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Athens News Agency: News in English, 10-02-16

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

From: The Athens News Agency at <>


  • [01] Customs employees' strike
  • [02] Decline at ASE opening

  • [01] Customs employees' strike

    Customs employees throughout the country launched a three-day strike on Tuesday, in protest of cutbacks announced in their benefits and incomes.

    The Customs employees will be on strike up to and including Thursday, while Finance and Economy Ministry employees in various services also launched a four-day strike on Tuesday that will run through Friday.

    The Finance Ministry employees on strike include the State Accounts office, the national statistics service, the Deposits and Loans Fund, the Capital Market Committee, and central services of the finance and economy ministries.

    On Friday, taxi owners will hold a new 24-hour strike, while on February 24 a 24-hour nationwide strike has been called by the General Confederation of Workers of Greece (GSEE), in which the civil servants' umbrella federation ADEDY has also stated participation.

    The Customs employees strike is expected to cause problems in the operation of Greece's Customs houses.

    [02] Decline at ASE opening

    Equity prices were declining at the opening of trade on Tuesday on the Athens Stock Exchange (ASE), with the basic share price index down 1.33 percent, standing at 1,874.07 points at 11:15 a.m., and turnover at 34.772 million euros.

    Individual sector indices were moving mostly downward, with the biggest gains in Telecoms, up 1.16 percent; and Travel & Recreation, up 0.30 percent.

    The biggest losses were in Public Utilities, down 2.63 percent; and Banks, down 2.60 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was down 1.43 percent, the FTSE/ASE MID 40 index was down 0.95 percent, and the FTSE/ASE-80 small cap index was down 1.10 percent.

    Of the stocks moved, 22 were up, 51 were down, and 21 were unchanged.

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