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Athens News Agency: News in English, 10-11-08

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

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

CONTENTS

  • [01] ND satisfaction over Sunday election results
  • [02] Juncker: Greek programme credible
  • [03] Banks rates up in Sept.
  • [04] Stocks end 1.27% higher

  • [01] ND satisfaction over Sunday election results

    (ANA-MPA) -- A main opposition New Democracy (ND) party spokesman on Monday expressed strong satisfaction over the results of the first round of the local government elections a day earlier, underlining that the voters sent a clear message to the government by condemning its policy.

    "Throughout the election campaign period, ND was calling on the people to send the message that the (government) policy needs to be changed, and the message was sent," ND spokesman Panos Panagiotopoulos stated, while asking, rhetorically, whether the prime minister has received it. (ANA-MPA)

    "ND has underlined that the message was the disapproval and rejection of the memorandum policy," adding that "the government should not proceed with the adoption of new tax collecting measures that will further intensify the market's suffocation." (ANA-MPA)

    "The outcome of Sunday's election showed that the ND-backed candidates are leading in most of the regions and municipalities," Panagiotopoulos said, adding that ruling PASOK has a less than 2-percentage-point lead over ND, compared to the 10.5 pct lead in last year's general elections. (ANA-MPA)

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

    [02] Juncker: Greek programme credible

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

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

    [03] Banks rates up in Sept.

    (ANA-MPA) -- Greek banks‚ deposit and lending interest rates continued moving higher in September despite an improvement in the country‚s economic situation, prevailing before talk of early general elections emerged three weeks ago. (ANA-MPA)

    The Bank of Greece said that deposit and lending interest rates were up since the beginning of the year, reflecting conditions of limited liquidity and increased uncertainty in the market. (ANA-MPA) Only the five-year fixed mortgage rate fell to 3.96 pct in September, from 4.60 pct in early 2010.

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

    [04] Stocks end 1.27% higher

    Stocks ended significantly higher at the Athens Stock Exchange on Monday, reflecting investors‚ relief after the government announced it would not seek early general elections in the country. The composite index rose 1.27 pct to end at 1,526.91 points, off the day‚s highs of 1,552.41 points. Turnover was a low 101.205 million euros. The Big Cap index jumped 1.58 pct, the Mid Cap index rose 0.62 pct and the Small Cap index ended 1.26 pct higher.

    The Telecoms (4.26 pct) and Insurance (3.06 pct) sectors scored the biggest percentage gains of the day, while Health (9.11 pct) and Travel (2.32 pct) suffered losses. Broadly, advancers led decliners by 114 to 45 with another 44 issues unchanged.

    Euroline (19.61 pct), Altec (16.67 pct) and Ideal (12.77 pct) were top gainers, while Mihaniki (25 pct) and Klonatex (16.67 pct) were top losers.

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


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