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Athens News Agency: News in English, 09-10-05

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

From: The Athens News Agency at <>


  • [01] PASOK wins elections, succeeds to create self sufficient government
  • [02] Congrats from US President
  • [03] ASE opening: Rise
  • [04] Áthens Newspaper Headlines

  • [01] PASOK wins elections, succeeds to create self sufficient government

    Main opposition PASOK party and its leader George Papandreou posted a landslide election victory on Sunday in Greece's snap general election, garnering 43.94 percent of the vote with the results from 99 percent of the precincts tallied nationwide.

    PASOK was leading ruling New Democracy party by more than 9 percentile points, with the latter receiving 33.49 percent at the same 50-percent mark, with PASOK eying 160 projected MPs in Parliament, easily over the 150 minimum(out of a 300-deputy legislature) needed to form a self-sufficient government, while ND's tally, will be in the mid 90s.

    In terms of smaller Parliament-represented parties, the Communist Party of Greece's (KKE) stood at 7.53 percent; 4.59 percent for the Radical Left Coalition (SYRIZA) parliamentary alliance; 5.62 percent for the Popular Orthodox Rally (LA.OS) and 2.52 percent for the newly formed Ecologists-Greens party, which appears unable to exceed the 3-percent threshhold needed to enter Parliament.

    [02] Congrats from US President

    US President Barack Obama congratulated PASOK leader and prime minister-elect George Papandreou in the early morning hours of Monday (Greek time) on his election victory in Sunday's general elections in Greece.

    A White House statement said that Obama called Papandreou to congratulate him on his party's success in the parliamentary elections in Greece, and wished the best to all the Greeks who took part in the democratic process.

    "The President reiterated the importance of the US-Greece relationship and said he looks forward to working with Mr. Papandreou," according to the statement.

    Caption: File photo of US President Barack Obama. (EPA)

    [03] ASE opening: Rise

    Equity prices were rising at the opening of trade on Monday on the Athens Stock Exchange (ASE), with the basic share price index up 1.82 percent, standing at 2,640.75 points at 10:45 a.m., and turnover at 23.8 million euros.

    Individual sector indices were moving mostly upward, with the biggest gains in Media, up 5.18 percent; Technology up 2.78 percent; Banks, up 2.42 percent; Oil and Gas, up 1.93 percent and Food and Beverages, up 1.81 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was up 1.82 percent, the FTSE/ASE MID 40 index was up 1.62 percent, and the FTSE/ASE-80 small cap index was up 1.27 percent.

    Of the stocks moved, 80 were up, 7 were down, and 12 were unchanged.

    [04] Áthens Newspaper Headlines

    The Monday edition of Athens dailies at a glance

    PASOK's landslide victory over up to now ruling New Democracy (ND) in Sunday's general elections and Costas Karamanlis' resignation from ND's helm, dominated the headlines on Monday in Athens' newspapers.

    ADESMEFTOS TYPOS: "Keep your heads high, liberal citizens - Let PASOK celebrate".

    APOGEVMATINI: "New leader, dramatic and rapid developments in ND after the major defeat".

    AVGHI: "Mandate under conditions - PASOK's strong self sufficiency is the repercussion of ND's collapse".

    AVRIANI: "Karamanlis handed over (the government) to George and (the ND helm to) Dora (Bakoyannis) and hopes that in March they will nominate him for President of the Republic".

    CHORA: "Have a good rest, Mr Karamanlis! - The people condemned a tired and 'absent' prime minister".

    ELEFTHERI ORA: "It is finished! Costas Karamanlis resigned from ND's presidency and paved the way for a new leader".

    ELEFTHEROS: "ND's major mistakes, incompetence and covering up of the scandals, handed over to PASOK the governance ".

    ELEFTHEROTYPIA: "George's landslide victory - Karamanlis' crushing defeat".

    ETHNOS: "PASOK's historic victory ".

    KATHIMERINI: "Papandreou's clear victory - Karamanlis' brave decision to resign".

    ESTIA: "PASOK's landslide victory - ND committed suicide".

    LOGOS: "Clear victory - PASOK's landslide victory - Papandreou calls for unity on the country's new political path".

    NIKI: "Absolute master!".

    RIZOSPASTIS: "Communist Party of Greece (KKE): The people must remain on alert to repel the attack against them".

    TA NEA: "George records historic victory - Call for unity after the victory".

    TO VIMA: "Radical changes from Papandreou's government - Triumph in the elections opens the road for the country's recovery".

    VRADYNI: "Karamanlis bravely assumed responsibility for the defeat - The largest in ND's history".

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