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Athens News Agency: News in English, 08-11-24

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

From: The Athens News Agency at <>


  • [01] Attica Bank: Deal talks with Aspis Bank terminated
  • [02] Greek delegation visits Azerbaijan
  • [03] Greek stocks end 2.10% up
  • [04] Gov't: Nuclear power not an option

  • [01] Attica Bank: Deal talks with Aspis Bank terminated

    Attica Bank on Monday announced that a round of exploratory talks with Aspis Bank over a business partnership ended without leading to any deal. In a statement to the press, Attica Bank said talks had been held in October.

    [02] Greek delegation visits Azerbaijan

    A Greek diplomatic delegation visited Baku, Azerbaijan last week in view of Greece's 2009 OSCE chairmanship. Within the framework of the two-day visit, members of the delegation met with Azerbaijani Parliament President Ogtay Asadov, Foreign Minister Elmar Mammadyarov and Defense Minister Safar Abiyef. They also had meetings with all political party leaders and were briefed on the activities of the OSCE office in the Caucasus country.

    [03] Greek stocks end 2.10% up

    Greek stocks ended higher at the Athens Stock Exchange on Monday, following a positive trend in international markets. The composite index rose 2.10 pct to end at 1,864.81 points, with turnover remaining a low 139 million euros, of which 13.2 million euros were block trades.

    Most sectors moved higher, with the Industrial Products (5.53 pct), Utilities (4.45 pct), Constructions (3.62 pct) and Chemicals (2.65 pct) scoring the biggest percentage gains of the day, while Insurance (3.77 pct), Personal/Home Products (1.80 pct) and Healthcare (0.26 pct) suffered losses.

    The FTSE 20 index rose 2.08 pct, the FTSE 40 index rose 1.01 pct and the FTSE 80 index ended 1.04 pct up. Broadly, advancers led decliners by 142 to 67 with another 59 issues unchanged.

    [04] Gov't: Nuclear power not an option

    Greek Development Minister Christos Folias on Monday reiterated that use of nuclear power for electricity production in Greece is not an option in the country's energy sector strategy. "Greece is closely following the concern and dialogue unfolding within the EU," he said. Addressing an open discussion on the topic of "Conventional, Renewable and Nuclear Energy: Options and climate change challenges - Energy security in the EU", Folias stated that within the framework environmental protection efforts in Greece, the east Mediterranean nation is orientated more towards the effective utilisation of solar, hydro, wind and geothermal energy to produce "green electricity", as well as boosting renewable energy sources (RES). "A total of 329 new investments worth 1.2 billion euros are close to being completed and are expected to add 919 MW to the currently produced 1,100 MW of electricity," he said. He also referred to a RES draft law tabled in Parliament last week. Folias mentioned a draft law on biofuel, currently under preparation, adding that conditions are being created for the development and rational utilisation of geothermal power in the country. Caption: ANA-MPA file photo.
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