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31/08/2005  
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Firms weigh energy costs Some producers take on higher petrol charge to protect market share

The government tried to soothe fears yesterday of the impact soaring oil prices will have on consumers' pockets, saying that higher energy costs are likely to be partly absorbed by producers, as it steps up efforts to reduce Greece's thirst for the costly energy source.
FRONT PAGE NEWS
The Cartoon Of The Day
Unions bridging the divide before TIF
Unionists put aside their party-political differences yesterday to agree on the form which their protest over the government's labor reforms will take next month after the prime minister lays out his economic vision...
Jordan waves in ‘new era’ at Patriarchate
Eight days after Theophilos was voted in as the new Jerusalem patriarch, he received yesterday his first official backing from one of the three governments...
Silent aircraft causes scramble
Just 16 days after the Helios crash, a Czech charter flight which did not respond to air-traffic controllers when it entered Greek air space yesterday...
Germans want ideas on security
The government will be looking to earn back part of the 1 billion euros it spent on security during the Olympic Games last year...
IN BRIEF
Investigation chief starts taking statements from officials, experts : The head of Greek team investigating the fatal crash...
Athens prefect files suits against owners of 9 suspect businesses : Athens Prefect Yiannis Sgouros yesterday filed lawsuits against...
Burnt forest gets 3 million euros : More than 3 million euros from the European Union's Cohesion Fund has been made available...
Bather killer : A 29-year-old Iranian national accused of drowning a 72-year-old woman...
Forest fires : Firefighters yesterday evening struggled to contain two forest fires...
Climber safe : A German mountain climber was flown to a hospital by helicopter yesterday...
Drugs busts : Police and border guards yesterday seized more than 130 kilos...
Train death : A 55-year-old woman died after suffering a heart attack...
False theft : A 25-year-old Thessaloniki man was yesterday charged...

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A beach volleyball player serves...
EDITORIAL
Protecting free competition
 The high cost of living has long been a pet subject for the media and the professed enemy of all governments. Consumers, the first victims of soaring prices, are hardly convinced by pundits arguing that the law of supply and demand automatically punishes profiteering and reduces prices. Day-to-day experience demonstrates that the market alone...
COMMENTARY
Political catalyst
 The conservatives' intention to introduce a 42 percent threshold for the election of local government officials in the first round has triggered a great deal of political controversy. Interestingly, some senior Socialist cadres and political pundits have distanced themselves from the official party line.
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