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Athens News Agency: News in English, 10-09-01

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: Good intentions via actions, not words
  • [02] Police on Crete arrest 5 for kidnapping of UK-based professor
  • [03] PM awarded Quadriga Award
  • [04] Summer sales turnover slides
  • [05] Stocks end 1.01% higher

  • [01] Gov't: Good intentions via actions, not words

    (ANA-MPA) -- Greece will not back down from its territorial rights and expects Ankara to prove its good intentions with actions rather than just words, government spokesman George Petalotis stressed on Wednesday.

    The spokesman was responding to statements concerning the results of a meeting on Tuesday in Ankara between Alternate Foreign Minister Dimitris Droutsas and Turkish Foreign Minister Ahmet Davutoglu on the sidelines of a basketball match between the Greek and Turkish national teams, as well as reports that Turkey intends to remove a "threat of war" in the event that Greece extends its territorial waters to 12 nautical miles, as it is entitled to under the International Law of the Sea.

    "Mr. Droutsas and the government have a standing view that there is no concession and there will be no backing down from our national territorial rights and that Turkey must, beyond words, also proceed with actions to show that it means what it says," Petalotis said.

    "We are neither intimidated nor terrified by statements of friendship, hostility or anything else. We are interested in the substance, which is the defence of our national rights," he added.

    More details on the subscriber's page of APE-MPE | Subscription request form

    [02] Police on Crete arrest 5 for kidnapping of UK-based professor

    (ANA-MPA) -- Police in Rethymno on Wednesday reported a further five arrests in connection with the abduction on the island of Crete of a 50-year-old lecturer from Manchester University in England. The five, all residents of Iraklio, have been charged as accomplices in the kidnapping.

    They include two Greek women aged 32 and 60 years, respectively, and three Greek men aged 37, 41 and 43 years old. According to police, all five participated in the preparation and execution of the kidnapping. They will now be led before a public prosecutor in Lasithi prefecture. (ANA-MPA)

    The kidnapping was planned and carried out by the brother of 20-year-old student Aggeliki Stavroulaki from Asi Gonia in Hania. The young student has been missing since she left home on Feb.18 this year and her brother kidnapped the 50-year-old lecturer in the belief that he knew of her whereabouts because of the friendship between them.

    Stavroulakis turned himself in to police on Tuesday and admitted to the kidnapping. The unnamed academic had been on holiday in the region when he was abducted last Thursday. The victim has been found but police say he has suffered both physical and mental abuse. (ANA-MPA)

    More details on the subscriber's page of APE-MPE | Subscription request form

    [03] PM awarded Quadriga Award

    (ANA-MPA) -- Greek Prime Minister George Papandreou will be amongst the recipients of Germany's prestigious Quadriga award for 2010 for his social contributions and high-profile efforts to reform Greece's fiscal policies in tandem with efforts to avert the country's bankruptcy, it was announced on Wednesday.

    According to the award's website, the Quadriga has been bestowed every year since 2003 on Oct. 3 -- the anniversary of Germany's reunification -- in Berlin to four per­so­na­li­ties active in politics, the business world, social issues and culture. Recipients are honored for their commitment to a future of en­lighten­ment, re-­ge­ne­ra­tion and their pio­neering spi­rit.

    Government spokesman Giorgos Petalotis called the premier's selection for the award as "particularly distinguished', in comments to the ANA-MPA.

    The name of the award refers to "Die Quadriga", the le­gen­dary ensemble at the Brandenburg Gate in Berlin.

    More details on the subscriber's page of APE-MPE | Subscription request form

    [04] Summer sales turnover slides

    (ANA-MPA) -- The summer sales season apparently failed to materialise the retail sectorâs hopes for a recovery, with turnover falling more than 25 pct this year, after a decline of 22-24 pct in 2009.

    Presenting results of the summer sales season, Vassilis Korkidis, the president of the National Confederation of Hellenic Commerce (ESEE), said early hopes (ANA-MPA) of a recovery - based on better-than-expected sales in the first fortnight of the season - did not materialise and stressed that sales fell as much as 65 pct in some regions of the country.

    The retail sector said the situation was expected. ESEE said the retail sector has launched an aggressive discount offer campaign as of Sept. 1. (ANA-MPA)

    More details on the subscriber's page of APE-MPE | Subscription request form

    [05] Stocks end 1.01% higher

    Stocks ended a volatile session higher in the Athens Stock Exchange on Wednesday. The composite index of the market rose 1.01 pct to end at 1,571.12 points, with turnover a low 110.392 million euros. The Big Cap index rose 1.41 pct, the Mid Cap index ended 0.10 pct higher and the Small Cap index rose 0.43 pct.

    The Financial Services (4.85 pct) and Oil (2.54 pct) sectors scored the biggest percentage gains of the day, while Travel (3.65 pct) and Insurance (1.46 pct) suffered losses.

    Broadly, advancers led decliners by 102 to 66 with another 41 issues unchanged.

    Klonatex (20 pct), NEL (20 pct) and Edrasi (12.5 pct) were top gainers, while Creta Farm (9.65 pct), Atlantic (8.70 pct) and Viokarpet (7.29 pct) were top losers.

    More details on the subscriber's page of APE-MPE | Subscription request form


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