Thursday February 23, 2012 Search
Weather | Athens
13o C
9o C
News
Business
Comment
Life
Sports
Community
Gastronomy
Travel
Survival Guide
Greek Edition
Santorini cruise ship wreck 'too costly' to remove

 Government says shipowner and insurance company have to pick up 150-million-euro bill

The government says it is not in a position to salvage the wreck of the Sea Diamond cruise liner, which sank of the coast of Santorini four years ago.

Two people drowned when the cruise ship hit a rocky outcrop close to the island’s shore in April 2007. The wreckage of the ship has remained on the sea bed ever since, much to the annoyance of the island’s residents.

Responding to a question in Parliament, Marine Affairs Minister Yiannis Diamantidis said that the government cannot afford to remove the ship’s hulk.

“The ministry cannot raise this shipwreck,” he said. “We do not have the finances to do it as it will cost more than 150 million euros and this is an issue that the shipowner and insurance company have to deal with.”

Louis Cruise Lines, which owned the ship, has firmly rejected any responsibility for the sinking.

ekathimerini.com , Tuesday May 24, 2011 (11:45)  
Samaras softens stance on ND rebels
´Show yourself,´ Justice Minister tells MP who transferred cash abroad
´We pay taxes too,´ says the Church
Radio station fined for Merkel abuse
FINANCE
Supplementary budget appears more realistic
The supplementary budget tabled in Parliament on Wednesday includes a much more realistic approach to the current fiscal conditions, as it takes into account the deep recession recorded. The...
BUSINESS
Private hospitals falling victim to red tape snarl-ups
Private hospitals in Greece have seen a significant drop in revenues over the past year, on the one hand due to the debts accrued by social security funds to private healthcare institutes an...
Inside Business
BASKETBALL
Greens and Reds set one more Cup final date
Once again the Greek Cup final will see the clash of holder Olympiakos with champion Panathinaikos, after the pair saw off their semifinal opponents at home in emphatic fashion over the week...
SOCCER
Greens win in Crete to stay top
Panathinaikos retained its two-point lead over Olympiakos on the soccer table after defeating Ergotelis 2-0 in Crete on Saturday. Goals by Simao Mate Junior and Haris Mavrias early in the se...
Inside Sports
ANALYSIS
Debating whether Greece should stay in the euro or not, while we still can
“I don’t want to hear your life story when you ask a question,” BBC presenter and debate moderator Zeinab Badawi warned the large audience at the Hellenic Cosmos theater in Athens on Tuesday...
LETTERS
On elections, SMEs, investment, populism, reforms
As usual, Mr. Papachelas has given an accurate editorial opinion as to the state of Greece and the mentality of the people. Having lived in Greece for over 30 years, and seeing first hand th...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
 RECENT NEWS
1. Supplementary budget appears more realistic
2. Private hospitals falling victim to red tape snarl-ups
3. Race to pass bailout legislation
4. SMEs folding at a rate of 1,000 per week
5. Samaras softens stance on ND rebels
6. ´Show yourself,´ Justice Minister tells MP who transferred cash abroad
more news
Today
This Week
1. Implementation bill, PSI go to Parliament
2. Furor over MP who took 1 mln euros out of country
3. Protest in Athens on Wednesday
4. Running out of time
5. Social security fund staff walkout
6. Bunds slip amid Greek bailout doubts
Today
This Week
1. Finmin: some want Greece out of eurozone [UPDATE]
2. ‘We Are All Greeks Now’ rallies in Europe, US
3. Papademos hails 'historic' deal for new loans, debt reduction
4. Thieves steal artefacts from Ancient Olympia museum
5. Solidarity and scapegoats
6. Implementation bill, PSI go to Parliament
Advertiser Link
Get More at TradeKey.com
Source 1000's of Foreign Buyers, Manufacturers and China Suppliers now!
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  International Herald Tribune  |  RSS
Copyright © 2012, H KAΘHMEPINH All Rights Reserved.