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Athens News Agency: News in English, 11-09-07

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

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

CONTENTS

  • [01] Minoan Trail event hosted on Crete
  • [02] Commission on latest gov't measures
  • [03] Greek state bond yields rise to record high

  • [01] Minoan Trail event hosted on Crete

    (ANA-MPA) -- The 4th "Minoan Trail" will take place on Crete on Sunday, organised by the municipalities of Minoa, and Lassithi Plateau in cooperation with the cultural associations of Kastelli, Aski, Kastamonitsa, Lyttos and Psychros.

    Trekkers will depart from the ancient Lyttos site at 7 a.m. and after a roughly four-hour hike will reach Diktaion Andron.

    The purpose of the event is to promote the specific route known from the Greek mythology and history and revive local traditions. (ANA-MPA)

    [02] Commission on latest gov't measures

    BRUSSELS (ANA-MPA) -- The European Commission on Wednesday expressed satisfaction over the measures announced by the Greek government on Tuesday.

    Amadeu Altafaj, a spokesman for EU Commissioner for Economic and Monetary Affairs Olli Rehn, speaking to reporters here, said the Greek government’s decisions showed there was additional work to be done.

    Altafaj noted that it was up to Greek authorities to inform when they would be ready to resume talks with EC-ECB-IMF 'troika' officials and stressed that the aim was for the talks to be resumed as soon as possible, so that an assessment of the Greek economy to be completed faster. (ANA-MPA)

    The EU spokesman said the troika delegation was ready to return to Athens as soon as the necessary reassurances were offered for the completion of the round of talks, particularly in the fiscal and structural measures, implementation of the Medium-Term programme and a drafting of next year’s budget. (ANA-MPA)

    [03] Greek state bond yields rise to record high

    (ANA-MPA) -- The yield spread between the 10-year Greek and German benchmark bonds widened to new record highs on Wednesday, with the Greek bond yielding 20.18 pct, while the German Bund yielded 1.88 pct. The yield spread was set at 16.20 pct. Mean while, the two-year Greek bond yielded 53.2 pct, also a new record high. (ANA-MPA)
    Athens News Agency: News in English Directory - Previous Article - Next Article
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