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Athens News Agency: News in English, 08-10-22

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Inner Cabinet briefed on EU migration pact
  • [02] Greek stocks drop 5.28% on Wed.

  • [01] Inner Cabinet briefed on EU migration pact

    Immigration and illegal migration issues dominated a meeting of the Inner Cabinet on Wednesday, chaired by Prime Minister Costas Karamanlis. Briefing reporters afterwards, Interior Minister Prokopis Pavlopoulos said he outlined the details of an immigration pact agreed by EU leaders last week, stressing that the handling of this particular issue was probably one of the most serious problems facing the world today, along with the global credit crisis.

    "We believe that by implementing this pact, Europe finally acquires a migration policy that becomes it and is in accordance with the humanistic values that define Europe and its culture. It does not turn Europe into a fortress, as some have claimed, but acts as an example of a migration policy that is fitting for a modern world and culture and a modern level of democracy," he said.

    According to Pavlopoulos, the immigration pact took a double approach of encouraging legal migration on the one hand while improving management of illegal migration and boosting protection of the EU's external borders on the other. It also addressed issues of asylum and those concerned with promoting migration as a factor of development.

    The prime minister had already acted on the pact signed last week, taking the initiative for its implementation in terms of closer contact between member-states for the protection of the EU's external borders, the minister added.

    Pavlopoulos reminded reporters that Greece will host the 3rd global forum on migration and development in about a year's time, organised by the United Nations in collaboration with the EU.

    The second global forum on migration will take place in Manila next week will tackle the issue of migration in the area of development but not from the point of view of destination countries but from the view of the countries of origin of migrants.

    The minister stressed that other countries in the region had to do their share in the effort to combat illegal migration and he referred specifically to Turkey, which he said was failing to meet its obligations in this area.

    "We are doing whatever we can, also through the EU, so that Turkey assumes its responsibilities and the situation that often exists with migrant-trafficking is dealt with," Pavlopoulos underlined.

    Caption: ANA-MPA file photo of Greek PM Costas Karamanlis.

    [02] Greek stocks drop 5.28% on Wed.

    Greek stocks suffered a heavy blow at the Athens Stock Exchange on Wednesday in line with other international markets. The composite index dropped 5.28 pct to end at 2,025.93 points, with turnover a low 247.7 million euros, of which 11.1 million euros were block trades.

    All sectors moved lower, with the exception of the Healthcare sector which ended 0.26 pct higher. Insurance (9.51 pct), Banks (7.88 pct), Financial Services (7.54 pct), Industrial Products (5.57 pct) and Constructions (5.50 pct) suffered the heaviest percentage losses of the day.

    The FTSE 20 index ended 6.41 pct down, the FTSE 40 index dropped 3.50 pct and the FTSE 80 index ended 5.14 pct lower. Broadly, decliners led advancers by 225 to 25 with another 30 issues unchanged.


    Athens News Agency: News in English Directory - Previous Article - Next Article
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