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Saturday September 24, 2005 - Archive

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24/09/2005

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TOP STORY
Disaster on Santorini One tourist killed, six injured after vast roof falls on ancient site A male tourist was killed and at least six people were injured when a huge state-of-the-art steel roof covering the Akrotiri archaeological site on Santorini collapsed yesterday afternoon.

FRONT PAGE NEWS

The Cartoon Of The Day


Greece looks to heavens for security

The government is considering launching a network of 12 lightweight satellites into orbit primarily to monitor Greece's borders for illegal immigration and construction, a source said yesterday.

Many Greeks at least bilingual

One in two Greeks can communicate in a foreign language, according to a survey held by the European Commission, while only about a third of people in countries like Britain and Italy can speak a language other than their mother tongue.

Alternative OA plan if privatization fails

The government is preparing an alternative plan for Olympic Airlines if it fails to sell the company to private investors, Economy and Finance Minister Giorgos Alogoskoufis said in an interview to state television ERT yesterday.

Migrants save more, borrow less

Economic migrants to Greece save on average twice as much of their incomes as do locals, a series of studies by commercial banks has found.

IN BRIEF

Karamanlis and Chirac agree to work on forging closer military ties : Prime Minister Costas Karamanlis agreed with French President Jacques Chirac yesterday...

Robbers lock pair in car trunk before plundering their bank account : Four armed assailants abducted a young couple...

Carrier's fares to go up by 13 euros : Tickets for each leg of long-haul international flights conducted by national carrier...

Calatrava criticism : The redevelopment of a 28-hectare expanse in central Thessaloniki...

Fine intact : The Merchant Marine Ministry denied a local press report yesterday...

Electronic theft : Three men were detained in Thesprotia, northwestern Greece, yesterday...

YMCA contribution : Thessaloniki city council will give 30,000 euros to rebuilding...

Traveling medics : State hospital and military medics will today begin touring a group of small islands...

Mayor attacked : The mayor of Tylissos, near Iraklion in Crete, was in hospital yesterday...

Kifissias works : Traffic will be disrupted on Kifissias Avenue at Maroussi tomorrow...


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EDITORIAL

Misbehaving in the waiting room The legal case against novelist Orhan Pamuk and the court decision halting an academic conference dealing with the massacre of Armenians under the Ottoman Empire (which will go ahead nevertheless), organized by three Turkish universities, suggest that the Armenian genocide is more than just a taboo in the neighboring country.

COMMENTARY

War of interests Given that in Greece the state manages almost half of the country's GDP, local business interests are competing fiercely to get their hands on state contracts. So much the better, as taxpayer money goes to support domestic production, which in turn helps create new jobs. For example, public procurements this year alone reach 3.5 billion euros, while investments by public utilities will hover at 2.7 billion. An extra 5 billion euros will come from public investments and subsidies.

OPINION

Curbing consumer borrowing Should measures be taken to curb consumer borrowing? Of course bankers would say no. They insist that, in view of our national income, borrowing is significantly lower than in other European Union countries.

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