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Athens News Agency: News in English, 11-03-08

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

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

CONTENTS

  • [01] PM's meetings with party leaders
  • [02] Six dead in fire in Chinese store in Egaleo
  • [03] 1.62bln from T-bill auction
  • [04] ASE opening: Big decline 

  • [01] PM's meetings with party leaders

    (ANA-MPA) -- Prime Minister George Papandreou will hold a series of meetings with opposition party leaders on Tuesday ahead of his departure for Paris and then on to Brussels for Friday's crucial extraordinary summit of the 17-nation eurozone to work out an action plan to prevent future debt crises, and the March 25 EU summit.

    Papandreou is holding separate meetings with main opposition New Democracy (ND) leader Antonis Samaras, Communist Party of Greece (KKE) leader Aleka Papariga, Popular Orthodox Rally (LAOS) leader George Karatzaferis and Radical Left Coalition (SYRIZA parliamentary alliance) Parliamentary group leader Alexis Tsipras throughout the day, followed by meetings with the leaders of the newly formed Democratic Alliance and Democratic Left parties Dora Bakoyannis and Fotis Kouvelis, respectively, in the late afternoon. (ANA-MPA)

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

    

    [02] Six dead in fire in Chinese store in Egaleo

    At least six people were killed in a fire that broke out in the first hours of Tuesday in a multi-storey Chinese clothing store in the Aghia Varvara district of Egaleo.'

    The fire brigade rushed to the site, but found the building, comprising a basement, ground floor and two upper floors enveloped in flames, after being alerted of the fire at 2:16 a.m., just minutes after it broke out.

    Two hours later, when firefighters managed to enter the building, they found six charred bodies, but fear the number could rise as all the storeys had not yet been inspected.

    Firefighters believe the bodies belong to the migrants who worked in the store and also slept in the building, and were trapped by the flames.

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

    

    [03] 1.62bln from T-bill auction

    (ANA-MPA) -- Greece raised 1.625 billion euros on Tuesday from an auction of 26-week treasury bills, with an interest rate of 4.75 percent (up from 4.64 percent of the previous such auction). (ANA-MPA).

    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

    

    [04] ASE opening: Big decline

    Equity prices were declining at the opening of trade on Tuesday on the Athens Stock Exchange (ASE), influenced by a Moody's downgrading of Greece's credit rating, with the basic share price index down 1.81 percent, standing at 1,557.07 points at 11:00 am, and turnover at 19.591 million euros.

    Individual sector indices were moving downward nearly across the board, with the only gains in Insurance, up 1.61 percent; and Chemicals, up 0.40 percent.

    The heaviest losses were in Construction, down 4.04 percent; Health, down 4.10 percent; Personal Products, down 3.46 percent; and Banks, down 2.99 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was down 1.88 percent, the FTSE/ASE MID 40 index was down 2.40 percent, and the FTSE/ASE-80 small cap index was down 2.14 percent.

    Of the stocks traded, 7 were up, 60 were down, and 7 were unchanged.

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


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