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Athens News Agency: News in English, 09-01-26

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

From: The Athens News Agency at <>


  • [01] PASOK spokesman on farmers' mobilisations
  • [02] Athens airport: passenger traffic off 0.4% in 2008
  • [03] Sidenor buys 34% stake in AWM for 2.6 mln euros
  • [04] Greek stocks end 1.91% up on Mon.

  • [01] PASOK spokesman on farmers' mobilisations

    Main opposition PASOK party spokesman George Papacontantinou on Monday accused the government of lacking credibility, in reference to its agricultural policy and amid a series of farmers' mobilisations around the country. Papacontantinou added that the government is confused, embarrassed and in a state of panic. He said that PASOK has a clear stance toward farmers' roadblocks, clarifying that farmers have the party's support, but on the other hand, mobilisations should take under consideration society as a whole and the country's economy. The spokesman underlined that the roadblocks cause problems to the economy and it is obvious that they cannot go on indefinitely.

    [02] Athens airport: passenger traffic off 0.4% in 2008

    The Eleftherios Venizelos International Airport of Athens on Monday said passenger traffic in the country‚s largest airport fell by 0.4 pct in 2008 to 16.47 million passengers, adding that the decrease was smaller than the average European rate of decline (0.7 pct) during the same year.

    Domestic traffic fell 2.2 pct to 5.8 million euros, reflecting reduced number of flights, while international passenger traffic grew 0.5 pct to 10.64 million euros, reflecting a 4.8 pct rise in Middle East, America (+3.7 pct) and Eastern Europe (+3.0 pct). West European markets were unchanged at last year‚s levels, while Far East fell by 6.3 pct.

    Cargo traffic grew 2.7 pct to 122 million tons while cargo flights fell 2.9 pct to 199,418, reflecting a 4.0-pct decline of domestic flights.

    Yiannis Parashis, the airport‚s general manager, said 2008 results were satisfactory given a negative economic situation, higher fuel prices and developments in the domestic airline market.

    [03] Sidenor buys 34% stake in AWM for 2.6 mln euros

    Sidenor SA on Monday announced the purchase of a 34-pct equity stake in Italian company A.W.M. S.p.A for 2.6 million euros. Automatic Wire Machines (A.W.M.) was founded in 1987 in northern Italy and is a pioneer in the design and development of custom-made hi-tech engineering applications in the production and processing of steel.

    The purchase is part of Sidenor's strategy to develop new products and services with significant added value and to expanding its activities.

    [04] Greek stocks end 1.91% up on Mon.

    Greek stocks began the week on a positive note in the Athens Stock Exchange on Monday, in line with a positive trend in other international markets. The composite index jumped 1.91 pct to end at 1,695.16 points, with turnover a low 81.6 million euros, of which 1.01 million euros were block trades.

    Most sectors moved higher, with the Utilities (5.28 pct), Financial Services (3.32 pct) and Banks (2.44 pct) scoring the biggest percentage gains of the day, while Media (4.60 pct), Technology (1.21 pct) and Commerce (0.99 pct) suffered losses.

    The FTSE 20 index rose 2.18 pct, the FTSE 40 index ended 0.20 pct higher and the FTSE 80 index rose 0.75 pct. Broadly, decliners led advancers by 97 to 88 with another 64 issues unchanged.

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