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Athens News Agency: News in English, 11-07-18

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

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

CONTENTS

  • [01] Jean Claude Trichet on Greek debt
  • [02] Greek tanker pirated off Nigeria
  • [03] Full moon performance at ancient Nemea
  • [04] ND leader meets Clinton
  • [05] Taxis block Piraeus port
  • [06] ASE opening: Rise

  • [01] Jean Claude Trichet on Greek debt

    ANA-MPA/European Central Bank (ECB) chief Jean-Claude Trichet warned in a newspaper interview that if the stance of the eurozone governments leads to partial or total default on payments by Greece, then "the governments must put themselves at the disposal of the euro system ensurances that it can accept, stressing that the euro system is co-comprised of the ECB and the 17 Central Banks of the eurozone countries.

    In his interview with Financial Times Deutschland (FTD), Trichet replies to solution scenarios calling for a "haircut" of the Greek debt, which could lead to partial or total default on payments, FTD writes. In such an eventuality, the ECB has announced that it will not accept Greek bonds as collateral for ensuring the liquidity of the Greek banks which, in turn, would result in a collapse of the Greek banking system.ana-mpa

    "The governments bear the responsibility for that," Trichet said. "The governments have been warned explicitly and with all means. I have stated it publicly. I have many times explained to the heads of state and government, in detail, that in the event of a default of payment by one country, we will no longer accept the state bonds as normal deeds of guarantee. The governments will, in such an eventuality, have to intervene and correct it. That is their duty," Trichet said.ana-mpa

    CAption: ANA-MPA/EPA file photo of ECB chief Jean Claude Trichet/EPA/GEORGIOS KEFALAS

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

    [02] Greek tanker pirated off Nigeria

    -P/A Greek tanker, with a 20-member crew on board, was pirated some 30 nautical miles off Nigeria, it was announced on Monday.

    The Greek-owned "Aegean Star" was pirated as it was sailing with a load of petrol from Ghana to Benin.'

    According to early information, 10 armed men boarded the tanker.ana-mpa

    There was no news yet on the condition of the 20-member crew, which includes three Greeks -- the Captain and the first and second engineers.

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

    [03] Full moon performance at ancient Nemea

    (ANA-MPA) -- July's full moon served as the inspiration for a concert "under the stars" on Saturday, June 16, 2011 at the archaeological site of ancient Nemea, southwest of greater Athens, in the northeast Peloponnese. The Austrian classical ensemble Penta Musica performed at the site, part of a series of events held in archaeological and historic sites around the country during the summer season. Evenings with full moons over the east Mediterranean sky are especially attractive for holding such events. ANA-MPA / VASSILIS PSOMAS

    &copy; ANA-MPA SA. Intellectual rights and copyright belong to the ANA-MPA S.A.

    Reproduction of ANA-MPA content by visitors of this website is strictly forbidden.

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

    [04] ND leader meets Clinton

    ANA-MPA/Visiting US Secretary of State Hillary Clinton met on Monday with main opposition New Democracy (ND) leader Antonis Samaras.

    During the 45-minute meeting the two officials discussed the state of the Greek economy, and Clinton expressed her admiration for the Acropolis Museum.

    Samaras briefed Clinton on his own proposals for the management of the Greek debt crisis and the development of the Greek economy, clarifying that his disagreement with the government was not over the targets, which are decreasing the debt and deficit, but on how this will be accomplished.ana-mpa

    Also present at the meeting was party vice president Dimitris Avramopoulos.

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

    [05] Taxis block Piraeus port

    ANA-Mpa/Striking taxi owners early Monday blocked access to Athens' international airport and the port of Piraeus, the two main gateways into and out of Greece, in protest of the government's decision to fully liberalise the profession and lift all restrictions on the number of taxi licences issued.

    In a surprise move on Saturday night, taxi owners' unions called a 48-hour strike beginning at 5:00 a.m. Monday and lasting until 5:00 a.m. on Wednesday, in the peak of the tourist season.ana-mpa

    Taxi cab owners have also warned that they are prepared to go on an indefinite strike if the government does not back down.

    The action by cab owners has also caused a traffic jam in the central and side streets of Piraeus, including the main Akti Posidonos coastal road, obstructing buses and trams from carrying out their routes.ana-mpa

    The biggest problem was at Akti Xaveriou, where thousands of passengers were unable to board tour buses for visits to sites in Athens.

    Athens chief prosecutor Eleni Raikou has ordered case files to be drawn up immediately for taxi drivers for offences that are prosecutable ex officio, such as obstructing traffic.

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

    [06] ASE opening: Rise

    Equity prices were rising at the opening of trade on Monday on the Athens Stock Exchange (ASE), with the basic share price index up 0.64 percent, standing at 1,184.46 points at 11:15 am, and turnover at 13.101 million euros.

    Individual sector indices were moving upward, with the biggest gains in Insurance, up 4.26 percent; Banks, up 1.81 percent and Raw Materials, up 1.90 percent.

    The biggest losses were in Commerce, down 1.06 percent; and Technology, down 0.60 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was up 0.87 percent, the FTSE/ASE MID 40 index was up 0.80 percent, and the FTSE/ASE-80 small cap index was up 1.09 percent.

    Of the stocks traded, 45 were up, 17 were down, and 19 were unchanged.

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


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