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

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

From: The Athens News Agency at <>


  • [01] Archaeologists unearth rare finds in Aiane, Kozani
  • [02] Budget deficit down in Jan-Feb

  • [01] Archaeologists unearth rare finds in Aiane, Kozani

    Rare finds, among them the architectural ruins of tombs, pottery and clay statuettes, were brought to light during archeological excavations conducted at the Royal Necropolis in the region of Livadia, near the village of Aiane in the prefecture of Kozani, northwestern Greece.

    The land of Aiane is rich in unique and rare archaeological finds, according to the head of the 30th Ephorate of Prehistoric and Classical Antiquities in charge of the excavations, referring to recent discoveries that include 25 tombs dating back to the Archaic and Classical Period and 4 tombs of the late Bronze Age.

    The latest finds will be presented in the 23rd Scientific Meeting on the Archaeological Work in Macedonia and Thrace to be held at Thessaloniki Aristotle University (AUTH) on Thursday.

    [02] Budget deficit down in Jan-Feb

    Greece's state budget deficit fell significantly in the first two months of 2010, despite the fact that revenue growth fell behind the annual target, the Bank of Greece said on Wednesday.

    The central bank, in a report, said that the central government's budget deficit fell to 1.6 billion euros in the January-February period, from 3.4 billion euros in the corresponding period in 2009. In the first two months of the year, regular budget's revenues totaled 7.9 billion euros, for a growth rate of 6.5 pct down from an annual growth target of 10.8 pct. Spending fell to 8.5 billion euros, for a decline of 1.0 pct but down from a 2.2 pct annual decline target. The central bank said the state budget's primary deficit fell to736 million euros in January-February, down from a shortfall of 2.2 billion euros last year.

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