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Athens News Agency: News in English, 09-02-02

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

From: The Athens News Agency at <>


  • [01] Interamerican allocates 319.6 mln euros in compensation in 2008
  • [02] Greek PMI down to 40 in Jan.
  • [03] Organic farming 'abandoned', PASOK claims
  • [04] Ruling released on Alex case

  • [01] Interamerican allocates 319.6 mln euros in compensation in 2008

    Interamerican on Monday said it paid 319.6 million euros in compensation to policy-holders in 2008 and announced that more than 1,360 customers received either compensation or medical and road services on average daily during the same year.

    The insurance company said compensations to customers totaled 2.14 billion euros in the period 2000-2008, with the Life insurance sector paying 143.24 million euros in 2008. In the Healthcare sector compensations totaled 76.28 million euros, in general insurance compensations totaled 74.20 million euros and in group insurance sector compensation totaled 25.91 million euros in 2008.

    [02] Greek PMI down to 40 in Jan.

    Greece's Purchasing Managers' Index (PMI) fell further in January to 40 points, from 41 in December, a new record low for the third month in a row. The index, measuring business activity in the manufacturing sector, shows that the Greek manufacturing sector has fallen into a recession, with production, new orders, employment and inventories all falling significantly in the first month of 2009.

    Production and employment shrank at a record rate in January, reflecting a sharp decline in domestic and foreign demand.

    Readings above 50 points indicate a growing sector, while readings below 50 a shrinking sector.

    [03] Organic farming 'abandoned', PASOK claims

    Main opposition PASOK on Monday said the government had abandoned organic farming to its fate and lacked any kind of plan or policy for its development, in a question tabled in Parliament for Agricultural Development and Foods Minister Sotiris Hatzigakis by 47 main opposition MPs.

    Pointing to a reduction in subsidies and the exclusion of organic products, as well as the overall reduction of organically farmed land by 39.5 percent, they asked why the government had abandoned the national action plan for organic farming launched by PASOK. This had foreseen a doubling of subsidies for basic organic produce, foundation of a national certification body and a National Organic Farming Council.

    In their question, they claimed that consumers had doubts about the authenticity and quality of Greek organic label products and that the government was itself was creating obstacles for organic farmers attempting to make their products available to consumers at more affordable prices, as well as failing to install mechanisms to make such farming competitive.

    [04] Ruling released on Alex case

    A Thessaloniki court on Monday found six minors guilty of involuntary manslaughter in a ruling on the case involving the disappearance of Alex Meschisvili, an 11-year-old boy of Georgian descent that went missing from his home in the Greek town of Veria in February 2006.

    The Thessaloniki Juvenile Court imposed incarceration in a juvenile delinquents' facility in Volos on two local minors until they turn of age.

    For the other three defendants, the court turned over their custody to the Veria Child Protection Services, and imposed 4-hour daily public service and attendance of practical programs, and other reformatory measures.

    The sixth minor, who is the older brother of the two local children sentenced to incarceration, was found guilty of making false testimonies and of harboring a criminal. The court turned over custody to the Veria Child Protection Services and also imposed reformatory measures.

    Caption: ANA-MPA file photo of Alex Meschisvili

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