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FRONT PAGE NEWS |
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 Euro force ‘no substitute for NATO’ |
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| The European Council, which ended yesterday in Brussels, was dominated by two major issues: a common EU defense structure and infrastructure projects which will integrate European transport, energy and communications networks and help boost economic growth across the EU.
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| Monastiraki plans bite the dust |
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| Award-winning plans to radically redesign Monastiraki Square in one of the most popular areas of Athens have fallen foul of objections raised by Culture Ministry archaeologists, forcing officials to redirect European Union funds earmarked for the square to another project in the capital's center.
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| Enough water for the Games |
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| Although water consumption in Athens is expected to rise up to 50 percent during the 2004 Olympics, the capital's reservoirs are more than amply stocked and will be able to handle extra demand, a water company official said yesterday.
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| Greek-Russian sex gang broken |
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| A well-organized international gang that lured young women from Russia and Kazakhstan to Greece and forced them to work in sex clubs until they paid off their travel costs has been broken in cooperation with Russia's authorities and Interpol, police said yesterday.
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| Pop king’s Panionios to play Spanish giants |
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| All three Greek soccer clubs playing in the UEFA Cup this season barged through the competition's first round, but at least one is in deep trouble following yesterday's second-round draw. Panionios, never a domestic powerhouse, will meet Spanish celebrity club Barcelona. Aris and PAOK face Italy's Perugia and Hungary's Debreceni, respectively.
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Athens Mayor...
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EDITORIAL |
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Petty motives
TV images are relentless and make no exceptions, not even for prime ministers. Without doubt, the prime minister was unlucky in a sense. Had the conversation with British Prime Minister Tony Blair not been recorded by a lurking television camera, it would have never reached the headlines, like much of the corridor talk between government officials at EU summits and other international events. The Greek premier was careless, so what he said to his British counterpart was aired, to the slight shock of the domestic public. |
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COMMENTARY |
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When the Games are over
The pre-election period is tense, but partisan confrontation only skims the surface of the problems are expected to follow next year's Olympic Games. The first hints, the first official mention, were made during Thursday's presentation by Bank of Greece Governor Nicholas Garganas of a report on the domestic economy. Notwithstanding the technocratic lingo that downplayed the looming slowdown, the issue has indeed come into the open. It is a big one: As soon as the Games are over, the Greek economy and, by extension, the public, will be faced with a complex and unfavorable environment for which we have to brace ourselves as of this day. Garganas said that high growth rates have a limited base and noted that current growth is mainly a result of increased demand based on the inflow of EU funds and on public works projects. |
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