HR-Net - Hellenic Resources Network Compact version
Today's Suggestion
Browse through our Interesting Nodes of International Affairs & Organizations
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Sunday, 22 October 2017
 
News
  Latest News (All)
     From Greece
     From Cyprus
     From Europe
     From Balkans
     From Turkey
     From USA
  Announcements
  World Press
  News Archives
Web Sites
  Hosted
  Mirrored
  Interesting Nodes
Documents
  Special Topics
  Treaties, Conventions
  Constitutions
  U.S. Agencies
  Cyprus Problem
  Other
Services
  Personal NewsPaper
  Greek Fonts
  Tools
  F.A.Q.
 

Athens News Agency: News in English, 12-03-12

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

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

CONTENTS

  • [01] Greece completes 177.252-bln-euro bond swap programme
  • [02] Archaeologists launch global campaign to protect monuments
  • [03] New Greek bonds begin trading in secondary market on Monday
  • [04] March 25 parades to go ahead as planned
  • [05] Athens Newspaper Headlines

  • [01] Greece completes 177.252-bln-euro bond swap programme

    AMNA / Greece on Monday announced the completion of a state bond swap process, including Greek state bonds with a nominal value of 177.252 billion euros, in the framework of a PSI programme.www.amna.gr

    A finance ministry announcement said the exchange covered bonds issued by banks, pension funds, public sector enterprises and individual investors, under the Greek law, while for Greek bonds issued under foreign law the deadline for the exchange ends in March 23. amna

    The ministry has said it will compensate individual bondholders for losses suffered in their bond portfolios as they were included in a PSI programme after the Greek government enacted a Collective Action Clauses legislation. These investors are estimated at around 11,000, of which 9,500 have a bond portfolio of around 100,000 euros each.amna

    [02] Archaeologists launch global campaign to protect monuments

    AMNA / The Association of Greek Archaeologists (SEA) -- www.sae.gr -- are making an international appeal directed to their colleagues and people in Europe and worldwide to defend cultural heritage and historical memory through a global campaign with the slogan "monuments have no voice, they have us".

    The public awareness campaign, focusing on the threats with which monuments are faced as a result of the cuts imposed within the framework of the austerity measures into effect, will be formally launched with a press conference to domestic and foreign media scheduled to take place in Athens on Wed., March 14. www.amna.gr

    The archaeologists, in an urgent appeal, underlined that “the peoples of Europe share the same destiny,” adding that “the same austerity packages and authoritarian measures, that now tear Greece and its monuments apart, are going to be imposed across Europe”. amna

    [03] New Greek bonds begin trading in secondary market on Monday

    AMNA / A series of new Greek state bonds, issued to replace all older bonds, which were included in a successful PSI process, began trading on the Greek electronic secondary bond market on Monday.

    According to an official list released by the Bank of Greece, all older bonds have been withdrawn from the market, while trading continues on all Treasury bills issued by the Greek state, which were not included in a debt restructuring programe.

    The list includes 21 new bonds with maturities ranging from 11 to 30 years, with a total nominal value of around 34 billion euros, with a fixed-interest rate (coupon) of 2.0 pct.www.amna.gr

    Early trading in these bonds saw their prices moving in very low levels compared with their nominal value. The 11-year bond is trading at 26-27 pct of its nominal value (or 26-27 basis points), yielding 19 pct. This new bond is value at 2.7 billion euros. amna

    [04] March 25 parades to go ahead as planned

    AMNA / The parades commemorating the anniversary of the March 25, 1821 Revolution against the Ottoman rule will take place as planned, despite recent incidents of heckling against government and political party officials, an inter-ministerial meeting chaired by prime minister Lucas Papademos decided on Monday, sources told AMNA.

    The meeting focused on increasing incidents of violence and crime, ahead of the March 25 commemorations.

    Government sources told AMNA that there is no question of the parades being cancelled and, quite the contrary, there will be an enhanced government representation.

    [05] Athens Newspaper Headlines

    The Monday edition of Athens' dailies at a glance

    FinMin Evangelos Venizelos' uncontested candidacy for the socialist PASOK party's presidency, new austerity measures anticipated in June and New Democracy (ND) leader Antonis Samaras' address to the ND political committee meeting were the main front-page headlines in Athens' dailies on Monday.

    ADESMEFTOS TYPOS: "Samaras: Give me the power to change Greece".

    AVRIANI: "Venizelos' absolute supremacy in PASOK".

    DIMOKRATIA: "Venizelos as ... Ceausescu".

    ELEFTHEROS TYPOS: "Venizelos' 'dive' into the Ippokratous street (PASOK headquarters)...sauna".

    ESTIA: "Immense blame for the unemployment".

    ETHNOS: "Benny (Venizelos)...alone in the succession race".

    IMERISSIA: "Battle in the markets - 'Operation' to change the climate".

    NAFTEMPORIKI: "The bill of the post-haircut measures is expensive".

    TA NEA: "PASOK-Jump start - Venizelos' wager".

    VRADYNI: "The traps in the orders for payment - What the borrowers must be cautious of".


    Athens News Agency: News in English Directory - Previous Article - Next Article
    Back to Top
    Copyright © 1995-2016 HR-Net (Hellenic Resources Network). An HRI Project.
    All Rights Reserved.

    HTML by the HR-Net Group / Hellenic Resources Institute, Inc.
    ana2html v2.01 run on Monday, 12 March 2012 - 18:38:05 UTC