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Athens Macedonian News Agency: News in English, 12-05-08

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

From: The Athens News Agency at <>


  • [01] EU chief on election of 'neo-Nazi party' to Greek parliament
  • [02] Political situation causes heavy losses at bourse

  • [01] EU chief on election of 'neo-Nazi party' to Greek parliament

    AMNA / The European Commission will be particularly "vigilant" following the election of a "neo-Nazi party" to the Greek Parliament and utilize all mechanisms available against all those who violate human rights, European Commission President Jose Manuel Barroso said on Tuesday, according to an AFP dispatch.

    When asked about the high vote percentage gathered by Greece's extreme-rightwing party Golden Dawn / Chryssi Avgi, Barroso told journalists that "we have to define what a neo-Nazi party is" and look at national legislation on the issue.

    However, he said that as far as community law is concerned, the Commission will not hesitate to use all mechanisms available to act against those who insult community law and the fundamental human rights charter.amna

    [02] Political situation causes heavy losses at bourse

    AMNA / Stocks ended significantly lower at the Athens Stock Exchange on Tuesday, remaining under heavy pressure on market uncertainty over political developments in the country. The composite index of the market fell 3.62 pct to end at 620.54 points, off the day's lows of 610.23 points. Turnover was a thin 41.717 million euros. The Big Cap index fell 4.44 pct, the Mid Cap index ended 4.14 pct lower and the Small Cap index dropped 3.88 pct.

    All sectors ended lower with Banks (9.72 pct), Utilities (7.53 pct) and Health (7.18 pct) suffering the heaviest percentage losses of the day. Hellenic Postbank (1.91 pct) and Motor Oil (0.18 pct) were the only blue chip stocks to end higher, while Alpha Bank (14.29 pct), Cyprus Bank (11.67 pct), Eurobank (10.16 pct) and Piraeus Bank (9.17 pct) were top losers.

    Broadly, decliners led advancers by 100 to 40 with another 17 issues unchanged. Inform Lycos (30 pct), Audiovisual (28.57 pct) and Unibios (19.23 pct) were top gainers, while Dromeas (18.78 pct), Altec (16.67 pct) and Alco Hellas (16.67 pct) were top losers.

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