Author: Athanasios Koutoupas

  • Egypt, Russia to finalise contracts for Dabaa nuclear plant within two months

    Egypt, Russia to finalise contracts for Dabaa nuclear plant within two months

    The government is set to complete the agreement on two contracts with Russia regarding the Dabaa nuclear power plant within two months. The two contracts include provisions on technical support, operation, maintenance, and fuel depots.

    Government sources said that Egyptian and Russian officials are meeting daily, in presence of the technical advisor for the project, WorleyParsons, and the legal adviser, Shearman & Sterling, to finalise the rest of the contracts.

    The sources added that the two parties expect the contracts to be ready within two months. After the draft is completed, the contract will be sent to the State Council for approval.

    The commercial contract between Egypt and Russia to establish, supply, and operate the Dabaa nuclear plant includes four agreements: the main establishment, fuel supply, technical support during operation, and establishing storage for consumer fuel.

    Following the State Council’s approval, the Egyptian presidency will organise an inauguration ceremony attended by President Abdel Fattah Al-Sisi and Russian president Vladimir Putin. This is expected to take place in June, according to the sources.

    They furthermore said that talks and consultations are ongoing regarding the spare parts of the plant and the details of their shipment, next to penalties for non-compliance regarding timely payment of instalments.

    The sources added that the discussions with the Russian side are very clear and that both parties share the same concept, which is to reach the best technical, financial, and legal solutions in the contract to avoid future problems.

    Egypt signed an agreement with Russia to establish a nuclear power plant in Dabaa with a capacity of 4,800MW for $30bn.

    Russia will provide a government loan of $25bn to finance equipment and services for construction and operation.

    The loan is used to finance 85% of the value of each contract to implement works, services, and shipments of the project. The Egyptian side will pay the remaining amount, representing 15% in the form of instalments. The amount will be paid for the benefit of the authorised Russian institutions in a way that suits the contracts, in the form of an advance or any payment that is made later after implementing works and services and delivering supplies. The term of the loan is 13 years over the period from 2016 until 2028, at a 3% annual interest rate.

    (www.dailynewsegypt.com)

  • Greece offers ancient archaeological wonders in exchange for Elgin Marbles

    Greece offers ancient archaeological wonders in exchange for Elgin Marbles

    Greece has called for the return of the so-called Elgin Marbles from the British Museum as a symbolic act in the fight against anti-democratic forces seeking “the dissolution of Europe”.

    The Athens government, which decided against taking legal action against the UK last year, will instead renew diplomatic efforts with an offer to regularly loan some of the wonders of Ancient Greece to British institutions in exchange.

    While it is unknown what might be offered, Greek museums hold astonishing art works created in antiquity. The arrival of art such as the “golden mask of Agamemnon” or the statue of Zeus/Poseidon could be expected to cause the same kind of interest as the first arrival in the UK of the Terracotta Army from China in the 1980s.

    The Marbles, taken by Lord Elgin more than 200 years ago when Greece was part of the Ottoman Empire, represent about half the sculptures that once adorned the Parthenon temple. It was built in Athens about 2,500 years ago after the world’s first democracy fought off attempts by the Persian Empire to conquer the city. The sculptures are widely recognised as among the finest ever created.

    Lydia Koniordou, the Greek Minister of Culture and Sport, said allowing the restoration of this founding monument of Western values would send a message about Europe’s commitment to democracy – at a time when many believe this is under threat from rising nationalism.

    “The reunification of the Parthenon Marbles will be a symbolic act that will highlight the fight against the forces that undermine the values and foundations of the European case against those seeking the dissolution of Europe,” Ms Koniordou said.

    “The Parthenon monument represents a symbol of Western civilization. It is the emblem of democracy, dialogue and freedom of thought.”

    Greece is carrying out restoration work on the Parthenon and has built a museum specifically designed to display the sculptures, but currently only has slightly less than half of them. Other fragments are held by several museums in Europe. 

    Elgin’s staff removed the sculptures somewhat crudely – for example, the heads of a centaur and a human in a dramatic fight scene are in Athens, while their bodies are in London.

    “We must consider that the Parthenon is a monument that represents our democratic Europe so it is vital that this monument be returned to its former glory.”

    In a statement, IARPS said the Greek government had “resolved to renew and intensify its efforts for the return of the Parthenon Sculptures”.

    “The centrepiece of Greece’s renewed push for the return of the sculptures will be a proposal – made in a true spirit of compromise – to offer recurring, long-term loans of rare archaeological treasures from Greek museums in exchange for the return of the Parthenon Sculptures from the British Museum,” IARPS said.

    “Greece and its supporters will not rest until all the known surviving sculptural elements from the Parthenon are reunited in the Acropolis Museum in full view of the monument which they once adorned.”

    The European Union and other international creditors have demanded policies of austerity in exchange for keeping the economy afloat with huge loans. At the same time, Greece has been struggling to cope with the influx of refugees fleeing the brutal civil war in Syria.

    While nationalism has been rising across Europe, the violent, neofascist Golden Dawn party is now Greece’s third largest party with support from about 10 per cent of voters.

