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Athens News Agency: News in English, 10-09-20

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

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

CONTENTS

  • [01] PM's agenda at UN; D.C. meetings
  • [02] City of Athens to honour George Bizos
  • [03] Gov't: Road freight will be opened
  • [04] Greek, Turkish grids linked
  • [05] Stocks significantly drop

  • [01] PM's agenda at UN; D.C. meetings

    NEW YORK (ANA-MPA) -- Greek Prime Minister George Papandreou, currently in the United States for the 65th UN General Assembly, will attend a UN high level plenary meeting on the Millennium Development Goals (MDGs) -- to be launched here later this afternoon (Greek time) followed by a roundtable discussion.

    Papandreou is also scheduled to meet with Arab League Secretary-General Amr Moussa and immediately after the meeting he head to Wall Street to attend a dinner in his honour. (ANA-MPA) The Greek premier is expected to refer to a number of issues concerning the Athens government's development and investment programme and brief top US financial editors on the course of the Greek economy.

    Afterwards, he will return to the UN headquarters to attend a Socialist International (SI) board meeting.

    A meeting with Iranian President Mahmoud Ahmadinejad is scheduled to take place around midnight (Greek time). (ANA-MPA)

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

    [02] City of Athens to honour George Bizos

    Athens Mayor Nikitas Kaklamanis will present the City of Athens' medal of honour and benefaction to Nelson Mandela's legal counsel and human rights advocate George Bizos, in a ceremony to be held on Friday at the Athens City Hall.

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

    [03] Gov't: Road freight will be opened

    (ANA-MPA) -- The government on Monday reiterated that there will be no five-year transitional period in the implementation of the legislation liberalising road freight transport in Greece and rejected proposals by protesting truck owners, suggesting that they retain 35 pct of the value of their licences. (ANA-MPA)

    Transports and Infrastructure Minister Dimitris Reppas also stated that the government is considering the likelihood of allowing privately owned trucks to execute road transport, in an effort to prevent possible shortages in market supplies.

    Truck owners, who are protesting against plans to pass legislation that will liberalise their mostly "closed shop" profession by allowing new truck licences to be issued, have lined up their vehicles along major motorway intersections in the greater Athens, causing serious traffic jams. (ANA-MPA)

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

    [04] Greek, Turkish grids linked

    (ANA-MPA) -- A pilot connection of the European and Turkish power grids began on Saturday via links with the high voltage lines of both the Greek and Bulgarian grids, according to an announcement here on Monday by the Hellenic Transmission System Operator S.A. (HTSO).

    The pilot phase will last for one year, with the first month of operation being executed without commercial transactions. The second phase envisions an evaluation of the operational results and commercial transactions, such as electricity sales etc. (ANA-MPA)

    Greek and Turkish grids were first connected, temporarily, along high voltage lines in the summer of 2007, in order to facilitate electricity transfers during peak periods.

    The new connection is implemented along a 400,000-volt line and falls under the European Network of Transmission System Operators - Electricity (ENTSO) as well as the former Union for the Coordination of Transmission Electricity.

    According to HTSO officials, the development upgrades Greece's role as an energy hub in southeast Europe. (ANA-MPA)

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

    [05] Stocks significantly drop

    Stocks came under strong selling pressure at the Athens Stock Exchange on Monday, pushing the composite index of the market below the 1,500 level. The index fell 2.09 pct to end at 1,492.36 points, with turnover at 127.384 million euros. Foreign institutional investors were top sellers, particularly of Greek bank shares.

    The Big Cap index fell 2.52 pct, the Mid Cap index eased 1.33 pct and the Small Cap index ended 2.55 pct lower. The Technology (0.40 pct) was the only sector to scored gains, while Health (4.57 pct) and Banks (3.37 pct) suffered the heaviest percentage losses of the day.

    Broadly, decliners led advancers by 134 to 47 with another 32 issues unchanged. Attikat (14.29 pct), Elmec Sport (10 pct) and Mohlos (9.09 pct) were top gainers, while Druckfarben (14.06 pct), Hatzioannou (12.5 pct) and Vovos (10.32 pct) were top losers.

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


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