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Athens News Agency: News in English, 10-11-04

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

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

CONTENTS

  • [01] Employee injured, suspect arrested in Tax Bureau hold-up in Exarchia
  • [02] OTE reports lower results
  • [03] ASE opening: Rise

  • [01] Employee injured, suspect arrested in Tax Bureau hold-up in Exarchia

    ANA-MPA/A Tax Bureau (DOY) security guard was lightly injured by two gunmen who held up DOY office in the Exarchia district in central Athens on Thursday morning, and a suspect has been arrested.

    Police two gunmen ran into the DOY office at 10:55 a.m. and at gunpoint grabbed an as yet unknown amount of money. The gunmen opened fire as they were fleeing, injuring the security guard in the legs.

    Police who rushed to the scene, assisted by passers-by, arrested a man who is believed to be one of the two hold-up men, while a search is ongoing for the second man.

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

    [02] OTE reports lower results

    ANA-MPA/Hellenic Telecommunications Organisation (OTE) on Thursday reported lower nine-month results, hit by an economic crisis in the country.

    OTE said third quarter consolidated turnover fell 7.8 pct compared with the same period last year to 1.393 billion euros, while EBITDA fell 14.9 pct and net profits dropped 23.5 pct to 126.3 million euros. Nine-month turnover was down 6.5 pct to 4.152 billion euros, EBITDA fell 14.8 pct and net profits plunged 70.2 pct.

    Turnover in fixed-telephony business fell 8.1 pct in the January-September period in Greece and by 7.5 pct in Romania. Mobile telephony turnover dropped 7.3 pct in Greece and 4.3 pct in other Balkan countries, while income from other businesses rose 9.7 pct in the nine-month period.ANA-MPA OTE said its activities in fixed-telephony in Greece were hit by non-competitive prices imposed by the market's watchdog on the group, turning consumers to alternative telephone services providers.

    The ADSL market in Greece surpassed 2.4 million subscribers at the end of September, from around 2.0 million a year earlier, with OTE losing market share (44.6 pct in the third quarter from 50.8 pct in the third quarter of 2009).

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

    [03] ASE opening: Rise

    Equity prices were rising at the opening of trade on Thursday on the Athens Stock Exchange (ASE), with the basic share price index up 1.21 percent, standing at 1,535.23 points at 11:00 am, and turnover at 15.125 million euros.

    Individual sector indices were moving upwards, with the biggest gains in Banks, up 2.30 percent; and Telecoms, up 1.92 percent.

    The biggest losses were in Media, down 2.54 percent and Personal and Household Goods, down 0.29 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was up 1.61 percent, the FTSE/ASE MID 40 index was up 0.78 percent, and the FTSE/ASE-80 small cap index was up 0.90 percent.

    Of the stocks traded, 49 were up, 12 were down, and 20 were unchanged.

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


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