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

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

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

CONTENTS

  • [01] Permit issued for PAO stadium
  • [02] Stocks end moderately up

  • [01] Permit issued for PAO stadium

    A long-awaited construction permit for the new stadium and sports complex to be built by Athens' Panathinaikos club was issued on Friday after the city of Athens submitted all necessary documents, the ministry of environment, town planning and public works announced.

    Minister George Souflias stated that this is an "important day for Greek sports and Panathinaikos," adding that a major step closer toward the regeneration project in the Votanikos district and Alexandras Avenue is also being made."

    The 40,000-seat stadium, owned by the Athens football club Panathinaikos, will be built in the currently rundown Votanikos district, near Omonia square, an ambitious project expected to significantly upgrade the inner city neighbourhood.

    Kaklamanis

    On his part, Áhens Mayor Nikitas Kaklamanis welcomed the ministry's issuance of a building permit for the Panathinaikos sports stadium in Votanikos, citing what he called the result of persistent and long-running efforts on the part of the municipality, the largest and most populous in Greece.

    "The City of Athens considers the issuance of the building permit for the stadium another important step in the Votanikos and Alexandras Avenue twin urban regeneration project, which encompasses some 7 percent of the city's total area and is expected to serve as a catalyst for development in the wider Elaionas and Ambelokipi areas," Kaklamanis, a former high-profile minister, said in a statement.

    Caption: A file photo dated May 18, 2007 shows an aerial view of the western endzone of the old Panathinaikos pitch (Apostolos Nikolaidis Field) off central Athens' Leoforos Alexandras Blvd. ANA-MPA / S. PANTZARTZI.

    [02] Stocks end moderately up

    Greek stocks ended moderately higher at the Athens Stock Exchange on Friday, with the composite index rising 0.31 pct to end at 2,555.37 points. Turnover was a moderate 201.1 million euros of which 22.5 million euros were block trades.

    Most sectors moved upwards, with the Health (2.97 pct), Industrial Products (1.36 pct) and Food/Beverage (1.27 pc) scoring the biggest percentage gains of the day, while Commerce (1.19 pct), Travel (0.39 pct) and Oil (0.33 pct) suffered losses.

    The FTSE 20 index rose 0.30 pct, the FTSE 40 index ended 0.95 pct up and the FTSE 80 index ended 0.51 pct higher. Broadly, advancers led decliners by 101 to 90 with another 65 issues unchanged.


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