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

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

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

CONTENTS

  • [01] Egyptian army ends brawl among Egyptians on Greek ship
  • [02] Greek court rules works for British embassy security illegal
  • [03] Greek bond market closing report
  • [04] Deficit up 9% in Jan-Feb
  • [05] Immediate end to violence in Libya
  • [06] Industrial production down
  • [07] Stocks end significantly up 

  • [01] Egyptian army ends brawl among Egyptians on Greek ship

    (ANA-MPA) -- A brawl that broke out among Egyptian nationals being taken from Libya to Alexandria on board the Greek ship "Eleftherios Venizelos" ended with the intervention of the Egyptian Army on Friday, which came aboard and arrested those responsible.

    Diplomatic sources said the incident occurred while the ship was carrying 2,130 Egyptian nationals from Libya back to their own country. (ANA-MPA) Apparently sparked by some minor incident, the violence soon spread aboard the vessel, while there were also reports of gunfire. So far, there has been no information on whether anyone was killed or injured.

    The ship had been chartered to transport the Egyptians by the International Migration Organisation. (ANA-MPA)

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

    

    [02] Greek court rules works for British embassy security illegal

    Greece's Council of State, the country's supreme administrative court, on Friday ruled that works carried out on the street outside the British Embassy in Athens to improve security were illegal, since permission was given by an authority not competent to provide it.

    The embassy paid to install barriers and also reduced the width of Plutarchou Street to roughly half, leaving only one lane outside the embassy, obtaining permission to do this from the central Athens municipality.

    According to the court, permission for the works should properly have been obtained from the ministries of Environment, Town Planning and Public Works, Transport and Communications and Public Order. It therefore ruled that the decision made by the Athens municipal council be revoked as invalid since it was given by an authority not competent to provide it.

    The case against the decision had been filed by a lawyer, formerly a justice ministry general secretary, with an office on Plutarchou Street, an archmandrite representing the Agios Nikolaos Church next to the Embassy and the company "Athens Car Parking".

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

    

    [03] Greek bond market closing report

    (ANA-MPA) -- The yield spread between the 10-year Greek and German benchmark bonds widened to 953 basis points in the Greek electronic secondary bond market on Friday, from 940 bps on Thursday, with the Greek bond yielding 12.73% and the German Bund 3.20 pct. Turnover in the market totaled 77 million euros, of which 58 million were sell orders and the remaining 19 million euros were buy orders. The 10-year benchmark bond was the most heavily traded security with a turnover of 13 million euros.

    In interbank markets, interest rates were largely unchanged. The 12-month rate was 1.94 pct, the six-month rate 1.49 pct, the three-month rate 1.17 pct and the one-month rate 0.89 pct.

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

    

    [04] Deficit up 9% in Jan-Feb

    (ANA-MPA) -- The Greek government on Friday reported a budget deficit of 1.028 billion euros in the January-February period this year, up 9.0 pct compared with a deficit of 944 million euros recorded in the corresponding period last year. This years budget envisages a 3.9-pct decline in the budget deficit.

    A finance ministry report said net revenues totaled 7.943 billion euros in the first two months of 2011, down 9.2 pct from the same period last year, in contrast with a budget provision for an annual growth rate of 8.5 pct.

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

    

    [05] Immediate end to violence in Libya

    (ANA-MPA) -- Greek Foreign Minister Dimitris Droutsas said that Athens had given a "clear" message to Libyan emissary Mohamed Tahir Siala on Thursday in Athens that the violence in Libya must cease immediately, while he also stressed the need for the EU and the international community to take measures against the Gaddafi regime, during a BBC radio interview on Friday.

    Droutsas further called for dialogue with the rebel forces in Libya, but warned that recognition was "premature" at this stage.

    On Sialas' visit to Athens, Droutsas said it took place after agreement with EU High Representative for foreign affairs and security policy Baroness Catherine Ashton for the purpose of finding out the Gaddafi regime's intentions and to send a very clear message that the violence must cease immediately and that Libya must comply with the recent UN Security Council resolution.

    Droutsas said that Sialas reiterated Gaddafi's formal statements, noting that the emissary visited other countries in the Mediterranean as well for similar talks. (ANA-MPA)

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

    

    [06] Industrial production down

    (ANA-MPA) -- Industrial production fell 5.2 pct in January, reflecting a 4.5 pct decline in manufacturing production, the independent Hellenic Statistical Authority said on Friday.

    The statistics service, in a report, said the industrial production composite index fell 5.2 pct in the first month of 2011, compared with the same month last year, after recording a 3.9 pct decline in January 2010. (ANA-MPA)

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

    

    [07] Stocks end significantly up

    Stocks ended significantly higher at the Athens Stock Exchange on Friday as the market eyed positive developments for Greece in an EU Summit in Brussels, ignoring a negative trend in international markets.

    Buying activity focused on bank shares.

    The composite index of the market rose 2.33 pct to end at 1,580.90 points, with turnover rising to 109.177 million euros. The Big Cap index jumped 2.71 pct, the Mid Cap index rose 1.68 pct and the Small Cap index ended 3.12 pct higher. The Media (7.5 pct), Financial Services (5.45 pct) and Banks (3.58 pct) sectors scored the biggest percentage gains of the day. ATEbank (5.41 pct), MIG (5.26 pct), Hellenic Postbank (4.60 pct), Alpha Bank (4.24 pct) and National Bank (3.82 pct) were top gainers among blue chip stocks, while only Jumbo (0.17 pct) ended lower.

    Broadly, advancers led decliners by 118 to 44 with another 55 issues unchanged. Lambrakis Press (14.89 pct), Mevaco (10 pct), Sanyo Hellas (10 pct) and Envitec (9.52 pct) were top gainers, while Atlantic (20 pct), Allatini Ceramics (13.95 pct), Vivere (13.33 pct) and Hellenic Fish Farms (11.11 pct) were top losers.

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


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