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Athens News Agency: News in English, 10-05-12

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

From: The Athens News Agency at <>


  • [01] Greek-owned cargo ship seized by pirates in Gulf of Aden
  • [02] PM at demolition of nightclub
  • [03] Economy shrank 2.3 pct

  • [01] Greek-owned cargo ship seized by pirates in Gulf of Aden

    ANA-MPA/ Greek-owned cargo ship was seized by pirates in the Gulf of Aden early Wednesday off the coast of Somalia, the EU's naval force (EUNAVFOR) Somalia confirmed later in the day, noting it was the second ship hijacking in 24 hours, after the Bulgarian-flagged MV Panega was seized in the same area.

    The Liberian-flagged dry bulk carrier "Eleni P", carrying a cargo of iron from Ukraine to Kandla in India and a 26-member crew on board, was hijacked 250 nautical miles off the coast of Oman.

    The crew are reported to be safe, and EUNAVFOR is closely monitoring the situation.

    [02] PM at demolition of nightclub

    Prime minister George Papandreou was present on Wednesday morning at the demolition of an illegal structure on the eastern Attica coast of Alimos that housed a well-known summer nightclub, in a symbolic gesture.

    Papandreou and environment, energy and climate change minister Tina Birbili were on the spot as bulldozers razed the "Fantasia" nightclub, where top names in Greek laika music have sung for decades.

    [03] Economy shrank 2.3 pct

    The Greek economy shrank by 2.3 pct in the first quarter of 2010, compared with the corresponding period last year, the Hellenic Statistical Authority said on Wednesday.

    The statistics service said the country's Gross Domestic Product remained on negative growth rates, after shrinking 2.0 pct in 2009. The statistics service attributed this development to lower investments and a significant decline in public consumption, despite an improvement in the country's trade balance. The government expects the economy to shrink by 4.0 pct this year.

    The Greek economy shrank 0.8 pct in the first quarter compared with the fourth quarter of 2009, Eurostat said on Wednesday. In a report, published in Brussels, the EU executive's statistics agency said GDP in the Eurozone and the EU-27 grew 0.2 pct in the January-March period, on a quarterly basis, while GDP grew 0.5 pct in the Eurozone and 0.3 pct in the EU-27 on a year-to-year basis.

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