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Saturday July 21, 2007 - Archive

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21/07/2007

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TOP STORY
PM, Merkel see eye-to-eye Greece and Germany hail ‘excellent’ relations as Eurofighter deal mooted Greece and Germany enjoy «excellent» relations that could soon grow stronger, particularly on defense issues, Prime Minister Costas Karamanlis and Chancellor Angela Merkel indicated after meeting in Athens yesterday.

FRONT PAGE NEWS

Danger still high as forest fires ease

Improved weather conditions helped firefighters to contain blazes in different parts of Greece...

An Evzone...

An Evzone (traditional elite sentry) stands guard at the Tymvos Makedonitissa military...

Opposition to Acropolis Museum

Protests by architects and citizens have intensified ahead of the planned demolition of two listed buildings...

One in five teens fat, study says

One in five teenage boys in Athens is overweight, according to the results of a study...

Bodies found after 30 years

The remains of three American divers who went missing while exploring underwater caves near Athens...

Nurseries open earlier to welcome extra kids

Nursery schools will open one hour earlier from September when all 5-year-olds will have to attend school...

IN BRIEF

Temperature to hit 39C today and rise 1C every day until Wednesday : The temperature in Athens is expected to reach 39 Celsius (102 Fahrenheit)...

OSE finds that station masters and Proastiakos driver 'caused' accident : Human error was to blame for a Proastiakos suburban railway train colliding head-on with a freight train in Sepolia...

Airline and pilots in disagreement : Fifty Olympic Airlines passengers were forced to spend Thursday night in Lemnos airport...

Four killed : Four youths were killed in a car accident close to Xanthi...

Holiday season : More than 35,000 people are estimated to set sail for one of the islands...

Brokers sentenced : An Athens misdemeanors court yesterday handed three stockbrokers two-year jail sentences each...

Tinos wetland : The Ombudsman recommended yesterday that authorities stop issuing construction licenses...

Upset farmers : Farmers are expected to block parts of the national highway near Larissa...


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Archbishop Christodoulos waves...
EDITORIAL

Using that foreign capital Foreign capital inflows in the first five months of 2007 reached 20.5 billion euros, compared to 11.8 billion in the same period last year. Of that sum, 16 billion euros was invested in the bonds market and 4.5 billion in the Athens stock market to buy shares. Even though this capital is highly mobile, the massive inflows show that foreign players have confidence in the credibility and future of our economy. It is not just the hedge funds ...

COMMENTARY

A new tenure Costas Karamanlis's biggest challenge, for himself and his party, since coming to power has been to win a second consecutive term. The specter of New Democracy's defeat in 1993, then led by Constantine Mitsotakis, has haunted the new leader. Karamanlis had to prove that his rule was not just a brief spell in long-running Socialist hegemony.

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