Of the stocks trading today 53 recorded gains, while 278 had losses. The adviser responsible for the privatization of the Greek Telecommunications Organization, OTE, will present tomorrow his proposals on the issue of the strategic investor to minister of national economy Yiannos Papantoniou and transportation and telecommunications minister Christos Verelis. The course of the privatization of Olympic Airways will also be discussed. In tomorrow's meeting decisions are expected to be reached on the privatization percentage and the specifications that must be met by the prospective investors. A discussion on the state's policy on war reparations to be paid by Germany to the relatives of civilians executed by Nazis in 1944, will be held by Prime Minister Costas Simitis with the Minister of Justice Michalis Stathopoulos and Foreign Affairs George Papandreou today.
Berlin has yet to comply with the ruling.
The said properties house the German School, the German Archaeological Society and the Goethe Institute and are estimated at eight billion drachmas. The state has apparent reservations on the matter, as government spokesperson Dimitris Reppas hinted yesterday that the government will not condone, at least for now, such as a move. Not so, the plaintiffs' attorney Ioannis Stamoulis challenged, citing cited article 2 of the UN's 1976 International Covenant on Civil and Political Rights, which requires states to enforce legal remedies when granted. Over 63,000 such claims have been filed in First Instance Curt throughout the country, collectively amounting to more than two trillion drachmas. The Cypriot foreign ministry delivered a letter to the United Nations expressing the strong reaction of the Cypriot government to the Turkish violations of the status quo in Cyprus demanding the return to its previous state.