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Athens News Agency: News in English, 10-03-17

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

From: The Athens News Agency at <>


  • [01] Handful of regions to defy gas station strike
  • [02] Hotels eye rate cuts
  • [03] Stocks end 1.09% lower

  • [01] Handful of regions to defy gas station strike

    A nationwide strike on Thursday by gas station owners will apparently not include vendors in Crete and the prefectures of Thessaloniki and Grevena, as the petrol station owners' federation appears divided in two. Meanwhile, taxi drivers in the greater Athens area are also set to hold a 24-hour strike on Thursday.

    A demand by both sectors, according to reports, is overturn a decision whereby petrol stations and taxi drivers will be obliged to issue receipts to customers.

    [02] Hotels eye rate cuts

    The national federation of hoteliers on Wednesday urged members to adopt a flexible and attractive pricing policy aimed to attract more domestic visitors, as Greek consumers are expected to significantly cut holiday spending this year.

    In a statement, the federation said domestic tourism was a major challenge for the sector, as it accounted for more than 20 pct of hotelsā total income. "The aim is to offer Greek visitors the prices offered to foreign visitors," it stressed.

    [03] Stocks end 1.09% lower

    Stocks ended lower in the Athens Stock Exchange on Wednesday, pushing the composite index of the market below the 2,100 level. The index fell 1.09 pct to end at 2,089.71 points, with turnover rising to 231.347 million euros.

    The FTSE 20 index fell 1.68 pct, the FTSE 40 index ended 1.22 pct lower and the FTSE 80 index ended 0.86 pct off. The Food (3.24 pct) and Utilities (2.78 pct) sectors scored gains, while Health (6.15 pct) and Telecommunications (3.83 pct) suffered the heaviest percentage losses of the day.

    Q&R (10 pct), Alsinco (9.76 pct), Galaxidi (8.57 pct), Spider (8.33 pct) and Alma-Atermon (7.69 pct) were top gainers, while Technical Publications (16.33 pct), Xylemporia (10 pct), Yalco (9.76 pct) and Alapis (8.51 pct) were top losers. Broadly, decliners led advancers by 102 to 72 with another 60 issues unchanged.

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