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Athens News Agency: News in English, 11-02-18

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

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

CONTENTS

  • [01] PM on visit to Samothraki
  • [02] Cabinet OKs draft tax bill
  • [03] ASE opening: Rise
  • [04] Athens Newspaper Headlines 

  • [01] PM on visit to Samothraki

    Prime minister George Papandreou winds up a two-day tour of Thrace prefecture on Friday with visits to villages on the northeastern Aegean island of Samothraki accompanied by a team of ministers.

    The first village on the itinerary was the traditional village of Lakoma, known for its stone-built houses, followed by the Women's Agro-Tourism Cooperative in the village of Kamariotissa.

    Papandreou spoke with young farmers and stockbreeders, who briefed the premier on the problems they face, while the island mayor, George Hanos, noted the island's rich history dating back to 6,000 B.C. and the need for protecting and showcasing this cultural heritage.

    Addressing production and local agencies shortly after his arrival on the island on Thursday, Papandreou assured that Greece will "break the bonds of misery and enter the track of growth and progress.

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

    

    [02] Cabinet OKs draft tax bill

    (ANA-MPA) -- The Cabinet on Thursday approved a new draft bill overhauling the tax system, including tougher sanctions to combat tax evasion, such as possible jail time for non-payment of VAT returns exceeding 75,000 euros and income tax above 150,000 euros.

    The draft law also foresees the establishment of a financial prosecutor to combat tax evasion cases, publication of the names of large-scale tax evaders and stricter procedures in the selection and inspection of tax agency staff.

    To view the entire article please contact the ANA-MPA's subscription department at 2106400560.

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

    

    [03] ASE opening: Rise

    Equity prices were rising at the opening of trade on Friday on the Athens Stock Exchange (ASE), with the basic share price index up 0.56 percent, standing at 1,671.93 points at 11:30 am, and turnover at 27.640 million euros.

    Individual sector indices were moving mostly upward, with the biggest gains in Financial Services, up 3.38 percent; and Health, up 3.36 percent.

    The biggest losses were in Mass Media, down 1.23 percent; and Food & Beverage, down 0.10 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was up 0.57 percent, the FTSE/ASE MID 40 index was up 0.90 percent, and the FTSE/ASE-80 small cap index was up 0.84 percent.

    Of the stocks traded, 75 were up, 16 were down, and 10 were unchanged.

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

    

    [04] Athens Newspaper Headlines

    The Friday edition of Athens' dailies at a glance

    ADESMEFTOS TYPOS: "Government in chaos".

    AVGHI: "Ruling PASOK party showing signs of nervous breakdown due to resounding failure of government's economic policy".

    AVRIANI: "How to retire earlier".

    DIMOKRATIA: "Circus".

    ELEFTHEROS: "Heavy cuts in 'heavy and hazardous' work".

    ELEFTHEROS TYPOS: "Domino effect of collapse, with Papandreou (prime minister) as a simple observer".

    ELEFTHEROTYPIA: "Court for 7 tax violations".

    ESTIA: "Attica withering away".

    ETHNOS: "Flooding through the...semi-enclosed spaces".

    IMERISSIA: "Court for tax evasion - Stringent penalties, imprisonment of up to 20 years".

    KATHIMERINI: "PASOK in a vortex".

    NAFTEMPORIKI: "Penalties for tax evasion 'from the very first euro'."

    NIKI: "The 'green' (PASOK) mutiny over the lawyers (opening of closed profession)".

    PARASKEVI+13 (weekly): "Greece a colony - Troika: Shut up and sell".

    RIZOSPASTIS: "Organised disobedience to the plutocracy and the parties that represent it".

    TA NEA: "Draconian measures on tax evasion".

    VRADYNI: "The categories of workers included in the 'heavy and unhealthy' jobs".

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


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