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Publication: European Stars and Stripes Monday, December 22, 1986

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   European Stars And Stripes (Newspaper) - December 22, 1986, Darmstadt, Hesse                                Monday. December 22, 1986 the stars and stripes Page 9 Little bits of Holiday magic go a Long Way Ajili Niu lit shoppers in Madrid Spain walk uni tit a id Story christinas tree made of thousands of multicoloured lights decorating Hie front of a div blown department store. Spanish shopkeepers have cd Neil their Normal hours a accommodate the Holiday Rush. At right 3-year-old a no Ocmond of Vancouver British Columbia visits a toy shop in London England. Catching his fancy is the 6-foot-tall Beefeater made entirely of Lego blocks. Blast destroys factory basques blamed Bilbao Spain Al a Madrid government offi Cial said saturday the bombing Ofa Trench business in Bilbao Hal has been blamed on Basque separatists has caused he greatest economic loss Ever due to terrorism in Spain. Police said the bombing of the French company Degremont bore the earmarks of Lite Basque separatist group Eta and appeared to be pan of a Campaign against ranch interests to retaliate for expulsions by France of suspected Eta members a Madrid government Delegate for the Basque area Ramon Jaurigui said the dam Duclion of the firm s three Story budding and an adjacent factory caused damage estimated at several billion pesetas i billion pesetas equals s7.4 million. Police said no one was Hurt in the explosion. The bomb exploded late Friday in a building hous ing the offices of the do Gramond water works offices in the Bilbao suburb of Sandica. No group claimed responsibility. Firefighters who extinguished the Blaze caused by the bomb Early saturday said Only the Degramond building Skeleton remained and the factory was reduced to ashes. A do Bremond official who declined to give his name Defi Remond does engineering design work and manufactures equipment used in water treatment plants. The company s 200 workers condemned the bomb ing saturday in a note to Basque Media. The damages Are much More important than can be estimated at first glance because of numerous other shops businesses and workers who do contract work for do Bremond the note said. Eta a Basque acronym for Basque Homeland and Liberty seeks Independence from Spain for the Bas que Region and has claimed responsibility for 23 bombings of French interests in Spain in the last two months. Since mid july France has Cupelle 26 alleged Eta members to Spain under emergency measures not re Quiring judicial review. On wednesday Eta claimed responsibility for fire bombs in Barcelona Spain s second largest cily that destroyed the offices of the French companies Ricard Anis Teand Roche Bobois. Jaurigui told reporters saturday he believed Eta carried out the bombing and was intent on destroying the future of the Basque Region. The attack is another terrible blow to the image of the Basque country and its capacity to recuperate industrially and economically from a decade Long de Cline that has saddled the Region with Spain s highest unemployment he said. Do Bremond director Pedro Rodriguez Salcedo told police two armed men abducted him an hour before the explosions Friday near his office and told him to inform his employees bombs would go off. Employees and Security guards tipped off by Rodriguez evacuated the offices. Police said they believe two other individuals then planted a bomb on the site. Greece oks 87 budget aimed at cutting inflation Athens Greece a parliament on saturday approved a deficit budget for 1987 that restricts Public spending and seeks to reduce inflation and tax evasion total expenditure is set at $19.57 billion a 19 percent increase from 1986, while the deficit will total $4.7 billion. The government Hopes to bring Down inflation to 10 percent next year from 18 percent in 1986, and also trim the current account deficit to $1.25 billion from a predicted $1.8 billion this year. Revenues Are forecast at $14.8 billion a 21 percent increase Over 1986. The in crease in revenues is expected from a new crackdown on tax evasion a chronic problem in Greece from increased prop erty taws and from the settlement of Long running lax disputes. Parliament also approved a 20 percent increase in defense spending 31.4 per cent More for health and a 13,6 percent Rise for education. Earlier this month the european eco nomic Community approved i he second half of a $1.3 billion special loan on the basis of continued austerity by Premier Andreas Papandreou s socialist govern ment. The government has predicted Public sector borrowing requirements will be reduced to 10 percent of Gross Domestic product in 1987, As compared to 14 per cent this year. Economic growth is not expected for 1987. Greece s Economy grew by 0.5 per cent his year  
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