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Athens News Agency: News in English, 09-12-15

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

From: The Athens News Agency at <>


  • [01] Samaras: PM's measures vague, delayed
  • [02] Focus on anti-corruption
  • [03] Stocks end 2.12% down

  • [01] Samaras: PM's measures vague, delayed

    (ANA-MPA) -- Main opposition New Democracy leader Antonis Samaras on Tuesday issued his first full-blown criticism against Prime Minister George Papandreou, a day after the latter announced a measures to shore up the ailing Greek economy, speaking during his inaugural address to ND's Parliamentary group as party leader.

    Samaras criticised Papandreou for acting with undo delay and vagueness, as well as for indecisiveness to deal with the Greek economy's problems, as he said.

    "The prime minister's address on Monday had three serious deficiencies. It referred only to future measures when immediate and permanent measures are mandatory; secondly, he presented his wishes as a stability plan, which is not a strategy to exit the crisis, saying reduction of the debt will start in 2010, which means what, that the debt will increase until then?" he asked, rhetorically.

    In stepping up his critique of the government, he said it has no plan and is in a state of chaos, "whose repercussions are paid by the Greek people."

    [02] Focus on anti-corruption

    (ANA-MPA) -- Tackling corruption was focal point of a political party leaders' meeting at the presidential mansion on Tuesday, chaired by President Karolos Papoulias and following a proposal by Prime Minister George Papandreou, a gathering that the former termed as a "national matter".

    In opening the session, Papoulias said Greece's political leadership owes it to the next generations to undertake major institutional and cultural changes.

    The meeting was attended by Papandreou, main opposition New Democracy (ND) party leader Antonis Samaras, Communist Party of Greece (KKE) General Secretary Aleka Papariga, Popular Orthodox Rally (LA.OS) President George Karatzaferis and Radical Left Coalition (SYRIZA) Parliamentary group leader Alexis Tsipras.

    [03] Stocks end 2.12% down

    Stocks came under selling pressure on Tuesday pushing the composite index of the Athens Stock Exchange below the 2,200 level again. The index fell 2.12 pct to end at 2,169.98 points, with turnover a moderate 238.5 million euros, of which 70.1 million euros were block trades.

    Most sectors moved down, with the Insurance (3.61 pct), Banks (3.48 pct), Telecoms (1.94 pct), Technology (1.80 pct) and Financial Services (1.74 pct) suffering the heaviest percentage losses of the day, while Industrial Products (1.77 pct) and Chemicals (0.81 pct) scored gains.

    The FTSE 20 index fell 2.61 pct, the FTSE 40 index eased 0.43 pct and the FTSE 80 index dropped 1.04 pct. Broadly, decliners led advancers by 134 to 63 with another 41 issues unchanged.

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