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Athens News Agency: News in English, 10-08-02

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

From: The Athens News Agency at <>


  • [01] Big rise at ASE opening
  • [02] Athens Newspaper Headlines

  • [01] Big rise at ASE opening

    Equity prices were rising at the opening of trade on Monday on the Athens Stock Exchange (ASE), influenced by the European markets, with the basic share price index up 2.07 percent, standing at 1,716.74 points at 11:00 a.m., and turnover at 15.993 million euros.

    Individual sector indices were moving upward across the board, with the biggest gains in Banks, up 3.78 percent; and Industrial Products, up 3.16 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was up 2.52 percent, the FTSE/ASE MID 40 index was up 1.78 percent, and the FTSE/ASE-80 small cap index was up 0.83 percent.

    Of the stocks traded, 58 were up, 9 were down, and 4 were unchanged.

    [02] Athens Newspaper Headlines

    The freight and tanker truck owners' suspension of their strike and gradual normalisation of the market and the EU-IMF troika's report on the Greek economy to be submitted to the finance minister on Monday mainly dominated the front pages of Athens' dailies on Monday.

    ADESMEFTOS TYPOS: "Layoffs of thousands of employees in the DEKO (public utilities and organisations)...900 branches to be merged, other positions to be abolished".

    APOGEVMATINI: "Much damage for nothing - The dialogue between government and trade unionists begins again...from where it stopped".

    AVRIANI: "Ministers fear the political cost of mass layoffs in the DEKO demanded by the troika".

    ELEFTHEROS: "Mass layoffs in public sector, DEKO, being brought by the inspection and the bitter instructions of the Memorandum".

    ELEFTHEROS TYPOS: "Exclusive: They're (government) covertly reducing the basic pension of 360 euros - Explosive provision in the 'fine print' of the social security law".

    ELEFTHEROTYPIA: "10 commandments for new fronts - What the troika demands in the next two months".

    ESTIA: "Disinflation the IMF's target, through deregulation of markets and professions".

    ETHNOS: "Just 50 university Departments require more than 18,000 grade points".

    IMERISSIA: "Fronts opening up now with seven professions - Strict instructions of troika for opening of the markets".

    NAFTEMPORIKI: "Additional revenues of 4.5 billion euros from new taxes in 2011".

    TA NEA: "What will change for the closed-shop professions - In two months".

    VRADYNI: "Euro-Rambos at the General State Accounts Office - After Brussels' approval (of the troika report)".

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