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Athens News Agency: News in English, 09-09-02

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

From: The Athens News Agency at <>


  • [01] MEPs denounce harassment of Olympic Air flight by Turkish jets
  • [02] Hellenic Petroleum to absorb Petrola SA
  • [03] Gov't to separate Greek natgas grid from DEPA
  • [04] Anti-tank rockets found buried in Thessaloniki
  • [05] Stocks end 1.26% down

  • [01] MEPs denounce harassment of Olympic Air flight by Turkish jets

    BRUSSELS (ANA-MPA - M. Aroni) Commenting on the recent harassment of a civilian Olympic Air flight by Turkish fighter jets above the Aegean, Sweden's Infrastructure Minister Asa Torstensson on Wednesday stressed the need to respect the right of passengers to safe air transport. She was responding to a question put by Greek New Democracy MEP George Koumoutsakos regarding flight safety in European air space, during a meeting of European Parliament's Transport Committee.

    In her reply to Koumoutsakos, Torstensson stressed that the safety of air transport was a very important issue for the Swedish EU presidency, as was ensuring that the treaties necessary for EU institutions to function were honoured.

    The incident was also denounced to European Commissioner Olli Rehn by Greek PASOK MEP Marilena Koppa, during a session of the European Parliament's Foreign Affairs Committee. Koppa said that Turkey had violated a moratorium on military exercises in the Aegean over the summer and also pointed to recurrent flights above the inhabited Greek islands of Agathonisi and Farmakonisi by Turkish fighter jets, as well as a simulated bombardment by Turkish military planes above the island of Fournous a few days ago.

    [02] Hellenic Petroleum to absorb Petrola SA

    Hellenic Petroleum on Wednesday announced a merger decision through the absorption of its 100 pct subsidiary Petrola SA from its parent company Hellenic Petroleum SA. The merger will be completed by the end of the month.

    [03] Gov't to separate Greek natgas grid from DEPA

    The Greek government on Tuesday said it planned to restructure its natural gas monopoly, DEPA, by stripping it from its pipeline grid operator DESFA and returning some capital to its shareholders, before taking a decision to sell a stake to investors.

    The country‚s privatisation commission agreed that DESFA will be separated from the group and operate independently, a move reflecting the government‚s decision to maintain control over the country‚s natural gas grid network.

    A Finance ministry statement said the government will ask both DEPA and DESFA to return some capital to shareholders.

    [04] Anti-tank rockets found buried in Thessaloniki

    Eight buried rockets were discovered in the mountains of Nea Vrasna in the northern Greek prefecture of Thessaloniki on Wednesday, by the Special Audits Service regional headquarters for Central Macedonia. The find was made after an intensive search based on a tip-off.

    The search was carried out in cooperation a Thessaloniki Coast Guard Special Missions team and the American-made 3.5-inch anti-tank rockets, carefully wrapped, were unearthed in an inaccessible stretch of forest in the Nea Vrasna area.

    The appropriate public prosecutor, the Anti-Terrorism Service and Greece's National Intelligence Service (EYP) have all been alerted to the find.

    [05] Stocks end 1.26% down

    Greek stocks changed direction for the third consecutive session in the Athens Stock Exchange on Wednesday, this time ending lower, following a similar trend in other European markets. The composite index fell 1.26 pct to end at 2,477.98 points, with turnover at 213.9 million euros, of which 7.4 million euros were block trades.

    Most sectors moved downwards, with the Health (3.05 pct), Technology (2.95 pct) and Telecommunications (2.59 pct) suffering the heaviest percentage losses of the day, while Financial Services (2.60 pct), Media (2.56 pct) and Oil (0.79 pct) scored gains.

    The FTSE 20 index fell 1.21 pct, the FTSE 40 index eased 1.30 pct and the FTSE 80 index ended 0.62 pct down. Broadly, decliners led advancers by 136 to 62 with another 48 issues unchanged.

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