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Athens News Agency: News in English, 10-08-03

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

From: The Athens News Agency at <>


  • [01] PPC to freeze electricity rates
  • [02] New fires on Samos
  • [03] FRONTEX office in Piraeus
  • [04] ASE opening: Marginal decline

  • [01] PPC to freeze electricity rates

    ΑΝΑ-ΜΠΑ/Public Power Corporation will freeze its electricity rates from August 1st, after a decision by Environment, Energy and Climate Change Deputy Minister Yiannis Maniatis to suspend the introduction of a "fuel clause" on electricity bills.

    The "fuel clause", initially introduced early this year, is rolling-over to electricity rates any fluctuations in international fuel prices, used by PPC to produce electricity energy. The evaluation of the clause is set on a quarterly basis. A ministry announcement said the suspension of the measure was necessary for social reasons of protecting consumers against increased living costs.

    [02] New fires on Samos

    A wildfire which broke out on Monday on the island of Samos, in the Marathokampo and Karlovassi regions, was threatening residential areas.

    Hotels in the area were evacuated in a preventive move.

    Six water-dropping planes, one Super puma helicopter and 75 firefighters were dispatched to the eastern Aegean island to join firefighting forces battling the blaze.

    [03] FRONTEX office in Piraeus

    ANA-MPA/Director of FRONTEX Ilka Laitinen said on Monday that the Greek borders "is a clear challenge faced today by the European Union."

    Speaking after the signing of an agreement for the opening in Piraeus of the first office of FRONTEX in Europe Laitinen said that an excellent work was being done in Greece regarding the handling of illegal immigration and the agency would everyting in its power to encourage EU member-states to take part in the operation and be more decisive in tackling immigration at the European frontiers.

    On his part, Greek Protection of the Citizen Minister Mihalis Chryssohoidis, who signed the agreement on the part of Greece, said that with the esteblishment of the office the country upgrades considerably efforts being deployed against human trafficking rings and illegal immigration.

    The Piraeus-based FRONTEX office, which will function on a pilote programme for the next two years, will employ 13 persons and will supervise the EU's southeastern, that is Malta, Italy Greece and Cyprus.

    [04] ASE opening: Marginal decline

    Equity prices were declining at the opening of trade on Tuesday on the Athens Stock Exchange (ASE), with the basic share price index down 0.02 percent, standing at 1,747.46 points at 11:00 am, and turnover at 17.308 million euros.

    The biggest gains were in Insurance, up 4.41 percent; and Public Utilities, up 1.23 percent.

    The biggest losses were in Media, down 1.99 percent; and Technology, down 1.31 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was down 0.07 percent, the FTSE/ASE MID 40 index was down 0.26 percent, and the FTSE/ASE-80 small cap index was down 0.29 percent.

    Of the stocks traded, 28 were up, 35 were down, and 19 were unchanged.

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