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Athens News Agency: News in English, 10-02-19

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

From: The Athens News Agency at <>


  • [01] Samaras all-out attack on gov't
  • [02] Stocks end 2.42% higher

  • [01] Samaras all-out attack on gov't

    (ANA-MPA) -- Main opposition New Democracy leader Antonis Samaras on Friday unleashed an all-out attack on the PASOK government, prompted by the latter's intention to set up a fact-finding commission on the economy, in his address to his party's Parliamentary group.

    The main thrust of Samaras' address was on the significant problems faced by the Greek economy, which he attributed to its management by the past PASOK governments from 1981 onwards. He also criticised the handling of Greece's accession to the EMU (EU single currency), charging that "we entered the euro with a parity higher than that which would have preserved the competitiveness of the Greek economy".

    "PASOK is suffering from 'the Titanic Syndrome'," Samaras said, adding that the government is "breaking up the domestic front with fact-finding commissions and converting a conjuncture in which the greatest unity is mandatory into a period of intense partisan clashes".

    On PASOK's intention to set up a fact-finding commission on the economy, Samaras said ND agrees with establishing a commission to investigate the management of the economic indicators "because we fear nothing in the least, nor have we anything to hide, and because the current state of the economy is not a matter of the last few years".


    [02] Stocks end 2.42% higher

    Stocks ended sharply higher on the Athens Stock Exchange on Friday, pushing the composite index of the market above the 1,900 level. The index rose 2.42 pct to end at 1,927.62 points, with turnover remaining a low 146.220 million euros. The FTSE 20 index rose 2.76 pct, the FTSE 40 index ended 0.90 pct higher and the FTSE 80 index rose 1.30 pct. The Banks (3.85 pct) and Food (3.47 pct) sectors scored the biggest percentage gains of the day, while Personal Products (0.33 pct) and Health (0.31 pct) suffered losses.

    CPI (16.67 pct), Mihaniki (13.95 pct), Ilyda (9.57 pct), Crete Plastics (9.37 pct) and Voyatzoglou (8.80 pct) were top gainers, while Alma-Atermon (14.29 pct), Compucon (11.11 pct), Praxitelio (10.0 pct) and Elfico (8.89 pct) were top losers. Broadly, advancers led decliners by 114 to 61 with another 53 issues unchanged.

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