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Athens News Agency: News in English, 10-05-21

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

From: The Athens News Agency at <>


  • [01] Papandreou receives Libyan PM in Athens
  • [02] Nea Peramos' 15-km-long golden beaches
  • [03] Deficit down 41.5% in Jan-Apr
  • [04] NBG loan restructuring plan
  • [05] Greek-Romanian diplomatic ties
  • [06] Stocks end moderately up

  • [01] Papandreou receives Libyan PM in Athens

    (ANA-MPA) -- Prime Minister George Papandreou met with visiting Libyan Prime Minister al-Baghdadi Ali al-Mahmoudi on Friday, stressing afterwards that new prospects are being opened for stronger relations between Athens and Tripoli.

    Papandreou underlined that the meeting focused on the sectors of energy, renewable energy sources (RES), construction and tourism.

    He referred to friendly relations of the two countries and underlined that the international community recognises Libya's important place (ANA-MPA) and has restored relations with the country.

    Papandreou stressed that "Libya plays a very important role in the Mediterranean region and serves as gateway of communication with African states." He also announced that he will visit the country soon.

    On his part, the Libyan prime minister referred to the close bilateral relations and focused on cooperation in the sectors of energy, power production, telecoms, RES, natural gas, infrastructures, tourism, sea transport and the prospects of Libyan investments in Greece. (ANA-MPA)

    [02] Nea Peramos' 15-km-long golden beaches

    (ANA-MPA) -- The seaside resort of Nea Peramos in Kavala prefecture, in northern Greece, located some 140 km east of Thessaloniki, features a stunning 15-km-long stretch of sandy beaches known as "ammolofi" (sand hills), amongst the best known beaches in the eastern Macedonia-Thrace region. "Ammolofi", the beaches with the thin sand and the shallow crystal blue waters create an exotic atmosphere and have been awarded the "blue flag" eco-label received by European Union regions that have met high environmental standards. (ANA-MPA / STR)

    [03] Deficit down 41.5% in Jan-Apr

    (ANA-MPA) -- Greeceās state budget deficit dropped 41.5 pct in the January-April period to 6.313 billion euros, down from 10.791 billion euros in the corresponding period last year, the finance ministry announced on Friday.

    In a report, the ministry attributed the fiscal deficit in the first four months of the year to lower spending and higher revenues, despite the fact that figures did not fully reflect additional cost-cutting measures announced in March and May. (ANA-MPA)

    [04] NBG loan restructuring plan

    (ANA-MPA) -- National Bank of Greece (NBG) on Friday unveiled a plan aimed at restructuring consumer and business loans, worth more than 1.0 billion euros, offering a boost to the bankās premium clients, while at the same time intensifying efforts to ensure payment of debts. (ANA-MPA)

    Addressing a general shareholdersā meeting, National Bank chief executive Apostolos Tamvakakis said the bank has introduced a series of loan restructuring products for all categories of retail and business banking. Tamvakakis said a new package of state guarantees, the valuable help of the European Central Bank and the ability of banks to create additional liquidity, allowed for optimistic forecasts that the Greek credit system will achieve good liquidity conditions gradually, in the first six months of 2011. (ANA-MPA)

    [05] Greek-Romanian diplomatic ties

    BUCHAREST (ANA-MPA) -- Attending a ceremony held here on Friday to mark the 130th anniversary of diplomatic relations between Greece and Romania, Greece's Alternate Foreign Minister Dimitris Droutsas stressed the strong social and economic ties between the two countries in the last two centuries, which he said remained unaffected by the economic crisis.

    In addition to historic ties, Droutsas also emphasised the support given by Greece to Romania's more recent efforts to join the European Union and NATO, as well as the close cooperation between the two countries at present for the EU accession of the western Balkans.

    He particularly emphasised their strong economic ties, noting that Greece had been one of the biggest foreign investors in Romania during the past 20 years, with 4.5 billion euros of Greek capital invested in the country and 30,000 Romanians employed by Greek businesses.

    "The current economic crisis cannot restrict the strong impetus of our relations," Droutsas said in his speech, adding that Greece looked to boosting and deepening strategic cooperation with Romania on all levels.

    [06] Stocks end moderately up

    Stocks ended the last trading session of a highly volatile week with small gains at the Athens Stock Exchange on Friday. The composite index of the market rose 0.81 pct to end at 1,595.10 points, for a net loss of 3.81 pct in the week. Turnover was a low 113.4 million euros.

    The FTSE 20 index rose 1.02 pct, the FTSE 40 index ended 0.59 pct higher and the FTSE 80 index fell 0.44 pct. The Food (2.18 pct) and Banks (1.85 pct) sectors scored the biggest percentage gains of the day, while Insurance (4.53 pct) and Technology (1.88 pct) suffered losses. Broadly, advancers led decliners by 83 to 76 with another 69 issues unchanged. Elgeka (20 pct), Edrasi (14.29 pct) and Compucon (12.5 pct) were top gainers, while Epsilon Net (10 pct), Technical Publications (9.76 pct) and Nakas (8.82 pct) were top losers.

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