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Athens News Agency: News in English, 09-01-21

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

From: The Athens News Agency at <>


  • [01] Inner Cabinet discusses the economy
  • [02] PASOK focuses on public order issues
  • [03] Greek stocks end 3.04% up
  • [04] Alavanos, education unionists meet

  • [01] Inner Cabinet discusses the economy

    The course of the economy and the ongoing global financial crisis dominated discussions at the Inner Cabinet meeting on Wednesday, chaired by Prime Minister Costas Karamanlis. The latter also referred to mobilisations by various farmers' groups around country, urging the immediate settlement of their problems. Finance Minister Yiannis Papathanassiou, who had a separate meeting with the prime minister earlier, underlined that 2009 will be a difficult year but more positive developments are likely, probably coming by the end of the year. As regards the Greek economy, Papathanassiou underlined that it has a positive growth rate, adding that the deficit will be smaller than the Eurozone average and pointing out that the public debt is a long-standing "major thorn". He also stressed, in pointing to the opposition, that those who engage in "danger mongering" and make extravagant promises will soon lose any shred of credibility they might have. Meanwhile, asked to respond to an administrative first instance court ruling on private college-issued diplomas, Education Minister Aris Spiliotopoulos termed it as unprecedented, pointing out that there is still a long way to go before becoming irrevocable.

    [02] PASOK focuses on public order issues

    Main opposition PASOK leader George Papandreou on Wednesday chaired a party meeting on public order and law enforcement issues, following his visit to a police emergency services unit and a downtown Athens police precinct in the Kypseli district on Tuesday night.

    During the meeting, Papandreou referred to a "generalised sense of insecurity" felt by Greek citizens, as a result of the current government's policies.

    "In a democratic state there are no dilemmas between security and rights," he noted, and called for immediate intervention that would restore the respect, meritocracy and professionalism of the Greek police force, thus restoring the public's confidence in the police.

    Papandreou's visit to the Kypseli police station, which is hosted in the same building as the Athens security sub-directorate, formed part of a more general policy of highlighting issues concerning day-to-day problems faced by the public.

    Caption: ANA- MPA file photo.

    [03] Greek stocks end 3.04% up

    Greek stocks rebounded at the Athens Stock Exchange on Wednesday amid a very fluid session.

    The composite index of the market was up by 3.04 percent to end at 1,702.73 points. Turnover was a low 188.6 million euros, of which 16.4 million euros were block trades.

    Most sectors moved higher, with Construction (5.42 pct), Telecoms (4.92 pct) and Foods/Beverages (4.92 pct) posting the biggest percentage gains of the day, while Insurances (-2.17 pct), Personal/Home Products (-1.28 pct) and Retail Trade (-0.65 pct) recording the biggest losses.

    The FTSE 20 index gained 3.73 pct, the FTSE 40 index ended 0.96 pct lower and the FTSE 80 index fell by 0.26 pct. Broadly, decliners led advancers by 98 to 101 with another 52 issues unchanged.

    [04] Alavanos, education unionists meet

    Education sector issues and solutions dominated a meeting of Radical Left Coalition (SYRIZA) Parliamentary group head Alekos Alavanos with representatives of educators' unions on Wednesday. Both Alavanos and the union representatives accused the government of promoting the privatisation of the sector of education in the east Mediterranean country. Referring to ongoing farmers' mobilisation, Alavanos said the government has the responsibility to provide immediate solutions to their problems.
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