HR-Net - Hellenic Resources Network Compact version
Today's Suggestion
Read about Hellenism (by Vlassis Agtzidis)
HomeAbout HR-NetNewsWeb SitesDocumentsOnline HelpUsage InformationContact us
Wednesday, 18 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 Macedonian News Agency: News in English, 12-12-10

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

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

CONTENTS

  • [01] Inflation up 1pct in November
  • [02] Greek debt buy-back process extended for 24 hours

  • [01] Inflation up 1pct in November

    AMNA--Greek inflation rose by one percent in November, year-on-year, the independent Hellenic Statistical Authority said on Monday.

    ELSTAT, in a report, said that the Consumer Price Index (CPI) in November 2012 compared with November 2011, increased by 1.0%. In November 2011, the annual rate of change of the CPI was 2.9%.

    The CPI in November 2012 compared with October 2012 decreased by 0.5%. In November 2011, the monthly rate of change of the CPI was 0.2%.

    In the twelve-month period from December 2011 to November 2012 compared with the period from December 2010 to November 2011 the annual average rate of change of the CPI was 1.6%. The corresponding annual average rate of change of the CPI in the previous year (December 2010 to November 2011), was 3.6%.amna

    Also, the Harmonized Index of Consumer Prices (HICP) in November 2012 compared with November 2011, increased by 0.4%. In November 2011, the annual rate of change of the HICP was 2.8%.amna

    The HICP in November 2012 compared with October 2012, decreased by 0.3%. In November 2011, the monthly rate of change of the HICP was 0.2%.

    In the twelve-month period from December 2011 to November 2012 compared with the period from December 2010 to November 2011, the annual average rate of change of the HICP was 1.2%. The previous year, in the corresponding twelve - month period, the annual average rate of change of the HICP was 3.4%.

    [02] Greek debt buy-back process extended for 24 hours

    AMNA--Greece on Monday said it was extending a deadline for completion of a bond buy-back process until Tuesday 12.00 h (London time), in a move aimed at offering private bondholders more time to participate in the book-building process.

    A statement by the Public Debt Management Organization's head Stelios Papadopoulos said: "Bondholders that have not yet offered their securities can take advantage of liquidity opportunities offered by the invitation. Investors also reckon in that even if Greece accepted all offered bonds it will continue cooperating with its official creditors towards examining further steps to put the country's debt into a sustainable course. Future measures could not include the opportunity to liquidate these bonds at levels offered in the current buy-back programme". amna

    The Greek government aims to achieve a participation in the buy-back programme worth 30 billion euros. The issue was discussed on Sunday during a Euro Working Group meeting. According to sources, foreign investors' -- mostly hedge funds -- participation totaled around 16 billion euros, while Greek banks' participation was around 10 billion euros. Greece expects that the remaining 3-4 billion euros will be covered during the 24-hour extension of the process.


    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, 10 December 2012 - 11:38:09 UTC