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Athens News Agency: News in English, 10-11-02

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

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

CONTENTS

  • [01] Gov't: No debt restructuring
  • [02] Stocks end 0.96% higher

  • [01] Gov't: No debt restructuring

    (ANA-MPA) -- The government spokesman on Tuesday categorically dismissed the possibility of a restructuring of the country's public debt, while adding that such speculation, along with claims of a possibility of extending the repayment period, are only hypothetical.

    "We are interested in unwaveringly meeting our goals. The more we depart from our goals, the more we depart from the stability we are aiming for," spokesman Giorgos Petalotis said, while emphasising that there is "no hidden government agenda".

    Moreover, speaking during his regular press briefing, Petalotis replied that there was "no trend towards escapism", while adding that PM George Papandreou spoke with "sincerity, clearly defining the issues and problems..."

    He also said the premier called on voters to again give ruling PASOK a mandate via the upcoming local government election.

    More details on the subscriber's page of APE-MPE | Subscription request form

    [02] Stocks end 0.96% higher

    Stocks recovered part of Monday‚s sharp losses at the Athens Stock Exchange on Tuesday, with the composite index of the market rising 0.96 pct to end at 1,518.64 points.

    Turnover was a low 92.569 million euros. The Big Cap index rose 0.65 pct, the Mid Cap index was 0.87 pct down and the Small Cap index eased 0.38 pct. PPC (4.82 pct), Ellaktor (3.18 pct), Alpha Bank (3.04 pct), Eurobank (2.61 pct) and Coca-Cola Hellenic Bottling (2.18 pct) were top gainers among blue chip stocks.

    MIG (5.19 pct) and Marfin Popular Bank (6.34 pct) were major losers.

    Utilities (3.88 pct) and Food (2.17 pct) scored the biggest percentage gains of the day, while Financial Services (3.46 pct) and Health (2.39 pct) suffered losses. Broadly, decliners led advancers by 91 to 65 with another 46 issues unchanged. Vell Group (13.64 pct), Audiovisual (8.57 pct) and Evrofarma (8.33 pct) were top gainers, while Neorio (18.31 pct), Altec (12.5 pct) and Geniki (10.16 pct) were top losers.

    More details on the subscriber's page of APE-MPE | Subscription request form


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