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Athens News Agency: News in English, 10-12-06

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

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

CONTENTS

  • [01] Former ND FinMin blames gov't for IMF recourse
  • [02] Greek, Iranian FMs meet
  • [03] Stocks up in slow trading

  • [01] Former ND FinMin blames gov't for IMF recourse

    (ANA-MPA) -- Former finance minister with the preceding New Democracy (ND) government Yannis Papathanassiou on Monday unveiled a publication entitled "Using the Language of Numbers: the Truth About the Economy", stressing that his endeavour "constitutes an effort to present the truth on the Greek economy and the moves that led the country to the International Monetary Fund (IMF)".

    Papathanassiou underlined that "following a year of one-sided presentation of the situation by the ruling PASOK government," he decided to "speak using facts and figures proving that the recourse to the IMF's support is the result of a number of actions and omissions made by the current government".

    The former finance minister stressed that "the PASOK government has intentionally falsified the truth to defame the main opposition New Democracy (ND) party and serve its own interests".

    He added that in the nine-month period he was in charge of the Greek economy he did everything in his power to stop the deficit and debt crisis from turning into a crisis of trust between the country and the international markets. "This was accomplished by the PASOK government in just six months leading Greece to the IMF", he concluded.

    More details on the subscriber's page of ANA-MPA | Subscription request form

    [02] Greek, Iranian FMs meet

    (-PA) -- International and regional issues, including bilateral economic ties, mostly dominated a meeting in Athens on Monday between Greek Foreign Minister Dimitris Droutsas and visiting Iranian FM Manuchehr Motaki.

    Following private consultations, the two foreign ministers were joined by diplomats from both countries.

    In a direct statement over Iran's controversial nuclear programme, Motaki underlined that "nuclear weapons do not resolve any problem, the only thing they bring is destruction," while adding that a nuclear-free zone is the best guarantee for security. (-PA)

    Moreover he expressed a hope that talks beginning Monday in Geneva over Iran's nuclear programme will continue in a positive light, so as to reach a positive result for all sides.

    More details on the subscriber's page of ANA-MPA | Subscription request form

    [03] Stocks up in slow trading

    Stocks ended slightly higher at the Athens Stock Exchange on Monday, mostly boosted by investors' interest in low capitalisation shares, with the composite index up 0.43 pct to end at 1,492.92 points. Turnover was a disappointing 62.18 million euros.

    The Big Cap index rose0.87 pct, the Mid Cap index ended 0.44 pct higher and the Small Cap index rose 2.35 pct.

    Mass media (7.04 pct), Technology (5.34 pct) and Financial Services (4.98 pct) sectors scored the biggest percentage gains of the day, while Foods & Beverages fell 2.38 pct.

    Broadly, advancers led decliners by 105 to 65 with another 51 issues unchanged.

    More details on the subscriber's page of ANA-MPA | Subscription request form


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