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Athens News Agency: News in English, 00-06-28

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

From: The Athens News Agency at <>


  • [01] BoG-Intervention rates slashed
  • [02] Border guard killed

  • [01] BoG-Intervention rates slashed

    28/06/2000 11:53:18

    The Bank of Greece on Wednesday slashed its key intervention rates by between 0.50 and 0.75 basis points, bringing short-term rates closer to their EU equivalents. After a meeting of its Monetary Policy Council, the central bank announced a 0.50 percentage point reduction in the weekly intervention rate for two-week funds to 8.25 percent. It also slashed the primary overnight lending rate by 0.75 percentage point to 7.25 percent, and abolished the secondary overnight rate. In addition, it reduced the Lombard rate by 0.5 percentage point to 9.0 percent.

    [02] Border guard killed

    28/06/2000 10:24:23

    A Greek border guards was shot and killed early Wednesday by Albanians in the rural Argos Orestikou region, police said.

    They said Ioannis Pamboukidis, 30, was shot by Albanians carrying Kalashnikov rifles, who are believed to be drug smugglers.

    The Albanians opened fire on Pamboukidis and three other of his colleagues when the border guards ordered them to stop for a search.

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