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The Hellenic Radio (ERA): News in English, 02-10-05

The Hellenic Radio (ERA): News in English Directory - Previous Article - Next Article

From: The Hellenic Radio (ERA) <www.ert.gr/>

CONTENTS

  • [01] Weather forecast
  • [02] ASE closes with gains

  • [01] Weather forecast

    Sunshine is forecast in all parts of the country, with some scattered cloud and early morning mist. Showers or storms are expected later in the day, mainly in the west. Winds northerly, light to moderate. In the north, temperatures will range from 09C to 23C; on the rest of the mainland from 11C to 27C; and in the Aegean islands from 16C to 25C. Temperatures in Athens between 14C and 26C; and in Thessaloniki from 10C to 22C.

    (5/10/2002 11:22:00 )

    [02] ASE closes with gains

    The government appears to be determined to put an end to rumours regarding speculative games at the expense of investors at the Athens Stock Exchange.

    During his meeting with Prime Minister Costas Simitis yesterday, Finance Minister Nikos Christodoulakis discussed developments and underlined that the market is not representative of the image of the Greek economy, adding that the International economy will recover in 2003.

    After Mr Christodoulakis&#8217; statements the General Share Price Index of the Athens Stock Exchange rose yesterday by 1.17% closing at 1.792,45 points, while the volume of transactions was at 60.6 million euros.

    Of the stocks traded yesterday, 181 recorded gains and 111 had losses, while the value of 82 stocks remained unchanged.

    At the same time, government spokesman Christos Protopapas stated that he supported the authorities&#8217; intervention against speculative tactics.

    From its side, the New Democracy party blamed the government for the present situation at the Athens Stock Exchange, adding that the government lacks economic policy, while the supervising authorities lack credibility.

    Meanwhile, most Stock market worldwide continued their downward trend with Frankfurt index falling by 3.51%, Dow Jones dropping by 2.45% and Nasdaq by 2.20%.

    (5/10/2002 11:24:00 )


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