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Athens News Agency: News in English, 09-03-18

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

From: The Athens News Agency at <>


  • [01] Positions of new 'Action' party announced
  • [02] Plutocracy must pay for crisis
  • [03] Paul Krugman in Athens
  • [04] ASE opening : Rise

  • [01] Positions of new 'Action' party announced

    The "proclamation of principles and positions" of "Action", the new political movement with which they will be participating in the upcoming Euroelections, were presented by the initiative's leading members, former ministers Vassilis Kontoyiannopoulos and Stefanos Manos and the Thessaloniki municipal councillor Yiannis Boutaris, during a press conference given at the Benaki Museum on Tuesday.

    "We are establishing a catalyst party that will aim at imposing the truth and common logic in our political life," Boutaris said while presenting the new party's proclamation.

    Boutaris called on "all progressive citizens, centre-leftists and centre-rightists, socialdemocrats and liberals, reformists and pragmatists" to cooperate so that "our unstoppable course towards decline" will be "reversed."

    [02] Plutocracy must pay for crisis

    Communist Party of Greece (KKE) Secretary General Aleka Papariga, speaking in Omonia Square in Athens shortly before a rally organised by the KKE-affiliated labour group PAME on Tuesday, said "rain is of no importance, so much rain is falling on the backs and the heads of working people."

    "What is important is that they have filled them with lies that supposedly they must constantly make sacrifices for the sake of the debts and deficits. Not even half a sacrifice," she said.

    With "let the plutocracy pay for the crisis" as the main slogan, PAME called on those present "to reject the consensus into which the leaderships of GSEE (the General Confederation of Workers of Greece) and ADEDY (the Civil Servants Supreme Administrative Council) are trying to throw them" and to "shield the work and the life of the working class before the crisis."

    An ensuing march began shortly after 6 in the evening and reached Syntagma Square and then the Athens University campus where it ended. The rally was attended by a delegation of the party's Central Committee, headed by Papariga.

    Caption: ANA-MPA file photo of Communist Party of Greece leader Aleka Papariga

    [03] Paul Krugman in Athens

    The 2008 Nobel Economics Prize laureate Paul Krugman, professor of economic and international affairs at Princeton University's Woodrow Wilson School of Public and International Affairs will be the keynote speaker at a conference to be held in Athens on Wednesday on the theme "The stockmarket crisis: Management in periods of challenges".

    While in Athens, Professor Krugman will meet with prime minister Costas Karamanlis, main opposition PASOK leader George Papandreou, and economy and finance minister Yiannis Papathanassiou.

    Caption: ANA-MPA/EPA/Christopher Barth/ file photo of professor of economic and international affairs at Princeton University's Woodrow Wilson School of Public and International Affairs Paul Krugman.

    [04] ASE opening : Rise

    Equity prices were rising at the opening of trade on Wednesday on the Athens Stock Exchange (ASE), with the basic share price index up 0.68 percent, standing at 1,594.89 points at 10:45 a.m., and turnover at 9.6 million euros.

    Individual sector indices were moving mostly upward, with the biggest gains in Health, up 2.80 percent; Insurance, up 2.46 percent; and Banks, up 2.17 percent.

    The biggest losses were in Public Utilities, down 0.68 percent; and, Travel and Recreation down 0.08 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was up 0.93 percent, the FTSE/ASE MID 40 index was up 0.97 percent, and the FTSE/ASE-80 small cap index was up 0.70 percent.

    Of the stocks moved, 65 were up, 9 were down, and 23 were unchanged.

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