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  Saturday August 30, 2003 - Archive
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30/08/2003  
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TOP STORY
Olympic Airways slims into Airlines Legislation for new company reduces labor costs by 45 pct, keeps routes and six-ring emblem

After several failed efforts to revive Olympic Airways over the past decade, the government yesterday presented legislation creating a smaller, slimmer airline that would be freed of Olympic's crippling debt, would have half its labor costs and would still carry the six-ring emblem.
FRONT PAGE NEWS
The Cartoon Of The Day
EU, public funds to pay for metro in Salonica by ’08
Renewing a pledge governments make before Thessaloniki's annual International Trade Fair, Public Works Minister Vasso Papandreou said yesterday that Greece's second city will have a metro line in 2008. Speaking in Thessaloniki, Papandreou said 244 million of the 600-million-euro total will come from EU structural funds and the rest from public investments.
N17 suspect throws in the towel
November 17 is politically and operationally finished and beyond revival, a self-confessed group member told the court trying 19 suspected N17 terrorists yesterday.
Bactrian treasure emerges
After remaining locked for 14 years in a Kabul bank vault, which the Taleban Islamist militia tried hard to crack but failed, a gold hoard excavated in northern Afghanistan and associated with the Greco-Bactrian successors of Alexander the Great saw the light of day yesterday.
Gusinsky freed on 100,000-euro bail
A Russian former media baron arrested in Greece last week on an international warrant was released yesterday on bail of 100,000 euros.
Students to help with university assessment
Students at Greek universities are to be given the opportunity to turn the tables on their professors, under draft legislation on the assessment of academic institutions made public yesterday.
IN BRIEF
Warning as temperatures set to hit 40C this weekend : The Civil Defense Authority yesterday warned citizens to take all necessary precautions...
Eighty tons of pesticides taken from Thessaloniki site for destruction : Eighty tons of highly toxic pesticides were removed yesterday from a disused industrial site...
Australia plays down warnings : Warnings issued by the Australian government for travelers to be wary of terrorism in Greece...
Mine landslide : A landslide of 1 million cubic meters of lignite at a mine in Ptolemaida, western Macedonia, yesterday afternoon did not result in any injuries...
Sea rescue : Two men missing since Thursday evening when their yacht capsized off the coast of Zakynthos were found...
Samothrace trance : More than 75 people have been arrested over the past few days for drug possession...
Russian lottery : An Athens court yesterday postponed until November 4 the hearing of a case by Russia’s National Athletics Institute...
Test run : A test event for the Olympic marathon will be staged over the traditional course on November 2...
Bronze medal : Periklis Iakovakis of Greece took the in the men’s 400 meters hurdles at the World Athletics Championship...
School fees : Increases in private for obligatory course subjects and transport costs will not exceed 3.8 percent...


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After drawing...
EDITORIAL
Provincial gripe
The promise made by Public Works Minister Vasso Papandreou yesterday to the citizens of Thessaloniki, that the construction of the city's metro railway will be funded by the Public Investment Program (PIP), is an apparent attempt by the government to defuse widespread discontent there, ahead of Prime Minister Costas Simitis's visit on the occasion of the opening of the city's International Trade Fair.
COMMENTARY
Perilous handouts
Greece has clearly entered a pre-election period. Every initiative by the country's political parties is now taken with an eye fixed on the ballot. The Socialist government, in particular, is expected to overwhelm the public with new measures, handouts and promises in an attempt to gloss up its bruised image and create the most conducive possible environment in which to aim for re-election. As of Tuesday, the government of Costas Simitis will be making a host of announcements that will peak at the International Trade Fair in Thessaloniki early in September. There is nothing strange about any of this, one might well say; we are, after all, in the runup to national elections. The main questions that arise concern the nature and the size of the handouts...
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