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Athens News Agency: News in English, 09-01-22

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

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

CONTENTS

  • [01] Diplomatic car torched
  • [02] FinMin replies to statements by PASOK leader
  • [03] ASE opening: Big rise

  • [01] Diplomatic car torched

    A car belonging to the Saudi Arabian embassy was torched in the first hours of Thursday in the northern Athens suburb of Psychiko.

    Unknown individual placed a home-made incendiary device comprising two propane cannisters under the parked embassy vehicle, which exploded about an hour after midnight, causing material damage but no injuries.

    [02] FinMin replies to statements by PASOK leader

    Finance and Economy Minister Yiannis Papathanasiou said on Wednesday, replying to statements made in Parliament by main opposition PASOK party leader George Papandreou, that Papandreou is investing in the unfavourable repercussions of the international economic crisis to make petty-party gains.

    Papathanasiou pointed out that Papandreou was trying to convince people that the international crisis is not to blame for the economic difficulties but the policies of the New Democracy party.

    "If this is so, how is it that Greece is one of the five eurozone countries only that will have a positive development and why does Greece have a lower deficit than the eurozone countries, as well as less unemployment," the minister said.

    Papathanasiou added that Papandreou attempted to annul the government's work in the economy, that unemployment has decreased since 2004 from 11.3 percent to less than 8 percent and that the deficit has dropped drastically from 7.5 percent of GDP that it was in 2004, while the debt fell to 94 percent of GDP from almost 100 percent that it had been in 2004.

    [03] ASE opening: Big rise

    Equity prices were rising at the opening of trade on Thursday on the Athens Stock Exchange (ASE), with the basic share price index up 2.01 percent, standing at 1,737.03 points at 10:45 a.m., and turnover at 14.5 million euros.

    Individual sector indices were moving upward nearly across the board, with the only losses in Mass Media, down 0.45 percent. The biggest gains were in Banks, up 3.18 percent; Public Utilities, up 2.88 percent; Personal & Household Goods, up 2.37 percent; and Health, up 2.22 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was up 2.08 percent, the FTSE/ASE MID 40 index was up 1.90 percent, and the FTSE/ASE-80 small cap index was up 1.50 percent.

    Of the stocks moved, 68 were up, 7 were down, and 10 were unchanged.


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