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Athens News Agency: News in English, 10-03-09

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

From: The Athens News Agency at <>


  • [01] Environment ministry unveils energy efficiency bill for public debate
  • [02] Govāt intervention for resumption of drilling off Kavala
  • [03] Fuel station owners strike on March 18.
  • [04] ASE opening: Decline

  • [01] Environment ministry unveils energy efficiency bill for public debate

    ANA-MPA/The environment ministry on Monday announced that a new draft bill on improving energy efficiency and other energy-related issues had been posted on the website for public debate.

    It said the new draft bill includes the sum of policies and measures harmonising Greek legislation with EU directives for reducing energy consumption, restricting losses of energy and improving energy efficiency.

    Among others, it seeks to change the way that power is used and utilised by consumers so that energy requirements are lowered, while at the same time improving quality of life by creating the conditions and requirements for an energy services market and the provision of energy efficiency improvement measures to consumers.

    [02] Govāt intervention for resumption of drilling off Kavala

    ANA-MPa/Deputy Environment, Energy and Climate Change Minister Yiannis Maniatis met Monday with representatives of Hellenic Petroleum S.A. (EL.PE) and Aegean Energy S.A. within the framework of a mediation initiative for the resumption of oil drilling in a sea region off Kavala in northern Greece.

    Maniatis said afterwards that the outcome of the meeting was positive, guaranteeing investments, a mutual utilization of know-how and the exploitation of the country's oil reserves.

    Aegean Energy S.A. has been implementing an investment project in the region since 2008, with an output of 5,000 barrels of oil a day.

    [03] Fuel station owners strike on March 18.

    The board of the Gasoline Station Owners Federation decided on Monday night to call for a 24-hour closure of gasoline stations next Thursday, March 18. The sector's general assembly will be convening on March 21 to decide on the form of further action.

    Gasoline sellers are reacting to the instalment of cash registers without the simultaneous instalment of integrated systems for the control of the inflow and outflow of the volume of fuel at gasoline stations, while they are also protesting the illegal, as they are stressing, retrogressive increase in the Special Consumption Tax last February, with a procedure that burdened gasoline sellers.

    [04] ASE opening: Decline

    Equity prices were declining at the opening of trade on Tuesday on the Athens Stock Exchange (ASE), with the basic share price index down 1.28 percent, standing at 2,060.71 points at 11:15 a.m., and turnover at 35.843 million euros.

    Individual sector indices were moving mostly downward, with the biggest gains in Insurance, up 2.07 percent; and Commerce, up 1.15 percent.

    The biggest losses were in Banks, down 1.20 percent; and Telecoms, down 0.96 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was down 1.60 percent, the FTSE/ASE MID 40 index was down 0.19 percent, and the FTSE/ASE-80 small cap index was down 0.27 percent.

    Of the stocks moved, 23 were up, 44 were down, and 18 were unchanged.

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