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Athens News Agency: News in English, 11-01-19

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

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

CONTENTS

  • [01] Athens' lawyers reject protest mobilisation
  • [02] Gov't: No debt restructuring
  • [03] Stocks jump 4.46% on Wed. 

  • [01] Athens' lawyers reject protest mobilisation

    (ANA-MPA) -- Attorneys in Athens will not participate in the three-day abstention from duties (Jan. 19, 20 and 21) called by Bar Associations across Greece, who are protesting against the government-sponsored liberalisation of their profession, the Athens Bar Association announced on Wednesday.

    According to a decision, consultations with the ministries of justice and finance will continue and the Athens Bar's future stance will depend on their outcome. The Athens Bar Association is, by far, the largest such association in Greece.

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

    

    [02] Gov't: No debt restructuring

    (ANA-MPA) -- The government on Wednesday again categorically dismissed speculation over any restructuring of the countrys entire debt.

    "There is no discussion over a debt restructuring," Deputy Finance Minister Filippos Sahinidis told Reuters, and in response to an article by the German publication "Die Zeit", according to which Berlin was examining a plan to restructure the Greek debt.

    The report said the plan envisaged the re-purchase of bonds by Greece through funds offered by a European Support Fund. Reuters said a spokesman for Germanys finance ministry also dismissed the magazine report. (ANA-MPA)

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

    

    [03] Stocks jump 4.46% on Wed.

    Stocks soared on Wednesday, pushing the composite index of the market above the 1,500 level at the Athens Stock Exchange.

    Market analysts attributed this advance to speculation - dismissed by the Greek government - over a restructuring of the Greek debt, and discussion of more favourable tax legislation for enterprises.

    The index jumped 4.46 pct to end at 1,507.40 points, with turnover rising to 123.130 million euros. The Big Cap index jumped 4.80 pct, the Mid Cap index ended 2.76 pct higher and the Small Cap index rose 3.74 pct.

    All sector indices ended higher, with the Health (13.74 pct), Banks (5.81 pct) and Food/Beverage (5.72 pct) recording the biggest percentage gains of the day. Alapis (21.05 pct), Lavipharm (16.28 pct), Kreka (12.5 pct), Nafpaktos Spin Mills (10 pct) were major gainers, while Elsbisco (15.56 pct), Olympic Catering (9.68 pct) and Vioter (9.09 pct) were top losers.

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


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