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13/11/2003  
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TOP STORY
Greece a model to avoid Economist Corporate Network holds lessons for new EU members

In a stinging appraisal of Greece's economy after its accession to the EU, a report by the Economist Corporate Network has presented Greece as an example for the countries of Central and Eastern Europe to avoid after they join the union in May.
FRONT PAGE NEWS
The Cartoon Of The Day
Germans sell stake in Eurobank
Deutsche Bank yesterday rocked Greece's banking sector by announcing suddenly that it was selling off its 9.3 percent stake in EFG Eurobank, a private bank that is Greece's third largest in terms of assets.
Turkey has 6 days to pay Loizidou
BRUSSELS (AP) - The Council of Europe yesterday gave Turkey one more week in which to comply with a court ruling ordering it to pay 680,000 euros in damages to a Greek-Cypriot woman for depriving her of access to her property following the 1974 invasion of Cyprus.
Anarchists protest at PM’s door
Catching their police escorts off guard, some 150 anarchists on a motorcycle protest drove unhindered to Prime Minister Costas Simitis's private residence in central Athens yesterday night, where they held an impromptu demonstration seeking the release of seven people held since the June 21 anti-EU riots in Thessaloniki.
Citibank bomb intrigues police
Counterterrorism experts were yesterday investigating the remains of a time bomb left outside an American bank in Athens on Tuesday night, to assess whether the attack could be linked with resurgent members of a left-wing terrorist group believed to have been all but eradicated.
Boy, 17, and wife, 13, found hanged in tree
A northern Greek teenager and his child-bride of six weeks were found dead yesterday after hanging themselves from a tree, apparently in desperation after the youth's parents insisted that they should divorce.
IN BRIEF
Remaining section of key road to open on December 2 : A major section of the Attiki Odos highway — between the Metamorphosis junction on the Athens-Lamia national road and the Elefsina tollgates — is to come into operation on December 2...
Government ‘does not share’ composer’s opinions on Jews : The Greek government “does not share” the opinions of Jews expressed by composer Mikis Theodorakis last week...
Provisions approved for new law : Deputy Agriculture Minister Fotis Hadzimichalis yesterday approved six provisions detailing recent legislation for the protection of stray animals...
Iraq bombing : Foreign Minister George Papandreou condemned yesterday’s suicide bombing in Nasiriyah, southern Iraq...
Rally restrictions : Teams of police officers will henceforth be assigned to restrict demonstrations and protest rallies to as small an area as possible...
Camera damage : A Thessaloniki municipal councilor was yesterday charged with criminal damage for severing the cable of one of the 42 surveillance cameras...
Lawyers strike : The trial of 19 November 17 suspects — and all other trials — will be suspended until Monday...
No cheap kiss : Private television channel Mega has been fined 100,000 euros by the National Broadcasting Council for a scene in a weekly drama...
Clemenceau : The Clemenceau, a decommissioned French aircaft carrier stranded for almost a month in the Mediterranean...


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A woman walks past...
EDITORIAL
Signs of crisis
The narcissism of the prime minister and his ministers, and the demands of government propaganda have kept the administration's financial executives from acknowledging the true state of the economy. Without exception, PASOK officials brush aside any suggestion of structural shortcomings or of their own managerial mistakes as ill-thought, biased criticism...
COMMENTARY
Boisterous politicians
The battle is heating up between the two main parties in an election campaign that has not even officially begun, according to the government which wants to clash with New Democracy while avoiding the impression that its actions have pre-election character. One cannot predict the behavior of the two front runners in the runup to the election. But if the verbal exchange between the two so far is a sign of what is to come when the campaign actually gets under way, then we are sure to witness a pitiful spectacle. For the time being, the verbal volleys being traded between the two big rivals have been little more than hot air. Statements aimed at stirring up passions, blatant generalities, colorful and scurrilous jibes are the basic ingredients of an encounter which has nothing to do with politics.
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