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Athens News Agency: News in English, 09-01-19

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

From: The Athens News Agency at <>


  • [01] Gov't: Ankara should fulfil obligations to EU
  • [02] Athens hotels' occupancy rates down 26% in Dec. (CORRECTION)
  • [03] Industrial index down 15.4% in Nov.
  • [04] Greek stocks tumble 5.14% on Mon.

  • [01] Gov't: Ankara should fulfil obligations to EU

    Athens on Friday reiterated that an incident involving the harassment of a civilian airliner by Turkish warplanes in the eastern Aegean is under investigation by the national defence ministry.

    Government spokesman Evangelos Antonaros, nevertheless, continued to reiterate Greece's standing position on relations with the neighbouring country, namely, that EU candidate-state Turkey cannot continuously find excuses to justify its failure to meet commitments towards the European Union.

    "Turkey must end behavior that has no relation to its European orientation or to relations between allies, which it wants to maintain with us," Antonaros said during a regular press briefing in the Greek capital.

    The spokesman said the excellent manner in which Athens conducts its relations with Ankara should be reciprocated by the latter.

    Finally, the spokesman said he had no information on a possible upcoming visit by the Greek prime minister to Washington for contacts with the new US administration.

    [02] Athens hotels' occupancy rates down 26% in Dec. (CORRECTION)

    Athens' hotels were drastically affected by a wave of street protests that erupted in the city's centre last month, prior to the Christmas holidays, the Association of Athens-Attica Hoteliers announced on Monday.

    In a monthly report, the Association said average room occupancy rates fell by 25.90 pct in December and warned that developments were dramatically worsening.

    The warned of a very poor winter season that could undermine the viability of their enterprises.

    Hotel room occupancy rates fell significantly in December 2008, with five-star hotels' occupancy rates falling by 27.5 pct in December, for a decline of 41.50 pct in the period 11-31 December 2008. Four-star hotels' occupancy rates fell by 25 pct in December, while three-star hotels reported a 26-pct decline in December and a 51-pct drop in the 11-31 December period. Two-star hotels reported a 31-pct decline in December and 54-pct drop in the 11-31/12 period.

    The report forecast that January and February would mark a 50-70 pct decline in room occupancy rates, while it noted that pre-reservations for the spring period so far did not guarantee a substantial recovery.

    [03] Industrial index down 15.4% in Nov.

    Greece's turnover index in the industrial sector dropped 15.4 pct in November 2008, compared with the same month in 2007, the National Statistics Service announced on Monday.

    The statistics service attributed the 15.4 pct drop to a 19.3-pct fall in the mining sector and a 15.3-pct decline in the manufacturing sector. The domestic market turnover index fell 13.6 pct, while the external market index dropped 20.8 pct.

    The new orders index in the industrial sector fell by 13.4 pct in November, compared with the corresponding period in 2007. The statistics service said the domestic market orders' index fell 14.1 pct, while the external market orders' index fell by 13.5 pct.

    [04] Greek stocks tumble 5.14% on Mon.

    Greek stocks plunged at the Athens Stock Exchange on Monday under pressure from a very negative climate prevailing in other European markets.

    The composite index dropped 5.14 pct to end at 1,660.04 points, with turnover at 121.2 million euros, of which 9.3 million euros were block trades.

    All sectors moved lower with the Banks (7.80 pct), Healthcare (6.69 pct), Financial Services (6.53 pct) and Telecommunications (6.29 pct) suffering the heaviest percentage losses of the day.

    The FTSE 20 index fell 6.08 pct, the FTSE 40 index ended 3.96 pct lower and the FTSE 80 index fell 2.34 pct. Broadly, decliners led advancers by 190 to 33 with another 20 issues unchanged.

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