Athens News Agency: News in English, 10-08-11

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

CONTENTS

[01] State budget deficit down

[02] Contraband cigarettes

[03] ASE opening: Decline

[04] Áthens Newspaper Headlines

[01] State budget deficit down

The fiscal result of the seven months of 2010 is due to both a restriction of expenditures and increased revenues, and has been accomplished before the full attribution of the additional measures instituted on March and May, 2010, according to the office.

[02] Contraband cigarettes

Roughly 1,179,000 packs of contraband cigarettes were confiscated after a search in two containers at the container terminal in Neo Ikonio, Piraeus.

The contraband cigarettes arrived at the Port of Piraeus from Egypt on July 19, 2010 and according to the documents accompanying the containers, they contained "office supplies" destined for Bulgaria

[03] ASE opening: Decline

All indexes were moving downwards with the biggest losses in Banks, down 1.75 percent; and Technology, down 1.42 percent.

The FTSE/ASE 20 index for blue chip and heavily traded stocks was down 1.63 percent, the FTSE/ASE MID 40 index was down 0.61 percent, and the FTSE/ASE-80 small cap index was down 0.65 percent.

Of the stocks traded, 6 were up, 47 were down, and 11 were unchanged.

[04] Áthens Newspaper Headlines

The shortfall in state revenues from the Memorandum target in January-July 2010, the decrease in the state deficit, the market conditions, the changes in benefits in the public sector and the drop in real estate prices, dominated the headlines on Wednesday in Athens' newspapers.

ÁDESMEFTOS TYPOS: "All opposition parties against the government over the disastrous economic policy".

APOGEVMATINI: "Money exists in illegal gambling'.

AVGHI: "Deep in recession - GDP 3.5 percent down in second quarter of the year".

AVRIANI: "Help, we are destroyed! Market sends cry of agony".

ELEFTHEROS TYPOS: "Plunge in real estate prices - Crisis creates new scenery in real estate market".

ELEFTHEROTYPIA: "Six reversals for civil servants".

ESTIA: "High taxes unfruitful".

ETHNOS: "Pensions will be given from the Funds in ...installments - Extraordinary measures as of September to avoid a 'blackout'."

IMERISSIA: "Alarm over the revenues - 9 percent decline in July".

KATHIMERINI: "Finance Ministry speeds up to collect revenues - Target: 26.4 billion euros".

LOGOS: "Suffocation in the market - One hundred thousand enterprises go out of business".

NAFTEMPORIKI: "State Budget revenues off the target".

NIKI: "Environment, Energy and Climate Change Minister Tina Birbili's crap - Explosive decision bomb changes the renewable energy sources map".

RIZOSPASTIS: "Communist Party of Greece: Struggle for a popular development and not for the monopolies' profits".

TA NEA: "Fuel prices a nationwide looting - Profiteering orgy in tourist areas".

TO VIMA: "End to benefits and allowances".

VRADYNI: "Disability pensions targeted - Intensive controls to identify the beneficiaries".

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