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Athens News Agency: News in English, 09-05-15

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

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

CONTENTS

  • [01] Marginal rise in Q1 GDP yr/yr
  • [02] College entry exams begin
  • [03] ASE opening: Rise

  • [01] Marginal rise in Q1 GDP yr/yr

    Greece's GDP posted a marginal 0.3 percent rise year-on-year in the first quarter of 2009 against the corresponding quarter in 2008, according to figures released on Friday by the National Statistics Service (ESYE).

    The first-quarter GDP however, marked a 1.2 percent decline against the preceding quarter (fourth quarter 2008), according to the same figures.

    ESYE attributed the slow down in the growth rate to a substantial decline in exports and investments.

    ESYE further announced that the overall consumer expenditure for state consumption posted a marginal rise which, combined with a substantial decline in imports, contributed positively to the indicator.

    [02] College entry exams begin

    The annual nationwide university entry exams commenced on Friday with the subject of Greek language. Approximately 90,000 candidates will vie for a position in the country's numerous state universities and technical institutes.

    Education Minister Aris Spiliotopoulos visited a high school in the Moschato district between Athens and Piraeus and a grading centre, where he wished all pupils the best of success, underlining that the education ministry's services are fully mobilised for the weeklong process.

    [03] ASE opening: Rise

    Equity prices were rising at the opening of trade on Friday on the Athens Stock Exchange (ASE), with the basic share price index up 1.49 percent, standing at 2,155.58 points at 10:45 a.m., and turnover at 29.3 million euros.

    Individual sector indices were moving mostly upward, with the biggest gains in Banks, up 3.55 percent; Technology, up 3.53 percent; and Insurance, up 2.77 percent.

    The biggest losses were in Food & Beverage, down 0.34 percent; and Travel & Recreation, down 0.06 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was up 1.91 percent, the FTSE/ASE MID 40 index was up 2.07 percent, and the FTSE/ASE-80 small cap index was up 1.47 percent.

    Of the stocks moved, 97 were up, 17 were down, and 19 were unchanged.


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