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Athens News Agency: News in English, 10-10-04

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

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

CONTENTS

  • [01] Deposits in Greek banks up in Aug.
  • [02] Q2 external debt 187% of GDP
  • [03] OTE CEO to leave

  • [01] Deposits in Greek banks up in Aug.

    To view the article please contact the ANA-MPA's subscription department at 2106400560.

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

    [02] Q2 external debt 187% of GDP

    (ANA-MPA) -- Greece's gross external debt grew by 21.3 billion euros in the second quarter of 2010, from the same period last year, to reach 434.3 billion euros, or 187 pct of the country‚s GDP, the Bank of Greece said on Monday.

    In a report, the central bank, said the figures for the external debt included debt to other countries from the general government, banks, etc, with the general government debt including the current value of Greek state securities held by foreigners.

    The public sector‚s external debt eased to 184 billion euros at the end of June from 213.1 billion euros in the first quarter of the year. This decline reflected mainly a large fall in the value of Greek state bonds during that period. The Bank of Greece said foreign investors‚ portfolio with Greek state bonds totaled 200 billion euros in March to fall to 154.7 billion euros in June (based on prices set in the secondary bond market).

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

    [03] OTE CEO to leave

    (ANA-MPA) -- Hellenic Telecommunications Organisation (OTE) chairman and chief executive Panagiotis Vourloumis on Monday expressed his desire to leave the post.

    Speaking to reporters, Vourloumis said "I want very much to leave OTE", adding that this would be the right thing for the organisation since lengthy transition periods cause problems, noting that a swift solution was necessary.

    He said he will leave OTE's helm at the end of the year, saying talks are currently between OTE‚s main shareholders over his successor. (ANA-MPA)

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


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