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Athens News Agency: News in English, 10-10-13

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 pans rumors of loan mechanism extension
  • [02] New unemployment registrations up 3.16% in Sept
  • [03] Press report: Turkish foundation to return Prinkipo orphanage to Patriarchate
  • [04] Athens on fYRoM 'name issue'
  • [05] Bond yields down in Sept.

  • [01] Gov't pans rumors of loan mechanism extension

    (ANA-MPA) -- The government spokesman on Wednesday was repeatedly queried on the prospect of an extension of the repayment period for the 110-billion-euro EU-ECB-IMF support mechanism extended to Greece, an issue that has dominated press speculation in the local media over the last two days.

    "The government is not discussing extensions. It discusses the firm observance of our goals because this brings results and is the only way out of the crisis. Rest assured that there will be no new terms or measures in the case of any formal discussion and decision," government spokesman Giorgos Petalotis said, adding: "a discussion is going on in the IMF ... Greece has made no such request, nor is it participating in this discussion". (ANA-MPA)

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

    [02] New unemployment registrations up 3.16% in Sept

    (ANA-MPA) To view this article please call the ANA-MPA's subscription department at 2106400560.

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

    [03] Press report: Turkish foundation to return Prinkipo orphanage to Patriarchate

    ISTANBUL (ANA-MPA / A. Abatzis) -- Press reports here on Wednesday claimed that Turkey's General Directorate of Foundations (Vakiflar Genel Mudurlugu) has decided to re-register the historic Greek Orthodox orphanage on Büyükada (Prinkipo) -- billed as the world's second-largest wooden structure -- with the Istanbul-based Ecumenical Patriarchate.

    According to a newspaper report, the Turkish state organisation just barely met a three-month European Court of Human Rights (ECHR) deadline -- Wednesday was the last day -- to re-register the property, following a relevant ECHR ruling last June.

    If confirmed, the development would mark the first time that such a property has been returned to a recognised religious minority by the Turkish foundation.

    According to the same report by the "Haberturk" newspaper, registration of the property at the Turkish cadastre office in the name of the Patriarchate is expected to take place next week.

    Ecumenical Patriarchate Bartholomew has previously stated that the orphanage will be turned into an inter-faith centre for dialogue and peace.

    The orphanage was originally built as a hotel by renowned French architect Alexandre Vallaury in the 1890s; it was subsequently bought in 1903 and donated to the Patriarchate by Hélène Zafiropoulo-Zarifi, the wife of Ioannis Zarifi, a banker to then Ottoman Sultan Abdul Hamid ll, with the stipulation that it be used as an orphanage for ethnic Greek children. The orphanage was closed in 1964 at the height of tensions over Cyprus.

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

    [04] Athens on fYRoM 'name issue'

    (ANA-MPA) -- A foreign ministry spokesman on Wednesday again called on the leadership of the former Yugoslav Republic of Macedonia (fYRoM) to focus all its attention on the ongoing process for resolving the still pending "name issue", namely, via the efforts and mandate of UN special mediator Matthew Nimetz.

    Speaking at a regular weekly press briefing, spokesman Grigoris Delavekouras warned against any possibility that the NATO and EU accession process will be bypassed to allow for fYRoM's membership without a previous resolution to the "name issue".

    "Everyone now agrees that fYRoM's leadership is procrastinating," he stressed, reminding that the neighbouring country's prime minister failed to attend last month's UN General Assembly meeting in New York City, an absence that deprived the two prime ministers (Greece and fYRoM) of the opportunity to hold a face-to-face meeting.

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

    [05] Bond yields down in Sept.

    (ANA-MPA) -- Greek state bond yields fell significantly in September, with the three-year benchmark bond yield falling by 176 basis points to 10.45 pct and the 10-year benchmark bond yield falling 101 basis points to 10.48 pct at the end of the month, the Bank of Greece said on Wednesday.

    The central bank, in a report on the Greek bond market, said the yield curve remained reversed, with the yield spread between the 30- and the three-year bond at -193 bps (ANA-MPA) at the end of September, from -295 bps a month earlier. The average daily yield spread between the 10-year Greek and German benchmark bonds fell to 824 bps in September from 937 in August.

    The three-year bond price jumped to 87.05 pct at the end of September from 83.19 a month earlier, while the 10-year bond price rose to 74.80 from 69.94 and the 30-year bond price jumped to 58 from 53.18 pct over the same periods, respectively. (ANA-MPA)

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


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