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Athens News Agency: News in English, 02-11-13

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

From: The Athens News Agency at <>


  • [01] PM asks cabinet for level-headed approach to Annan plan
  • [02] EU releases revised Greek economic indicators for 2000-01
  • [03] Supreme Court upholds slander conviction of Roussel
  • [04] Foreign Exchange Rates - Thursday
  • [05] Weather Forecast: Mostly sunny on Thursday
  • [06] ASE drops back to 1,800 level

  • [01] PM asks cabinet for level-headed approach to Annan plan

    13/11/2002 23:12:21

    Prime Minister Costas Simitis on Wednesday urged his government to take a calm and pragmatic approach in assessing the set of proposals for a Cyprus settlement put forward by the United Nations, while noting that this might well be the last opportunity to seek a solution in this way.

    Addressing a Cabinet session devoted to the plan presented on Monday by United Nations Secretary General Kofi Annan, the premier stressed that this had been an ''unusual move'' that would be hard to repeat, since the UN could not keep risking its prestige on deadend efforts.

    According to government spokesman Christos Protopapas - who conveyed the results of the meeting to reporters - the premier was able to ascertain that there was general agreement to using the Annan plan as the starting point for ''constructive negotiations'' and on the need to be ''united, consistent and speak with one voice''.

    [02] EU releases revised Greek economic indicators for 2000-01

    13/11/2002 23:11:03

    BRUSSELS (ANA/G.Zitouniati) - The European Union's statistics agency on Wednesday released revised estimates for Greek economic indicators in 2000-2001.

    Greece's government gave Eurostat the revised estimates early in November following collaboration on tighter rules of calculation for indicators.

    The data is as follows:

  • Public deficit at -1.8 percent of gross domestic product (GDP) in 2000 (instead of -0.8 percent of GDP)

  • Public deficit at -1.2 percent of GDP in 2001 (instead of 0.1 percent of GDP)

  • Public debt of 106.2 percent of GDP in 2000 (instead of 104.7 percent of GDP)

  • Public debt of 107 percent of GDPin 2001

    [03] Supreme Court upholds slander conviction of Roussel

    13/11/2002 23:10:08

    The high-profile father of Onassis shipping heiress Athina Roussel, French national Thierry Roussel's petition to cancel a decision by an Athens appellate court, by which he was found guilty of slander, was rejected by the criminal law section of Arios Pagos, Greece's supreme court, on Wednesday.

    Roussel was convicted in March 2001 by the appellate court, which decreased his prison sentence to three years and six months, from the initial five years imposed by a lower court.

    The prosecutor of the supreme court had proposed that the petition be turned down, as the decision of the appellate court was well reasoned.

    Roussel, a permanent resident of Switzerland, had been found guilty by an Athens misdemeanour court of slander, perjury and of filing a frivolous lawsuit against the board members of the influential Alexander S. Onassis Foundation, whom he had charged with mismanaging the foundations financial assets.

    The fine was calculated based on the days he was to serve, for a total amount of 7.5 million drachmas (1 euro=344.75 drachmas).

    Roussel was married with the late Christina Onassis, the daughter of shipping magnate Aristotle Onassis.

    [04] Foreign Exchange Rates - Thursday

    13/11/2002 18:17:44

    Reference buying rates per euro released by the European Central Bank

    U.S. dollar 1.014

    Pound sterling 0.639

    Danish kroner 7.485

    Swedish kroner 9.145

    Japanese yen 121.7

    Swiss franc 1.474

    Norwegian kroner 7.379

    Cyprus pound 0.576

    Canadian dollar 1.602

    Australian dollar 1.812

    [05] Weather Forecast: Mostly sunny on Thursday

    13/11/2002 17:59:57

    Sunshine is forecast in most parts of the country, with scattered cloud in the Ionian and on the mainland. Light rain is expected mainly in the northwest. Early morning mist is expected. Winds southerly, moderate to strong. In the north, temperatures will range from 5C to 19C; on the rest of the mainland from 9C to 22C; and in the islands from 12C to 21C. Temperatures in Athens between 11C and 21C; and in Thessaloniki from 7C to 18C.

    [06] ASE drops back to 1,800 level

    13/11/2002 16:52:39

    Greek stocks suffered heavy losses on Wednesday pushing the general index closer to the 1,800 support level in the Athens Stock Exchange, reflecting increased selling of blue chip stocks, like Commercial Bank, National Bank and Hellenic Telecommunications Organisation.

    The index ended at 1,800.98 points, losing 1.49 percent of its value, off the day's lows of 1,796.41 points.

    Turnover was a low 68.9 million euros.

    The Construction sector was the only one to score gains (+0.05 percent), while the Publication, Banks and Base Metal sectors suffered the heaviest percentage losses of the day (2.87 percent, 2.70 percent and 2.42 percent, respectively).

    The FTSE/ASE 20 index for blue chip and heavy traded stocks fell 2.07 percent, the FTSE/ASE MID 40 index ended 1.91 percent lower and the FTSE/ASE SmallCap 80 index fell 0.95 percent.

    Broadly, decliners led advancers by 262 to 62 with another 33 issues unchanged.

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