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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 <http://www.ana.gr/>

CONTENTS

  • [01] ND to elect new leader on Nov. 7
  • [02] Wines of N. Greece
  • [03] Stocks up 0.52% on Wed.

  • [01] ND to elect new leader on Nov. 7

    Main opposition New Democracy (ND) will go to an extraordinary party conference to elect a new party president on November 7, an ND press release announced on Wednesday. The decision, possibly his last as head of the party, was made by outgoing ND President Costas Karamanlis after successive meetings at ND headquarters on Wednesday.

    The former prime minister had announced his resignation from ND's helm following his party' electoral defeat in last Sunday's elections, saying that the party's Congress would convene in a month's time to choose a new leader and that he would not be standing for re-election.

    Meanwhile, former Health Minister Dimitris Avramopoulos told reporters that he will suggest that the new party president be elected with open procedures, adding that the "scenarios" according to which, he will be a candidate only to withdraw his bid later, are "tendentious".

    So far, only one person has announced his candidacy for the post of ND's leadership, Thessaloniki Prefect Panagiotis Psomiadis.

    Karamanlis, 53, served as premier since March 2004, winning general elections twice in 2004 and 2007.

    [02] Wines of N. Greece

    (ANA-MPA) -- A wine-tasting event will take place in Thessaloniki's main Aristotelous Square on Saturday, hosted by the Wine Producers Association of the Northern Greece Vineyard (EBOABE).

    The need for a long-term strategic plan to boost Greek wine exports and help overcome the sector's long-standing problems was underlined in a press conference by EBOABE representatives on Wednesday.

    The Greek Vineyard is approximately 70,000 hectares, while annual wine production reaches four million hectoliters. The annual per capita consumption is estimated at 27-30 liters. Roughly 35 million liters of Greek wines are exported annually to 47 countries.

    Greeks prefer the locally produced wines while the most attractive foreign markets for the Greek wines are the United States, Canada, Germany and Russia.

    [03] Stocks up 0.52% on Wed.

    Greek stocks ended sharply higher at the Athens Stock Exchange on Wednesday, with the composite index of the market rising 0.52 pct to end at 2,692.42 points. Turnover was an improved 288.4 million euros, of which 16.6 million euros were block trades.

    Most sector indices ended higher with Raw Materials (4.29 pct), Oil-Gas (3.02 pct) and Constructions (1.41 pct) scored the biggest percentage gains of the day.

    The FTSE 20 index jumped 0.21 pct, the FTSE 40 index rose 0.58 pct and the FTSE 80 index ended 0.23 pct higher. Broadly, advancers led decliners by 102 to 99 with another 58 issues unchanged.


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