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Athens News Agency: News in English, 10-07-15

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

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Gov't examining Piraeus Bank proposal for acquisition of stakes in ATEbank, Hellenic Postbank
  • [02] Unemployment at 11.9% in Apr.

  • [01] Gov't examining Piraeus Bank proposal for acquisition of stakes in ATEbank, Hellenic Postbank

    (ANA-MPA) -- The Greek government is examining a proposal by Piraeus Bank to purchase the stateās holdings in ATEbank and Hellenic Postbank, the finance ministry announced on Thursday.

    In an announcement, the ministry said a written proposal by Piraeus Bank chairman Michalis Sallas was delivered on Wednesday to Finance Minister George Papaconstantinou, (ANA-MPA) and noted that the government was examining the proposal within the framework of institutional procedures, based on the public interest, the viability of both ATEbank and Hellenic Postbank and of the banking system and the Greek economy in general. (ANA-MPA)

    Piraeus Bank said its bid to buy the stateās holdings in the two Athens-listed banks was in cash and totaled 0.53 euros per share for ATEbank and 3.5 euros per share for Hellenic Postbank. (ANA-MPA)

    [02] Unemployment at 11.9% in Apr.

    Greece's unemployment rate jumped to 11.9 pct in April this year, up from 9.4 pct in the same month last year and 11.6 pct in March 2010, the Hellenic Statistical Authority (ELSTAT) announced on Thursday.

    In a report, the statistics service said the number of unemployed people totaled 596,979 in April, up 130,101 from April 2009 (an increase of 27.9 pct) and up by 18,256 from March this year (an increase of 3.2 pct). The number of employed people totaled 4,412,946 in April, down 69,318 compared with April 2009 (a decline of 1.5 pct) and by 10,953 compared with March 2010 (a decline of 0.2 pct).

    The unemployment rate among women totaled 15.5 pct, up from 13.3 pct in April last year, while among men was 9.3 pct (6.7 pct in April 2009). The 15-24 age group recorded the highest unemployment rate (30.8 pct), followed by the 25-34 age group (15 pct) and the 34-44 group (10.4 pct).

    The southern Aegean (22.7 pct), Ionian Islands (19.8 pct) and western Macedonia (16.1 pct) recorded the highest unemployment rates among the countryās regions, while northern Aegean (4.8 pct), the Peloponnese (9.8 pct) and Thessaly (10.5 pct) the lowest unemployment rates. Attica (the greater Athens area) recorded an 11.6 pct unemployment rate, up from 8.0 pct last year.


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