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Athens News Agency: News in English, 10-12-03

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

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

CONTENTS

  • [01] ND leader, LIBE delegation discuss spectre of illegal migration
  • [02] Iranian FM Mottaki due in Athens on Mon.
  • [03] Greek bond market closing report
  • [04] Skopje requests support for EU bid
  • [05] Samaras meeting with IMF head
  • [06] Stocks up 3.47% during week

  • [01] ND leader, LIBE delegation discuss spectre of illegal migration

    (ANA-MPA) -- Main opposition New Democracy leader Antonis Samaras on Friday met a delegation from the European Parliament's Committee on Civil Liberties, Justice and Home Affairs (LIBE) at ND party headquarters in Athens and was briefed on EU efforts and initiatives to restrict illegal migration on a Community level.

    Samaras apparently asked the committee members to exert greater pressure on member-states to activate European policy on the issue and show solidarity toward Greece as a member of the Community by strengthening the role of the EU border agency Frontex, and by exerting pressure on Turkey to abide by the re-admission protocols it has signed with Greece. He also called for accelerating the process for the signature of a similar agreement between Turkey and the EU. (ANA-MPA)

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

    [02] Iranian FM Mottaki due in Athens on Mon.

    (ANA-MPA)

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

    [03] Greek bond market closing report

    (ANA-MPA) -- A warning by Standard & Poor‚s over a possible new downgrading of the country‚s credit rating did not affect the Greek bond market on Friday. The yield spread between the 10-year Greek and German benchmark bond eased to 880 basis points from 886 bps on Thursday, with the Greek bond yielding 11.68 pct and the German Bund 2.88 pct. Turnover in the market was a low 21 million euros of which 16 million were buy orders and the remaining 5.0 million euros were sell orders. The three-year benchmark bond was the most heavily traded security with a turnover of 11 million euros.

    In interbank markets, interest rates were largely unchanged. The 12-month rate was 1.52 pct, the six-month rate was 1.25 pct, the three-month 1.02 pct and the one-month rate 0.81 pct.

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

    [04] Skopje requests support for EU bid

    SKOPJE (ANA-MPA) -- The foreign minister of the former Yugoslav Republic of Macedonia (fYRoM), Antonio Milososki, has reportedly sent a letter to his Greek counterpart Dimitris Droutsas, in which he asks Athens to support a decision for the start of EU accession negotiations with his country at the upcoming EU summit in mid December.

    The letter was published by the foreign ministry in Skopje on Friday but has not yet been received by the Greek foreign ministry, officials in Athens stated.

    In the letter, Milososki refers to the European Commission's recommendation for the start of accession talks with fYRoM, pointing out that this was the second consecutive year that the landlocked one-time Yugoslav republic had been judged ready to proceed to the next stage of the accession process, and five years since it had become a candidate for EU entry.

    "This situation is unbearable both for a candidate-country that in the next month will establish full trade ties with the EU, in the framework of the Association and Stabilisation Agreement, and for the credibility of the EU and the enlargement policy," Milososki said.

    The fYRoM foreign minister noted that Greece can contribute decisively to reviving the European integration of the region by supporting the start of accession negotiations with his country.

    "With such as step we will also give a boost, together, to the necessary positive climate of mutual trust in the relations between us for a final resolution of the final bilateral difference, a viable solution that is accepted by both countries and peoples for the benefit of regional and European stability and prosperity," Milososki underlined.

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

    [05] Samaras meeting with IMF head

    (ANA-MPA) -- Main opposition New Democracy (ND) leader Antonis Samaras will meet next week with International Monetary Fund (IMF) managing director Dominique Strauss-Kahn and European Commissioner for economic and monetary affairs Olli Rehn, who will be on visits to Athens.

    Samaras met on Friday with the chairmen of the party's regional organisations, to whom he stressed that the organisations must emanate from, belong to and serve the society, especially in these critical times for the country. (ANA-MPA)

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

    [06] Stocks up 3.47% during week

    Stocks ended higher at the Athens Stock Exchange on Friday despite a decline in the bank index reflecting an 1.19 pct decline in National Bank‚s share price.

    The composite index rose 0.84 pct to end at 1,486.50 points, for a net gain of 3.47 pct in the week. Turnover was a disappointing 87.808 million euros.

    The Big Cap index rose 0.40 pct, the Mid Cap index ended 1.40 pct higher and the Small Cap index rose 2.66 pct. OPAP (4.76 pct), MIG (4.62 pct) and Coca-Cola Hellenic Bottling (2.01 pct) were top gainers among blue chip stocks, while National Bank (2.19 pct), Alpha Bank (1.35 pct) and ATEbank (1.19 pct) were top losers.

    The Technology (8.88 pct), Travel (4.46 pct) and Health (3.58 pct) sectors scored the biggest percentage gains of the day, while Banks fell 1.01 pct. Broadly, advancers led decliners by 119 to 54 with another 41 issues unchanged. Forthnet (23.91 pct), Ikona-Ihos (16.67 pct) and Intrakat (11.86 pct) were top gainers, while NEL (26.67 pct), Elfico (13.33 pct) and Pairis (10 pct) were top losers.

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


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