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

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

From: The Athens News Agency at <>


  • [01] Deficit flirting 12% mark
  • [02] Stocks move up 0.53 pct

  • [01] Deficit flirting 12% mark

    Greece's public deficit reached 10 percent of GDP in the nine-month period between January and September 2009 and looked set to rise to 12 percent of GDP by the end of the current year, Bank of Greece governor George Provopoulos said on Friday.

    He made the statement after emerging from a lengthy meeting with Finance Minister George Papaconstantinou, also attended by Deputy Finance Minister Filippos Sahinidis and the general director of the Public Debt Management Agency Spyros Papanikolaou.

    Caption: ANA-MPA file photograph of Bank of Greece governor George Provopoulos

    [02] Stocks move up 0.53 pct

    Greek stocks continued their upward trend in the Athens Stock Exchange on Friday, with the composite index of the market rising by 0.53 pct to end at 2,753.24 points. Turnover was 228.3 million euros, of which 7.9 million euros were block trades.

    Most sectors moved upwards, with the Insurance (4.17 pct), Telecommunications (2.42 pct) and Construction (2.35 pct) scoring the biggest percentage gains of the day, while Chemicals (1.44 pct), Utilities (0.27 pct) and Media (0.12 pct) suffered losses.

    The FTSE 20 index moved up 0.51 pct, the FTSE 40 index rose 0.91 pct and the FTSE 80 index ended 1.04 pct higher. Broadly, advancers led decliners by 108 to 98 with another 52 issues unchanged.

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