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Athens News Agency: News in English, 10-10-06

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

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

CONTENTS

  • [01] Authorities raid large warehouse full of counterfeit goods
  • [02] Economy shrinks 3.7 pct in Q2, Eurostat
  • [03] NBG, positive quips fuel ASE

  • [01] Authorities raid large warehouse full of counterfeit goods

    (ANA-MPA) -- Greek police (EL.AS) and Athens municipal authorities on Wednesday raided a massive "black market" warehouses in the downtown area, with thousands of counterfeit brand name items reportedly detected at the scene.

    The warehouse, located on Kolonou street, was equipped with closed circuit television monitors set up inside and outside the building, special installations and hidden passages that led to enormous underground storage areas situated in an adjacent building. The illegal warehouse measured at least 2,000 square metres in total area and hosted a huge volume of counterfeit items found, a press release by the City of Athens stated.

    The operation was carried out in the presence of the public prosecutorās office in collaboration with police, the Athens municipal police, the special investigation service and the Athens prefecture's sanitation department.

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

    [02] Economy shrinks 3.7 pct in Q2, Eurostat

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

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

    [03] NBG, positive quips fuel ASE

    Stocks ended significantly higher at the Athens Stock Exchange on Wednesday, reflecting strong buying interest particularly for bank shares.

    The composite index of the market jumped 3.29 pct to end at 1,552.55 points, with turnover at 131.170 million euros. Market participants said the end of trading in National Bankās rights, combined with positive comments and reports for the Greek economy, created a favourable climate in the market.

    National Bankās shares jumped 6.77 pct, Alpha Bank rose 6.45 pct, Eurobank was up 5.26 pct, Piraeus Bank rose 4.16 pct and ATEbank jumped 7.87 pct.

    The Big Cap index rose 3.89 pct, the Mid Cap index ended 2.81 pct higher and the Small Cap index rose 2.84 pct.

    All sectors moved upwards, with the Banks (5.49 pct) and Commerce (4.96 pct) scoring the biggest percentage gains of the day. Vioter (20 pct), Paperpack (16.33 pct) and Hatzioannou (15.38 pct) were top gainers, while Compucon (16.67 pct), Motodynamic (10 pct) and Allatini Ceramics (9.23 pct) were top losers.

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


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