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Athens News Agency: News in English, 10-08-17

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

From: The Athens News Agency at <>


  • [01] Gov't on Med Sea drilling
  • [02] Banks fuel rally on Tues.

  • [01] Gov't on Med Sea drilling

    (ANA-MPA) -- Environment, Energy and Climate Change Minister Tina Birbili on Tuesday cited Athens' concerns regarding deep-sea drilling in the Mediterranean Sea.

    in a letter to her Italian counterpart Stefania Prestigiacomo, the Greek minister stressed that provisional restrictions on deep-sea drilling for oil are necessary until Mediterranean countries establish and adopt a specific strategy for such drilling in the Mediterranean basin.

    "In case of an accident, like the one in the Gulf of Mexico, the consequences for the sea would be disastrous and possibly irreversible. For this reason, coordination and preventative mechanism is necessary," she said.

    [02] Banks fuel rally on Tues.

    Heightened interest by investors in bank shares rallied the Athens Stock Exchange on Tuesday, with the composite index of the market up 2.81 percent to end at 1,678.06 points. Turnover was still a low 78.92 million euros.

    The Big Cap index jumped 3.68 pct, the Mid Cap index ended 1.45 pct higher and the Small Cap index increased by 3.53 pct. Financial Services (5.70 pct) and Banks (4.90 pct) scored the biggest percentage gains of the day, while Insurances (4.11 pct) and Foodstuffs (0.94 pct) were the only indexes to show losses.

    Broadly, advancers led decliners by 139 to 49 with another 21 issues unchanged.

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