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Athens News Agency: News in English, 11-01-31

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

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

CONTENTS

  • [01] Eurobank Properties report lower 2010 results
  • [02] Nov. retail sales down
  • [03] Expedia: Greece hot
  • [04] Stocks end flat on Mon 

  • [01] Eurobank Properties report lower 2010 results

    (-PA)

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

    

    [02] Nov. retail sales down

    (-PA) -- Retail sales volume dropped 12 pct in November 2010 compared with November 2009, after a decline of 11.1 pct recorded in the 2009/2008 period, the Hellenic Statistical Authority announced on Monday.

    The statistics service, in a report, attributed this development to a 26.6-pct drop in furniture-electrical appliances-home appliances, a 12.5-pct drop in pharmaceuticals-cosmetics and 10.7-pct fall in fuel and lubricants, an 8.8-pct decline in large food stores and a 6.1-pct fall in bookstores. (-PA)

    The retail sales turnover index fell 6.3 pct in November, after a decline of 9.2 pct recorded in the same month in 2009. (-PA)

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

    

    [03] Expedia: Greece hot

    (-PA) -- Expedia on Monday sent optimistic messages over this years tourism trends in Greece, saying figures available, so far, for April, May and June are very encouraging, with significant reservations recorded for April and November.

    Speaking to reporters during a news conference, Expedia's officials in Athens said a government decision to lower VAT rates for hotels -- resulting in slightly reduced room prices -- has positively contributed to the attractiveness of Greek tourism.

    Expedia said it would continue promoting Greece through news letters, its website and through online and offline marketing policies. (-PA)

    Expedia said room reservations for Greek hotels, through special promotional offers, accounted for 43 pct of total reservations. Specifically, package reservations for Greek isles were up 50 pct in 2010, compared with the previous year, with visitors mainly coming from the US (36 pct), Italy, the UK, France and Germany.

    Greek hotel room prices, booked through Expedia in 2010, were unchanged compared with 2009, although they fell slightly in the last quarter of the year, with this decline expected to be continued in 2011. (-PA)

    Caption: A file photo shows the famed beach of Mylopotas, on the Cyclades holiday island of Ios. ANA-MPA / P. SAITAS

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

    

    [04] Stocks end flat on Mon

    (ANA-MPA) -- Stocks ended flat in the first trading session of the week at the Athens Stock Exchange, as worries over developments in Egypt reversed an early strong advance of prices. The composite index rose 0.13 pct to end at 1,593.30 points, off the days highs of 1.42 pct. Turnover was a moderate 113.666 million euros. The Big Cap index rose 0.24 pct, the Mid Cap index ended 0.32 pct higher and the Small Cap index jumped 1.57 pct. Viohalco (6.94 pct), Mytilineos (4.58 pct) and MIG (2.86 pct) were top gainers, among blue chip stocks, while Titan (4.22 pct), Ellaktor (2.08 pct) and Coca-Cola Hellenic (2.0 pct) were top losers.

    The Raw Materials (5.88 pct) and Chemicals (4.92 pct) sectors scored the biggest percentage gains while Insurance (4.43 pct) and Commerce (2.42 pct) suffered losses. Epilektos (20 pct), Fieratex (16.67 pct) and ETEM (14.81 pct) were top gainers, while Paperpack (16.05 pct), Compucon (12.5 pct) and Altec (12.5 pct) were top losers.

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


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