    In January, one of Golden Dawn’s leaders told The Independent that Donald Trump’s election had “given us a new wind of support”.

    “It’s validating and reinforcing our nationalistic and patriotic policies – policies that we have been advocating for years,” Elias Panagiotaros said.

    “We should follow Trump’s beat. We shouldn’t leave Greece like an open field for migrants to come and go as they want. We should reclaim our country and our interests and put them first, just like Trump.”

    Andrew George, chairman of the British Association for the Reunification of the Parthenon Sculptures, said returning the sculptures to Athens would help the UK’s reputation in Europe following the Brexit referendum vote.

    “Britain has nothing to lose and so much to gain from engaging with the Greek Government in this way,” he said.

    “A gracious act by the British would lift our reputation at the very moment our otherwise threadbare negotiating position with the EU appears so grubby and self-seeking.

    “Such a high level and deeply symbolic gesture of this kind would also help counteract the tide of growing right-wing intolerance that is taking hold across Europe.

    “Britain has nothing to lose but a deeply damaged reputation – having clung on for over 200 years to such important artefacts which were stolen from the Greeks when they could do nothing to stop it – and has much to gain at the very time Britain’s reputation needs enhancing amongst those countries it wants to do a deal with.”

    And the offer of ancient treasures from Greece “would more than compensate for the apparent loss” of the Marbles, he said.

    The British Government has routinely dismissed calls for the return of the sculptures to Greece.

    A spokesman for the Department of Culture, Media and Sport said: “The Parthenon sculptures were acquired legally in accordance with the law of the time. They are the responsibility of the trustees of the British Museum who are legally responsible for their care.”

    (www.independent.co.uk)

  • Gunmen Kill Police in Attack Near Egypt’s Iconic St. Catherine’s Monastery

    Gunmen Kill Police in Attack Near Egypt’s Iconic St. Catherine’s Monastery

    Gunmen attacked security forces near St. Catherine’s Monastery in Egypt’s south Sinai on Tuesday, killing at least one police officer and injuring four others, the Health Ministry said, just a week after two deadly church bombings killed 45.

    Islamic State claimed responsibility for the attack on a police checkpoint about 800 meters (yards) from the entrance to the monastery, one of the world’s most important Christian sites.

    The attack comes just 10 days before Pope Francis is scheduled to visit Egypt and just over a week after two deadly suicide bombings on Christian churches, also claimed by Islamic State, plunged the country into mourning and marked one of the bloodiest days for the country’s Christian minority in decades.

    St . Catherine’s, founded in the 6th century and located at the foot of Mount Sinai, is one of the oldest Christian monasteries in the world and a UNESCO world heritage site. It is part of the Eastern Orthodox church.

    Egypt’s Christian minority, which makes up about 10% of the country’s 92 million people, has increasingly been targeted by Islamist militants, with three deadly church attacks in the span of four months.

    In February, scores of Christian families and students fled North Sinai province after a spate of targeted killings.

    A successful assault on St. Catherine’s would be the latest challenge to President Abdel Fattah al-Sisi, who has pledged to protect the religious minority as part of his campaign against extremism.

    Egypt has for years been battling an Islamist insurgency in the rugged and thinly populated northern Sinai, which gained pace after the military overthrew President Mohamed Mursi of the Muslim Brotherhood in 2013 following mass protests against his rule.

    Attack s in Egypt’s southern Sinai, a popular destination for tourists dotted with Red Sea resorts, are by contrast rare.

    Security sources told Reuters that security had been put on high alert at tourist facilities across southern Sinai after the attack .

    The attack in southern Sinai comes as Russia is expected to make a long-awaited decision on whether to restore flights to the Sharm el-Sheikh resort after a Russian airliner was downed in 2015, dealing a serious blow to the area’s tourism industry, which relies heavily on Russian visitors.

    Egypt’s tourism industry, a crucial source of hard currency, has suffered in the years of turmoil that followed the overthrow of President Hosni Mubarak in 2011, as well as from the suspected bombing of the Russian plane, which killed all 224 on board.

    Israel took the unusual step earlier this month of barring its citizens from crossing into the Sinai peninsula, saying the threat of attack s in the area inspired by Islamic State and other jihadi groups was high.

    (time.com)

  • 16 Killed in Bombing at St Mark’s Cathedral in Alexandria

    16 Killed in Bombing at St Mark’s Cathedral in Alexandria

    A bomb has exploded near St. Mark Coptic Cathedral in Alexandria, just hours after another bombing at St George’s in Tanta.

    According to initial reports, the bomb struck outside the Cathedral, killing 16 people and injuring 41 others.

    Al-Ahram reports that a high-ranking police officer was killed when he intercepted a suicide bomber outside the Cathedral. The police officer has been identified as Emad Al-Rekaiby.

    Coptic Pope Tawadros II, the head of the Coptic Church, was inside the Cathedral at the time of the explosion. Initial reports indicate the Pope is safe. Pope Tawadros II was inside the church presiding over Palm Sunday celebrations.

    According to state media Al-Ahram, security forces have dismantled two bombs near St Mark’s Cathedral in Alexandria.

    The story is still developing

    (egyptianstreets.com)