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Athens Macedonian News Agency: News in English, 12-06-05

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

From: The Athens News Agency at <>


  • [01] Bakoyannis to AMNA: SYRIZA program will turn Greece into Bolivia
  • [02] Illegal migrants sighted on Evros River islet
  • [03] State budget deficit slashed to 18 mln euros in Jan-Apr
  • [04] Greek stocks plunge to lowest levels since Jan. 1990
  • [05] Carnival Breeze docks in Piraeus on Wed.

  • [01] Bakoyannis to AMNA: SYRIZA program will turn Greece into Bolivia

    AMNA / In an interview with AMNA web TV on Tuesday, Dora Bakoyannis, who heads the New Democracy (ND) state deputies' ticket after returning to the party last month, underlined what she called the necessity for immediate structural reforms by the state.

    Bakoyannis said red tape and tax evasion should be tackled to allow the debt- and recession-plagued country become competitive and attract investments, stressing that social insurance funds will not be viable unless unemployment is reduced. amna

    She pointed out that if the country returns to its national currency, the drachma, the purchasing power of the Greeks will be reduced by roughly 60 pct.

    Bakoyannis stated that the next government should reflect broad social agreement because the country needs more cooperation to be able to exit the crisis. "Everybody should put our personal ambitions aside," she commented.

    Referring to the policy platform announced by Radical Left Coalition (SYRIZA), she said it "will turn the country into another Bolivia," adding that the so-called "deep PASOK has joined SYRIZA's ranks".amna

    She added said that the rise of the ultra-nationalist Chryssi Avgi (Golden Dawn) party is "circumstantial", predicting that the extremist formation will lose strength in the upcoming June 17 election.

    Commenting on her return to New Democracy (ND) after failing to get elected to Parliament with her newly formed Democratic Alliance party, she said it was a necessary decision and pointed out that she and ND party leader Antonis Samaras have not made any discussion on her role in a future government.

    [02] Illegal migrants sighted on Evros River islet

    AMNA / Thirty illegal migrants, 29 men and a woman, were found stranded on an Evros River islet near the village of Nea Vyssa, on the border with Turkey, authorities said on Tuesday. The entire group was rescued from the spot.

    In an effort to cross the frontier from Turkey into Greece, the illegal migrants -- who by their own account include nine Algerians, eight Syrians, six Moroccans, five Palestinians and two Afghanis -- found themselves stranded on the islet until spotted by Greek police patrolling along the river

    The Evros River continues to attract migrant smugglers ferrying mostly Third World illegal migrants into Greece from neighbouring Turkey, a situation that has generated enormous problems in Greece amid a punishing economic crisis and caused a growing backlash against illegal immigration.amna

    [03] State budget deficit slashed to 18 mln euros in Jan-Apr

    AMNA / Greece's state budget primary deficit totaled 18 million euros in the January-April period this year, after a deficit of 1.481 billion euros in the corresponding period in 2011, the finance ministry said on Tuesday.

    The ministry report on the general government's data said that the government's overdue debt to the private sector totaled 6.279 billion euros at the end of April, slightly up from 6.238 billion euros a month earlier, of which social insurance funds' debt were 2.823 billion euros, state hospital debt were 1.588 billion euros, local authorities debt were 805 million euros, government ministries' debt totaled 797 million euros and other legal entities' debt were 266 million euros. www.amna.

    [04] Greek stocks plunge to lowest levels since Jan. 1990

    AMNA / Stocks plunged to their lowest levels since early January 1990 at the Athens Stock Exchange on Tuesday, as uncertainty over political developments combined with a worsening debt crisis in the Eurozone and a Grexit scenario reignited selling activity in the market.

    The composite index dropped 5.09 pct to end at 476.36 points, off the day's lows of 471.35 points. Analysts said the next support levels for the index were the 460 and 445 points. The market's capitalization fell below 20 billion euros, or less than 10 pct of the country's Gross Domestic Product, the lowest ratio in Europe.

    Turnover was a low 46.406 million euros. The Big Cap index dropped 5.11 pct and the Mid Cap index fell 4.0 pct. The Personal Products (2.60 pct) and Travel (0.92 pct) sectors scored gains, while Banks (9.05 pct), Raw Materials (8.48 pct) and Health (7.57 pct) suffered the heaviest percentage losses of the day. Jumbo (2.78 pct), OPAP (1.0 pct), Viohalco (0.63 pct) and Titan (0.48 pct) were top gainers among blue chip stocks, while Eurobank (15.22 pct), Cyprus Bank (9.54 pct), Alpha Bank (8.85 pct) and Mytilineos (8.55 pct) suffered losses. National Bank's share price fell below 1.0 euro per share, while its capitalization fell to 870 million euros.

    Broadly, decliners led advancers by 90 to 33 with another 15 issues unchanged.

    [05] Carnival Breeze docks in Piraeus on Wed.

    AMNA / The administration of the Piraeus Port Authority (OLP) will welcome the state-of-the-art cruise ship Carnival Breeze at the commercial port of Piraeus on Wednesday during a special event.

    Capt. Vincenzo Alcaras will be welcomed by OLP board members and will be presented with a special commemorative plaque.amna

    The 130,000-DWT Carnival Breeze, which is 306 metres long and can host 1,386 crew-members and 3,690 passengers, will dock at the Themistokleous pier.

    The vessel began its maiden voyage from Italy on June 1, 2012 and its first port of call in the Mediterranean is Piraeus.

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