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Athens News Agency: News in English, 09-10-07

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

From: The Athens News Agency at <>


  • [01] Karamanlis to step down from ND helm
  • [02] Natural beauty hidden under the Pindos mountain range
  • [03] ASE opening: Rise

  • [01] Karamanlis to step down from ND helm

    Prime Minister Costas Karamanlis on Sunday evening announced that he will step down from the helm of his New Democracy party, in the wake of a same-day crushing electoral defeat and main opposition's PASOK landslide victory.

    He said a party congress will be convened in a month's time, where he will not stand for re-election as party leader.

    Karamanlis, 53, served as premier since March 2004, winning general elections twice (2004 and 2007), losing once by a slim margin in April 2000 before Sunday's convincing loss.

    He spoke during a nationally televised address at the Zappeion Hall in Athens, after first conceding defeat and phone PASOK leader George Papandreou.

    Caption: ANA-MPA file photo of New Democracy leader Costas Karamanlis

    [02] Natural beauty hidden under the Pindos mountain range

    Over 100 caves in the Pindos mountain range are awaiting the visitor to explore them. The blend of natural beauty, history and culture in these underground monuments are under the authority and responsibility of the Culture Ministry's Ephorate of Palaeo-anthropology and Speleology. Katafylli, Kotroni, Lamia, Katsarou, Paleolakka, Aetofolia and Spilitsa are just a few of the more known caves where the visitor may admire the miracle of nature in a number of speleothems such as stalactites, stalagmites, cave curtains and columns, eccentrites and cave pearls. In some of them he will be able to tour underground lakes and rivers. A variety of species are seen in this environment such as moths, snails, dolichopodidae, pseudoscorpions, spiders, bats, salamanders and a whole new world, unknown to the most people. According to the Greek Speleology and Alpine Community, special equipment and specific knowledge is mandatory for those who would like to explore some of these caves more thoroughly. ANA-MPA

    [03] 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 1.17 percent, standing at 2,709.95 points at 10:45 a.m., and turnover at 33.5 million euros.

    Individual sector indices were moving upward nearly across the board, with the only losses in Insurance, down 3.03 percent.

    The biggest gains were in Banks, up 2.17 percent; Food & Beverage, up 1.78 percent; and Health, up 1.42 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was up 1.41 percent, the FTSE/ASE MID 40 index was up 0.55 percent, and the FTSE/ASE-80 small cap index was up 0.40 percent.

    Of the stocks moved, 58 were up, 17 were down, and 26 were unchanged.

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