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Athens News Agency: News in English, 10-04-09

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

From: The Athens News Agency at <>


  • [01] Samaras blames gov't for rising spreads
  • [02] Fitch downgrades Greek credit rating to BBB-
  • [03] Patriarch Kirill on formal visit to Alexandria Patriarchate
  • [04] Stocks end 3.40% up

  • [01] Samaras blames gov't for rising spreads

    (ANA-MPA) -- Main opposition New Democracy (ND) leader Antonis Samaras sharply criticised the government during an address at a regional meeting of his party in the northwest city of Kozani on Friday, held ahead of the 8th party congress.

    He accused the government of being responsible for the (ANA-MPA) skyrocketing spreads and, referring to his party, clarified that he will not allow a return to introversion, while no disunity will be tolerated.

    Nevertheless, Samaras admitted that when ND was in office it "made mistakes and omissions", stressing however, that "they were nothing compared to the (ANA-MPA) performance of the current PASOK government."

    [02] Fitch downgrades Greek credit rating to BBB-

    (ANA-MPA) -- The international ratings service Fitch on Friday downgraded Greece's credit rating to BBB-, down two notches from the previous BBB+. Fitch issued a press release in Paris noting, amongst others, that the country's economic outlook remains negative.

    [03] Patriarch Kirill on formal visit to Alexandria Patriarchate

    CAIRO (ANA-MPA / N. Katsikas) -- Patriarch Kirill of Moscow and All Russia will begin a three-day official visit to the Patriarchate of Alexandria and All Africa on Saturday.

    The head of the Russian Church will visit the Patriarchate in Alexandria at noon on Saturday shortly after his arrival at the city's international airport and will be received by Patriarch Theodoros II of Alexandria and All Africa.

    On Sunday, they will officiate in a mass at the Annunciation Cathedral in Alexandria where Patriarch Kirill will receive the Grand Cross of Apostle Mark the Evangelist, the supreme honorary distinction awarded by the Patriarchate of Alexandria.

    Following a formal luncheon at the Patriarchate at noon on Sunday, the two Patriarchs will depart for Cairo.

    On Monday, the last day of his visit, the Patriarch of Moscow will meet with Pope Shenouda III of the Coptic Orthodox Church of Alexandria and Sheikh of al-Azhar Dr. Ahmed el-Tayeb.

    Before departing for Moscow, Kirill, accompanied by the Patriarch of Alexandria, will visit the historical Monastery of St George in the Old City of Cairo.

    [04] Stocks end 3.40% up

    Share prices rebounded at the Athens Stock Exchange a half hour before closing on Friday to fix the composite index of the market at 1,991.22 points. The up tick reversed a dismal week-long slide for the Athens bourse. The index ended 3.40 pct higher, with turnover a moderate 242.8 million euros.

    The FTSE 20 index was up by 4.59 pct, the FTSE 40 index rose 1.50 pct and the FTSE 80 index ended 1.49 pct up. Banks (7.14 pct) and Travel (4.01 pct) sectors scored gains, while Commerce (0.80 pct) and Foods & Beverages (0.22 pct) suffered the heaviest percentage losses of the day. Broadly, advancers led decliners by 136 to 51 with another 39 issues unchanged.

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