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03/09/2005

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TOP STORY
Athens eyes a solution Greece hopeful that acceptable statement on Turkey is only days away Athens appeared content yesterday with the outcome of an EU foreign ministers meeting even though diplomats were not able to agree on the wording of a statement castigating Turkey's refusal to recognize Cyprus as attention now shifts to the next round of talks in a few days.

FRONT PAGE NEWS

The Cartoon Of The Day


Advice on how to save energy

As concern grows over the impact that rising oil prices will have on energy prices and the cost of basic goods on the domestic market, the government said yesterday it is preparing to issue households with a practical guide on how to conserve energy.

No force on zealot monks

The Istanbul-based Ecumenical Patriarchate of Constantinople and the Mt Athos monastic community have opted for stealth rather than force in their efforts to evict some 100 ultra-Orthodox monks from the Esphigmenou Monastery.

Air-traffic controllers face Helios charges

Two air-traffic controllers who failed to attempt to contact the doomed Helios aircraft when it entered Greek air space are to face disciplinary charges for negligence after an internal investigation by the Civil Aviation Authority yesterday ruled that they had a case to answer.

Trickle of water reforms

A central authority to oversee the use of Greece's increasingly scant water resources was one of the measures proposed by the government yesterday as it attempts to regulate the way water is used by farmers, businesses and individuals.

IN BRIEF

PM meets industrialists, unionists ahead of next week's Thessaloniki fair : Prime Minister Costas Karamanlis yesterday held talks...

Fifteen firms to face prosecution after hundreds of kilos of rotten goods seized : Athens prefectural officials yesterday indicted managers from 15 different firms...

IKEA recalls faulty goods : The home furnishings store IKEA yesterday said it was recalling its Rabalder three-plug adaptors...

OA probe : European Union regulators conducting an investigation...

Kidnappers caught : Four Pakistani men have been arrested in connection with the abduction and blackmail of two...

Car ring : The arrest in Ano Liosia on Thursday of a 25-year-old man driving a Mercedes...

US Embassy : The in Athens, including the Consular Section...

Ferry accident : A 45-year-old woman was forced to have her right foot amputated...

Female burglars : A 39-year-old woman believed to have burgled 20 houses in the districts of Peristeri and Petroupolis...

Hash haul : Border guards yesterday confiscated more than 60 kilos...


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President Karolos Papoulias...
EDITORIAL

Growth in the sectors that matter The Greek economy is transforming fast. Within the context of an ever-changing globalized world, new sectors are emerging strongly, while traditional ones are being sidelined or simply subside. An ICAP survey, published in today's Kathimerini English Edition, shows that the motors of Greek economic growth are sectors and businesses that are able to compete against market rivals on the international stage.

COMMENTARY

The right path After a year of painstaking efforts and effective measures, the conservative leader and his national economy minister can finally sleep easy. The Greek economy has already overcome the worst: The unnerving fiscal deficits, anxiety over EU deadlines, concerns about impending recession and an unemployment boom have been attributed to the Socialists' devastating legacy. Sure, the New Democracy administration has not created wonders. Nor has it cured all of the economy's ills.

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