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02/01/2003  
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TOP STORY
Greece is EU president Six-month term begins at a time of major transformation for union

Greece took over the European Union's six-month rotating presidency yesterday at a time when, in the shadow of possible war in Iraq, the EU has to complete the process which will take it from its current 15 members to 25 while also shaping the future of the union and its institutions. Athens's agenda contains five key issues.
FRONT PAGE NEWS
Jail drug and drink binge kills 3 women
The Justice Ministry yesterday denied the existence of a drug-smuggling ring inside Greece's largest prison after three women died in their cells...
Cypriots against hardliners?
With the start of the new year, Cyprus's president and a Turkish-Cypriot opposition leader called on each other's side to help end their islands' division...
Ruling on compound interest
Banks cannot force borrowers to pay compound interest on overdue debts even if that is a term of the contract signed by both parties...
Refugee’s grandson nets 10mln in lottery
A 67-year-old olive farmer from a small island village in the northeastern Aegean was revealed yesterday as the winner of Greece's 10-million-euro New Year state lottery.
IN BRIEF
Strong tremor in western Greece causes no damage or injuries : A strong undersea quake measuring 5.0 on the Richter scale occurred off the Gulf of Amvrakikos...
Politicians, cultural figures conferred with Order of the Phoenix awards : President Costis Stephanopoulos yesterday bestowed the Order of the Phoenix honors...
Charges up from yesterday : Taxi fares are up as of yesterday when the Transport Ministry raised standard rates...
Toystore robbery : A toystore employee was shot in the leg during an armed robbery in Oraiokastro...
Shops closed : Shops and department stores will open tomorrow...
Carolers robbed : Police in Attica were yesterday seeking to identify the youths who attacked...
Paratroopers disband : Under a drive to restructure and modernize the armed forces...
Pirate CDs : Thessaloniki police yesterday arrested six Nigerian nationals...
Cosmonaut honored : Russian cosmonaut Fyodor Yurchikhin, who is of Greek descent...
Body found : The badly decomposed corpse of a man, found on Monday...
Airport disruptions : Ioannina airport reopened on Tuesday morning after two days of heavy fog...


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Serifis walks free on bail
Veteran trade unionist Yiannis Serifis, the 18th and last suspect to be imprisoned last year pending trial in March for membership of the November 17 terrorist group, walked free on New Year's Eve after paying bail of 30,000 euros.
EDITORIAL
National goals
The European Union's decision at Copenhagen to approve the accession of Cyprus proved a spectacular finale to the year. Greece's assumption of the EU presidency yesterday is a major opportunity to strengthen the country's European image. A comparison with Greece's neighbors shows just how much progress has been made since the restoration of democracy in 1974.
COMMENTARY
Looking at ‘lively candles’
The dawn of a new year prompts both individuals and groups to review events, make observations and re-evaluate plans, a process that is rarely a balanced one. When people feel creative and believe themselves to be at the peak of their powers, they review the previous year as a means of benefiting from their experience, and above all as a way of learning from their mistakes, with the emphasis on future plans.
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