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To: MNI who wrote (15730)1/11/2000 12:27:00 PM
From: George Papadopoulos  Respond to of 17770
 
Greece and Italy call for end of Serbian sanctions

ATHENS, Jan 11 (Reuters) - Greece and Italy on Tuesday called for early democratic elections in Serbia and an eventual lifting of
the embargo that has been imposed on their Balkan neighbour.

Prime Minister Costas Simitis and his Italian counterpart Massimo D'Alema, who is on a two-day official visit to Greece, urged the
European Union and the United States to support efforts for Serbian democracy.

The two leaders also backed Serb opposition calls for early elections with international guarantees for their transparency and an
eventual lifting of the embargo.

``Greece has always supported the view that the embargo cannot solve the problems. If there is not economic development in the region, there will not be calm in the
Balkans,' Simitis told reporters after a one-hour meeting with D'Alema.

``The point is not to help one side or the other. We must pursue democracy,' Simitis added.

D'Alema also called for the lifting of sanctions against ordinary Serbs, especially in the fields of air transportation and the supply of natural gas.



To: MNI who wrote (15730)1/11/2000 1:29:00 PM
From: goldsnow  Read Replies (1) | Respond to of 17770
 
Germany's biggest union, IG
Metall, demanded wage increases of as much as 5.5 percent for this
year, more than four times the current rate of inflation.

The wage demand, which exceeded analysts' expectations,
boosted bond yields as investors speculated that the European
Central Bank will need to raise borrowing costs to prevent growing
spending power from igniting inflation.

quote.bloomberg.com