Athens News Agency: News in English, 01-06-22

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

CONTENTS

[01] Foreign Exchange Rates- Monday

[02] Interamerican-Eureko-Acquisition

[03] Soccer - AEK - UEFA opponent

[04] Weather Forecast: Sunny skies on Saturday

[05] Greek stocks unable to find support, end lower

[06] Fire Department reports 74 fires nationwide in past 24 hours

[01] Foreign Exchange Rates- Monday

Buying rates until Monday afternoon

U.S. dollar 396.359

German mark 172.829

French franc 051.531

Pound sterling 559.919

Irish punt 429.202

Belgian franc 008.379

Luxembourg franc 008.379

Dutch guilder 153.389

Italian lira (100) 017.457

Austrian schilling 024.565

Danish kroner 045.353

Swedish kroner 036.938

Finnish mark 056.852

Spanish peseta 002.032

Portuguese escudo 001.686

Japanese yen (100) 318.964

Swiss franc 222.858

Norwegian kroner 043.005

Cyprus pound 588.301

Canadian dollar 259.975

Australian dollar 204.740

[02] Interamerican-Eureko-Acquisition

Eureko of the Netherlands is to finalise an agreement for the acquisition of a majority stake in Interamerican Life, a listed Greek insurer, in August, Interamerican executives told a shareholders meeting on Friday.

Regulatory approval is expected from Greek authorities in June and from the European Union's competition committee in July, the officials said.

Interamerican's shareholders endorsed the sale of 54.3 percent of the company's stock to Eureko, and a transfer of assets to and from Dimitris Kontominas, who set up the company.

Kontominas was re-elected as Interamerican's president.

[03] Soccer - AEK - UEFA opponent

A mostly unknown club from Luxembourg, Club Sportif Grevenmacher, will be AEK Athens opponent in UEFA play next season, with two matches scheduled in August.

The first game has been set for Aug. 9 in Athens.

Grevenmacher finished second last season in the Luxembourg league with 49 points.

In response to Friday's draw, new AEK coach Fernando Santos well known from his stint at Porto said "its only natural for AEK to be considered the favourite in both games with Luxembourgs Grevenmacher, but well try to prove that on the pitch.?

Santos, who was contacted in Portugal, also noted that he doesnt have any information as yet on AEKs UEFA opponent.

The popular Athens club finished third in the Greek national league last season with 61 points.

[04] Weather Forecast: Sunny skies on Saturday

Sunshine is forecast on Saturday, turning to scattered cloud on the northern mainland later in the day. Winds northwesterly, moderate. In the north, temperatures will range from 14C to 30C; in the rest of the mainland from 16C to 32C; and in the islands from 18C to 29C. Sunny in Athens, with temperatures between 18C and 32C. Same in Thessaloniki, with temperatures from 16C to 30C.

[05] Greek stocks unable to find support, end lower

Equity prices ended lower on the Athens Stock Exchange on Friday, pushing the general index to its seventh record-low close this year, hit by a prevailing negative sentiment in the market and worries over political developments in the country after a decision by Prime Minister Costas Simitis to call for an early Pasok party congress.

Traders said the telecoms sector resisted pressures with Hellenic Telecoms and Cosmote scoring moderate gains, while blue chip banks suffered heavy losses (National Bank -1.73%, Alpha Bank -2.02%).

The general index ended 0.48 percent lower at 2,786.39 points, off the day's lows of 2,754.75 points, showing a net loss of 2.56 percent in the week.. Turnover was a low 141.147 million euros, or 48.096 billion drachmas.

The FTSE/ASE 20 index for blue chip and heavy traded stocks ended at 1,609.08 points, off 0.68 percent, the FTSE/ASE 40 index fell 0.86 percent to 316.41 points, and the FTSE/ASE SMALLCAP 80 index ended at 883.03 points, down 0.83 percent.

The parallel market index for smaller capitalisation stocks ended at 264.88 points, off 0.60 percent.

[06] Fire Department reports 74 fires nationwide in past 24 hours

Seventy-four fires have been reported throughout Greece in the last 24 hours, the Fire Department said on Friday morning, and all were now under control.

The announcement said that 39 of the blazes had broken out in farmland and forests.

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