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Athens News Agency: News in English, 09-10-14

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

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

CONTENTS

  • [01] Skopje urged to settle name issue with Greece
  • [02] ASE at new 12-month high

  • [01] Skopje urged to settle name issue with Greece

    BRUSSELS (ANA-MPA - M. Aroni) European Commissioner for enlargement Olli Rehn on Wednesday strongly urged the government in Skopje to settle the name dispute with Greece, after announcing that he was ready to recommend that the bloc begin accession negotiations with the Former Yugoslav Republic of Macedonia (FYROM).

    Noting that the Commission considered that FYROM had made "convincing" progress in key reforms and sufficiently fulfilled the Copenhagen political criteria for the start of entry talks, he pointed out that the name dispute was now the final obstacle that remained to be overcome, as a matter of urgency.

    "I trust that the Government in Skopje will take this as a very strong encouragement to finally settle the name issue," Rehn said in statements after presenting the Commission's annual enlargement report.

    He stressed that the report underlines the need to maintain good neighbourly relations, including a negotiated and mutually acceptable solution to the name issue, under the auspices of the UN.

    "Now it is indeed more essential and urgent than ever, for the sake of the country's EU future," the Commissioner added.

    [02] ASE at new 12-month high

    Greek stocks soared to a new 12-month high on the Athens Stock Exchange on Wednesday, following a rally in world equity markets. The composite index jumped 3.17 pct to end at 2,896.91 points, with turnover soaring to 437.9 million euros, of which 27.3 million euros were block trades.

    All sectors moved upwards with the exception of the Media sector which ended 0.31 pct lower. Banks (4.76 pct), Industrial Products (4.28 pct), Constructions (3.76 pct), Chemicals (3.50 pct), Financial Services (3.40 pct) and Raw Materials (3.0 pct) scored the biggest percentage gains of the day.

    The FTSE 20 index jumped 3.69 pct, the FTSE 40 index ended 2.59 pct higher and the FTSE 80 index ended 2.53 pct up. Broadly, advancers led decliners by 181 to 34 with another 53 issues unchanged.


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