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Athens News Agency: News in English, 11-01-10

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

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

CONTENTS

  • [01] PM chairs meeting on energy issues, pipelines
  • [02] Inspections intensify in Greece following German dioxin scare
  • [03] Transport strikes continue
  • [04] ASE hits 14-year low

  • [01] PM chairs meeting on energy issues, pipelines

    ANA-MPA - Prime Minister George Papandreou on Monday chaired a government meeting focusing mainly on planned natural gas and oil pipelines passing through Greece, government sources revealed.

    The meeting was held in Parliament and served as a first briefing on ahead of the upcoming European Union summit on February 4 to discuss energy issues.

    Participating in the meeting were Foreign Minister Dimitris Droutsas, Minister of State for Investments Haris Pamboukis, Environment, Energy and Climate Change Minister Tina Birbili and Deputy Environment Minister Yiannis Maniatis. ANA-MPA

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

    [02] Inspections intensify in Greece following German dioxin scare

    ANA-MPA - Hellenic Food Authority (EFET) inspections already conducted in major warehouses and supermarket chains in Athens and Thessaloniki have confirmed that no imports from Germany were made during the period prior to the dioxin animal feed scare late last month.

    However, inspections will intensify and spread throughout Greece to completely rule out the likelihood of contaminated German raw material imports, focusing mainly on pork, poultry and eggs. ANA-MPA

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

    [03] Transport strikes continue

    ANA-MPA - Athens public transport staff have announced more strike action from Tuesday until Thursday, including work stoppages and 24-hour strikes.

    On Tuesday and Wednesday there will be a work stoppage by buses from 11:00 a.m. until 3:30 p.m. and by trolley buses from 11:00 a.m. until 3:00 p.m. Both buses and trolley buses will hold a 24-hour strike on Thursday.

    The ISAP electric railway will be on strike on Tuesday from noon until 4:00 p.m. and ISAP staff are also planning a 24-hour strike on Wednesday and another work stoppage from noon until 4:00 p.m. on Thursday. In addition, ISAP staff will not be selling or checking tickets from the beginning of their shift until 8:00 a.m.

    The Athens metro will run normally on Tuesday and a decision is still pending on whether there will be work stoppages on Wednesday and a 24-hour strike on Thursday. ANA-MPA

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

    [04] ASE hits 14-year low

    ANA-MPA - Greek stocks came under strong pressure in the Athens Stock Exchange on Monday, hit by a negative climate prevailing in other European markets caused by worries over fiscal developments in the Eurozone and reports that Portugal would be forced to enter the EU/IMF support mechanism. The composite index of the market fell to the lowest levels since early 1997, breaking strong support levels. The index fell 2.60 pct to end at 1,345.63 points, with turnover at 96.931 million euros. The Big Cap index dropped 3.50 pct, the Mid Cap index ended 2.93 pct lower and the Small Cap index ended 4.18 pct down. OPAP (3.09 pct) and OTE (0.74 pct) were the only blue chip stocks to end higher, while Eurobank (9.72 pct), Hellenic Postbank (8.09 pct), Alpha Bank (8.08 pct) and National Bank (6.62 pct) were major losers.

    The Banks (6.56 pct), Health (5.48 pct) and Chemicals (5.42 pct) sectors suffered the heaviest percentage losses of the day, while Travel (2.60 pct) and Telecoms (0.74 pct) scored gains. Broadly, decliners led advancers by 126 to 31 with another 45 issues unchanged. Byte Computer (10 pct), Balkan Export (6.52 pct) and Elfico (6.45 pct) were top gainers, while Sato (20 pct), Allatini Ceramics (18.60 pct) and Centric Multimedia (15.38 pct) were top losers.

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


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