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  Wednesday March 21, 2007 - Archive
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21/03/2007  
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TOP STORY
Tighter pension fund rules Government bans risky investments in bond derivatives, calls deeper probe

As the government braces for the political fallout from a scandal involving a state pension fund paying an exorbitant amount for a bond, the Finance and Labor ministries yesterday announced tighter restrictions on investments from social security funds.
FRONT PAGE NEWS
The Cartoon Of The Day
Reward offered to catch terrorists
The government and the US Embassy in Athens yesterday offered some 1.6 million euros as a reward to anyone...
Ministry divides up road map
The government said yesterday it will launch an ambitious plan to help identify state organizations...
Alex’s parents plead for help
The mother and stepfather of 11-year-old Alex Meshivili, who disappeared in Veria, northern Greece, last February, have pleaded...
Old buses, trucks hike crash rate
About 40 percent of traffic accidents in Greece involve buses or trucks and twice as many people die in such crashes...
Eight-hour sleep has become just a dream
Only a quarter of people sleep the eight hours each night that doctors recommend, medical experts said yesterday...
IN BRIEF
Papadopoulos and Talat fail to agree on meeting for reunification talks : Turkish-Cypriot leader Mehmet Ali Talat yesterday turned down an invitation from Cypriot President Tassos Papadopoulos...
Drive-by murder Man shot dead on Thessaloniki road : A 40-year-old man was killed in a drive-by shooting in Thessaloniki yesterday in what police think...
Policeman critical : The officer in charge of the Pyli police station in central Greece was in a serious condition in the hospital last night...
DEKA trial : An Athens appeals court will resume a trial on March 29 of officials from the State Portfolio Management Agency (DEKA)...
Forged residencies : A foreign national was arrested in Omonia Square, central Athens, on Monday suspected...
Food fines : A food importer and 14 vendors from outdoor street markets have been fined for passing off imported Egyptian potatoes...
TODAY : Prime Minister Costas Karamanlis meets with former New Democracy president Miltiadis Evert at noon...


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A man ambles...
EDITORIAL
Wanted: A bit of common sense
When choosing a candidate for a key state sector post, the sensible thing to do is to pick someone with the requisite qualifications. But in Greece, it's the party acolytes that get the job. Common sense dictates that the people who manage properties worth billion of euros must be experts with good knowledge of how the stock market functions. In Greece, though, it's those with a good grasp of party backstage shenanigans.
COMMENTARY
An open wound
Greek society has fallen in love with inertia and misery. Even obvious issues take endless discussions and verbal skirmishing before they are settled. In a way, we are a bad copy of France, where endless discussions have failed to rescue its increasingly overdrawn social welfare system.
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