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Athens News Agency: News in English, 10-03-03

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

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

CONTENTS

  • [01] Gov't details spending cuts, tax hikes
  • [02] Stocks end slightly lower

  • [01] Gov't details spending cuts, tax hikes

    (ANA-MPA) -- The Greek government on Wednesday detailed a package of urgent measures aimed at boosting budget revenues by 4.8 billion euros or 2.0 pct of the country‚s Gross Domestic Product. In presenting the measures, government spokesman George Petalotis said the government also tabled a draft bill in Parliament via the urgent procedure.

    (MORE)

    [02] Stocks end slightly lower

    Stocks ended slightly lower at the Athens Stock Exchange on Wednesday, ending a skyrocketing two-day advance in the market, although the composite index remained above the 2,000 level. The index fell 0.36 pct to end at 2,014.55 points, with turnover at 190.600 million euros.

    The FTSE 20 index dropped 0.96 pct, the FTSE 40 index ended 0.21 pct higher and the FTSE 80 index eased 0.18 pct. The Food (2.89 pct) and Personal Products (2.14 pct) scored the biggest percentage gains of the day, while Health (2.08 pct) and Media (1.76 pct) suffered losses.

    Allatini Ceramics (14.71 pct), Technical Publications (10.81 pct), Fashion Box (9.92 pct) and Kekrops (9.12 pct) were top gainers, while Neorio (13.41 pct), Koumbas (10 pct) and Vasilopoulos (9.79 pct) were top losers. Broadly, decliners led advancers by 101 to 77 with another 53 issues unchanged.


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