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Athens News Agency: News in English, 10-07-02

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

From: The Athens News Agency at <>


  • [01] PM: Gov't will respect deliberation outcome
  • [02] ND political council elects new sec't
  • [03] Dems Abroad to host July 4th beach party
  • [04] Greek bond market closing report
  • [05] Roman Agora Museum opens in Thessaloniki
  • [06] Stocks end flat on Fri.

  • [01] PM: Gov't will respect deliberation outcome

    (ANA-MPA) -- Prime minister George Papandreou assured that his PASOK government will respect the outcome of the deliberation with the social partners and desires consensus, speaking after a Cabinet session to a meeting that was attended by the leaders of the General Confederation of Workers of Greece (GSEE) and the Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEBEE), finance minister George Papaconstantinou, employment minister Andreas Loverdos and several PASOK MPs responsible for labor and social security issues.

    The meeting, at PASOK's office in parliament, took place in the context of the PASOK Political Council's decision for a broad dialogue with the social agencies.

    The meeting focused on a review of the situation in the labor and social security fields, while various related proposals and recommendations were also examined.

    Caption: Prime minister George Papandreou enters a meeting with the GSEE and GSEBEE leaders and the finance and employment ministers. (ANA-MPA/K. Mavrona)

    [02] ND political council elects new sec't

    (ANA-MPA) -- Main opposition New Democracy (ND) leader on Friday chaired the first session of the party's new Political Committee that emerged from the party's 8th regular Congress over the weekend, which met to elect the party's new secretary, the two new posts of party vice-presidents, and a 7-member Executive Secretariat, which replaces the up-to-now Political Council.

    Andreas Lykourentzos was elected as the new ND secretary in a voice vote, as he was the only candidate, while the two party vice-presidents are expected to be former ministers Dimitris Avramopoulos and Stavros Dimas, who have been nominated by party leader Antonis Samaras.

    The duties of the two vice-presidents are due to be announced before July 7, when ND is slated to unveil its positions for the country's exodus from the crisis and its disengagement from the EU-IMF Memorandum. According to sources, however, Avramopoulos, a career diplomat, will assume the portfolios of foreign and defence policy, ND's international relations, and public administration and security, while Dimas, a former EU Commissioner, will take on the portfolios of the economy and development, as well as the environment, energy and transports.

    [03] Dems Abroad to host July 4th beach party

    Democrats Abroad - Greece will host a traditional Independence Day picnic at the Lagonissi public beach on Sunday, July 4.

    "This is an invitation for all Americans as a community to celebrate Independence Day; bring your family and your friends and let's celebrate the 4th of July traditionally," Democrats Abroad in Greece chairwoman Yvette Jarvis said.

    Concession stands will be set up to sell traditional Fourth of July foods and beverages (burgers, hotdogs, salads, BBQ etc.) while a fireworks display, music and even an absentee voter registration for the November mid-term elections is scheduled.

    Volunteers will also hold a coordinated beach cleanup at the Lagonissi site afterwards.

    [04] Greek bond market closing report

    (ANA-MPA) -- The yield spread between the 10-year Greek and German benchmark bonds was 772 basis points on Friday, from 775 bps on Thursday, with turnover in the Greek electronic secondary bond market falling to 85 million euros. The Greek bond yielded 10.32 pct and the German Bund 2.60 pct.

    In interbank markets, interest rates moved higher. The 12-month rate was 1.42 pct, the six-month rate was 1.10 pct, the three-month 0.78 pct and the one-month rate 1.05 pct.

    [05] Roman Agora Museum opens in Thessaloniki

    (ANA-MPA) -- The history of the area where the ancient forum is located in downtown Thessaloniki, and the most important events that have taken place in the metropolis, are reconstructed through the exhibits on display in the new Roman Forum Museum.

    The underground museum is a continuation of a hidden stoa (gallery) and features findings from the Hellenistic era, when vessel and statuette workshops thrived in the area, as well as from the "golden age" of the Roman Forum up to the 4th century when it ceased being a regional administrative centre and the pottery workshops reappeared. The museum also features exhibits from the Ottoman period until the 1917 fire that destroyed most of the city.

    The archaeological site of the Roman Forum and the museum are open Tuesdays throught Sundays with entrance free of charge. Both are easily accessed by the disabled, while a special section of the museum is dedicated to the visually impaired.

    Caption: A view of a recently opened galley at the Roman Forum Museum in downtown Thessaloniki. ANA-MPA / STR

    [06] Stocks end flat on Fri.

    Stocks ended slightly lower at the Athens Stock Exchange on Friday, unable to hold on to their initial significant gains. The composite index of the market eased 0.07 pct to end at 1,451.08 points, after rising as much as 1.46 pct during the session. Turnover was a thin 58.839 million euros.

    The Big Cap index rose 0.05 pct, the Mid Cap index ended 0.38 pct lower and the Small Cap index rose 0.51 pct. The Insurance (3.41 pct) and Oil (1.61 pct) sectors scored gains, while Media (3.20 pct) and Technology (2.15 pct) suffered losses. Broadly, advancers led decliners by 87 to 73 with another 56 issues unchanged. Pairis (19.51 pct), Lavipharm (10.29 pct) and Dias (9.74 pct) were top gainers, while Atlantic (18.75 pct), Klonatex (11.11 pct) and Vardas (9.09 pct) were top losers.

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