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Athens News Agency: News in English, 08-11-25

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

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

CONTENTS

  • [01] Deputy FM Doukas holds talks with Egyptian trade minister
  • [02] 3 coast guard officers linked to Patras-based migrant-smuggling ring
  • [03] Greek stocks end 1.96% higher

  • [01] Deputy FM Doukas holds talks with Egyptian trade minister

    Deputy Foreign Minister Petros Doukas and Egyptian Industry and Trade Minister Rachid Mohammed Rachid discussed issues concerning investments and cooperation in sectors of mutual interest, both bilaterally and in the framework of the Union for the Mediterranean during a working luncheon they had on Tuesday with the participation of leading Greek businessmen.

    According to a foreign ministry announcement, it was stressed during the meeting that "the geopolitical and economic role of the two countries in the region is of strategic importance and we must urge the forces of the market to undertake actions that will achieve considerable results benefitting our peoples."

    Rachid also gave a press conference in Athens on Tuesday focusing on the importance of further strengthening trade relations and investments between Egypt and Greece, through the framework shaped by the international economic crisis.

    He referred to the improvement in trade and economic relations between the two countries since, as he pointed out, over the past years many Greek businesses have invested in Egypt in important sectors of the economy, such as energy, trade, shipping and banking.

    Moreover, he noted that the activation of Egyptian businessmen in Greece, such as Nagib Sawiris is encouraging more Egyptian companies to come and invest in the country.

    "The increase in trade and investments at bilateral level will benefit both Egypt and Greece, developing the economies and creating jobs," the Egyptian minister said.

    [02] 3 coast guard officers linked to Patras-based migrant-smuggling ring

    A joint operation by Greek Police and Port Authorities this week resulted in the detection of an illegal migrant-trafficking ring operating out of the port of Patras, western Greece, along with the arrest of three coast guard officers allegedly involved in the ring. Besides the three law enforcement officers, another 10 illegal migrants were arrested after attempting to board passenger ferries in Patras, the hub for Italy-bound ferry boats in Greece.

    [03] Greek stocks end 1.96% higher

    Greek stocks continued moving upwards for the second consecutive session at the Athens Stock Exchange on Tuesday, following a positive trend in other international markets. The composite index rose 1.96 pct to end at 1,901.42 points, with turnover at 204.2 million euros, of which 2.9 million were block trades.

    Most sectors moved higher, with the Commerce (8.18 pct), Oil (6.38 pct), Chemicals (2.99 pct) and Constructions (2.67 pct) scoring the biggest percentage gains of the day, while Insurance (0.86 pct), Food/Beverage (0.68 pct) and Personal/Home Products (0.05 pct) suffered losses.

    The FTSE 20 index rose 2.27 pct, the FTSE 40 index ended 0.50 pct higher and the FTSE 80 index ended 0.75 pct up. Broadly, advancers led decliners by 130 to 84 with another 57 issues unchanged.


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