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Athens News Agency: News in English, 11-02-08

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

From: The Athens News Agency at <>


  • [01] Greece in grip of strikes
  • [02] Stocks end 0.98 pct up 

  • [01] Greece in grip of strikes

    A difficult week lies ahead for commuters but also those in need of a doctor or medicines as strikes continue throughout Greece, with various groups protesting against reforms proposed by the government.

    All Athens public transport staff will hold work stoppages on Wednesday to protest against the draft bill concerning public transport and signal their displeasure to managements that are resorting to the courts to have their strikes declared illegal.

    In an unprecedented move on Tuesday, protestors descended on the Athens metro headquarters and bricked up the office of its CEO as a symbolic gesture.

    During a general assembly, meanwhile, metro workers decided to hold a four-hour work stoppage from 11:00 a.m. until 3:00 p.m. on Wednesday in order to join a march being organised by striking doctors.

    Workers in the electric railway ISAP have also decided a work stoppage from 11:00 a.m. until 3:00 p.m. while the buses will not be working between 11:00 a.m. and 3:30 p.m. and trolley buses between 11:00 a.m. and 4:00 p.m.

    Others on strike are IKA-ETAM doctors, who are holding a series of rolling 24-hour strikes until Friday, hospital doctors throughout the country that are on strike until Thursday, pharmacists that will be until Wednesday and lawyers, who are continuing to refuse court appearances.

    A work stoppage has also been declared on Thursday by the civil servants' union federation ADEDY.

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


    [02] Stocks end 0.98 pct up

    Greek stocks resumed their upward trend following a two-day decline in the Athens Stock Exchange on Tuesday. The composite index of the market rose 0.98 pct to end at 1,669.82 points, with turnover rising slightly to 134.433 million euros. The Big Cap index ended 1.11 pct higher, the Mid Cap index jumped 3.52 pct and the Small Cap index rose 2.26 pct.

    MIG (5.63 pct), Mytilineos (4.97 pct) and Jumbo (3.85 pct) were top gainers among blue chip stocks, while OPAP (3.02 pct), Piraeus Bank (1.22 pct) and Coca-Cola Hellenic Bottling (1.19 pct) were top losers.

    The Media (8.62 pct), Commerce (6.94 pct) and Financial Services (5.34 pct) scored the biggest percentage gains of the day, while Travel (2.62 pct) and Food (1.12 pct) suffered losses. Broadly, advancers led decliners by 122 to 53 with another 38 issues unchanged. Bitros (18.75 pct), Imperio (15.38 pct) and Kordellos Bros (14.29 pct) were top gainers, while Edrasi (12.5 pct), Varveressos (17.6 pct) and Koubas (10 pct) were top losers.

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

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