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  Thursday January 20, 2005 - Archive
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20/01/2005  
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TOP STORY
2006 set as deficit target Alogoskoufis admits that ‘ambitious’ measures may fall short this year

Greece will definitely lower its budget deficit to within the eurozone limit by the end of 2006, despite the fact that the public finances are racked by serious problems, Economy and Finance Minister Giorgos Alogoskoufis said yesterday.
FRONT PAGE NEWS
Protest outside the Economy and Finance Ministry...
Pinball machine and video game technicians protest outside the Economy and Finance Ministry...
Tender bill stirs strong emotions
One day after talks on the sale of a major media group broke down...
Consumers carry on complaining
Unsatisfactory services provided by weight-loss centers and gyms, as well as defective or overpriced household appliances...
EU action on carbon emissions
BRUSSELS (AP) - The European Union yesterday sued Greece, Belgium, Finland and Italy for failing to take steps...
Gunman dies in car crash
A Thessaloniki man was killed in a car crash on Tuesday night shortly after he had shot and injured a woman...
Thief makes time fly in Rolex heist escape
A robber and his two accomplices escaped from a crowd of pursuers in central Athens yesterday...
IN BRIEF
ERT gives Foreign Ministry check for 15 million euros, says more to come : State broadcaster ERT President Christos Panagopoulos yesterday...
Companies bid to shift sludge : The Athens Water and Sewage Company (EYDAP) yesterday announced the names of seven firms...
Lady O : Coast guards yesterday discovered a plastic life raft northwest of Chios and a circular...
ELA release : A member of the Revolutionary Popular Struggle (ELA) terror group, Christos Tsigaridas...
Racing sentences : An Athens misdemeanors court yesterday convicted three motorists who had been taking part...
Xanthi union : A decision by Greece's Supreme Court last week to ban the Turkish Union of Xanthi is «worrying,»...
Road menace : A 20-year-old Cypriot motorcyclist who caused the deaths of a brother and sister after crashing...
Horse crash : Police in Rio were yesterday seeking the owner of a horse which bolted out in front of a car...

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Calendrist Orthodox Church’s Epiphany Day...
EDITORIAL
Truth about deficit
 Admitting that the country's finances are not at their best this year and characterizing as very optimistic the budget which is supposed to reduce the deficit from 6 percent to 2.8 percent by the end of the year, Economy Minister Giorgos Alogoskoufis has once more drawn attention to the government's break with the «virtual economy» during the Simitis-Christodoulakis era when everything was presented as idyllic.
COMMENTARY
Politics and soccer
 Whenever one of the major soccer teams finds itself in a difficult position, either because of accumulated debts or because it is held accountable for fan violence, it can always count on valuable political support. Club owners, who are responsible for their teams' blatant financial mismanagement, are relieved to find a helping hand in the shape of politicians who ensure their debts are written off.
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