to add to or to subtract from what is in the paper transmitted by the Secretary-General to the governments of Greece and Turkey and to Mr. (Rauf) Denktash and Mr. (Tassos) Papadopoulos and to Mr. (Glafcos) Clerides, which contains the nature of the offer which has been made by the British government,'' he said.

    The Foreign and Commonwealth Office said the UK has agreed to cede part of the Sovereign Base Areas consisting of 45 square miles, equal to just under half of the total of the SBA, that the offer is included in the third part of the revised Annan plan and will be valid only if both sides on the island agree to the UN proposals.

    Lord Hannay said ''this is a very momentous week for Cyprus. This is a week in which some important decisions will be taken either positively or negatively or by default.''

    He explained that ''by default I mean if decisions are not taken, opportunities get missed.''

    ''The British government is very helpful. We have invested quite a lot of effort, have made a contribution, which you are familiar with in the latest ideas put forward by the Secretary General, of our own, to the settlement of the problem which we hope will have a positive effect and we will be doing everything we can to help but it is not we who will be taking the decisions. The decisions will be taken by Cypriots, first by their leaders and then by their electorates who are faced with a referendum'', he said.

    Furthermore, he said he fully agrees with Christofias that ''there is no point in having all this effort diplomatically if at the end of it the result is rejected in the two referendums'', adding that ''this is really vital.''

    Christofias said ''there is a consensus of views (with Britain) that the Cyprus problem should be solved the soonest because it is high time''.

    ''Our view is that a move by the UN Secretary-General should be balanced and should take into consideration the interests of Cyprus and the two communities and not the interests of foreigners.

    He said that, based on statements, the UN Secretary-General is coming to Cyprus ''determined to find a solution to the problem now.''

    ''We hope that he manages to do this, taking into consideration the UN Security Council resolutions on Cyprus,'' Christofias said, adding that ''we are ready to continue the dialogue, to defend the fundamental principles'' with good will and determination for a Cyprus settlement.

    [29] Cox urges sides to give-and-take on Annan plan

    NICOSIA 25/02/2003 (CNA/ANA)

    President of the European Parliament Pat Cox has urged the two sides in Cyprus, in a spirit of give-and-take within the parameters of the Annan plan, to seize the opportunity for reconciliation and lasting peace.

    ''On the eve of the visit of the Secretary-General of the UN, Mr. Kofi Annan, to Cyprus, and in the context of the convincing electoral victory of President-elect Tassos Papadopoulos, whom I warmly congratulated on election-night, I would urge all the authorities on the island of Cyprus, in a spirit of give-and-take within the parameters of the Annan Plan, to seize this opportunity for reconciliation and lasting peace," Cox says in a statement.

    He adds that ''the prospect of a reconciled Cyprus joining a reconciling Europe is one earnestly still to be desired."

    [30] US envoy meets Turkish officials

    ANKARA 25/02/2003 (CNA/ANA)

    US State Department Coordinator for Cyprus Thomas Weston arrived in Ankara on Monday, as diplomatic activity continues intensely due to UN Secretary-General Kofi Annan's visit to the region, in a bid to make headway towards a negotiated settlement and possibly meet the deadline of February 28 for a solution.

    Thomas Weston will hold a series of contacts with Turkish officials.

    He was scheduled to meet later on Monday with Foreign Ministry Undersecretary Ugur Ziyal.

    According to the Turkish news agency Anadolu, Ziyal also held meetings late on Sunday with US Ambassador to Turkey Robert Pearson and UN Secretary-General's Special Adviser on Cyprus Alvaro de Soto.

    Weston traveled to Turkey from Cyprus for what he described as his most important trip to the island, and he will be returning Wednesday after a stop in Athens for consultations with Greek officials.


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