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Athens News Agency: News in English, 10-12-02

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

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

CONTENTS

  • [01] Important decisions at OSCE Summit
  • [02] ASE opening: Rise

  • [01] Important decisions at OSCE Summit

    Astana (ANA-MPA/G. Milionis) -- Prime minister George Papandreou said on Thursday that many important decisions are being taken at the Organisation for Security and Cooperation in Europe (OSCE) Summit in Astana, Kazakhstan, which winds up later in the day.

    Addressing the opening session of the summit on Wednesday, Papandreou stressed the need for a new "security community".

    Greece's presence in the OSCE is particularly significant, both in the chairmanship of the organisation and in the so-called 'troika (the preceding, current and next chairmanship), Papandreou said on Thursday.

    "We have succeeded in advancing very important decisions, such as the Corfu Process, which was definitive in creation a new perception of security in wider Europe, a perception that is not one of conflict but one of cooperation among not only the Europeans but also the players in the wider region," Papandreou said.

    The Greek premier also spoke of an "important process since it led to NATO's decision to upgrade its relations with Russia, a very significant decision for the security of the citizens of so many countries".

    At the same time, the country is also advancing its bilateral relations and, in this case, in a region that had been forgotten for Greece, but is of great significance to the country because it is a hub in the world energy map, Papandreou continued, adding that many possibilities also exist for collaborations, as well as the historical and cultural ties.

    He further noted the prospects for cooperation in the fields of construction, manufacturing, agriculture and tourism, and stressed the friendly sentiments in Kazakhstan towards Hellenism and Greece.

    "The result is positive and allows us to invest in the future of our relations," Papandreou stressed.

    The Greek premier met on Thursday, on the sidelines of the OSCE summit, with Vatican prime minister Cardinal Tarcisio Bertone.

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

    [02] 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 1.48 percent, standing at 1,496.2 points at 11:15 am, and turnover at 21.891 million euros.

    Individual sector indices were moving upward nearly across the board, with the only decline in Health, down 0.48 percent.

    The biggest gains were in Insurance, up 5.28 percent; Commerce, up 2.46 percent; and Services, up 1.99 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was up 1.56 percent, the FTSE/ASE MID 40 index was up 0.95 percent, and the FTSE/ASE-80 small cap index was up 0.71 percent.

    Of the stocks traded, 60 were up, 15 were down, and 16 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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