Athens News Agency: News in English, 01-02-20

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

CONTENTS

[01] Weather Forecast-Wednesday

[02] Laliotis - Schinias rowing centre

[03] ASE-close

[01] Weather Forecast-Wednesday

Cloud is forecast throughout the country on Wednesday, turning to showers and storms in the west with a possibility of rain or sleet elsewhere and flurries of snow on high ground. Winds variable, light to strong. In the north, temperatures will range from -4C to 9C; on the rest of the mainland from 2C to 12C; and in the islands from 4C to 13C. Cloudy and showery in Athens with temperatures between 4C and 12C. Same in Thessaloniki, with temperatures from 0C to 9C.

[02] Laliotis - Schinias rowing centre

The government ruled out any change to its plans for an Olympic rowing and canoeing centre in Schinias on Tuesday, overriding the objections of environmentalists and, recently, Greece's Archaeological Society. The rowing centre is to be used when Athens hosts the Olympic Games in 2004.

"There is no reason to change the plans for the rowing centre," Environment, Town Planning and Public Works Minister Costas Laliotis told reporters, while he accused the project's detractors of "wanting to project their egos."

[03] ASE-close

Equity prices ended higher on Tuesday extending their gains for the ninth consecutive session on the Athens Stock Exchange with investors reappearing in strength opening new positions in the blue chip sector.

Traders said many investors preferred to take profits in the smaller capitalisation stocks sector which led the market's rally in the previous eight sessions.

The general index ended 0.94 percent higher at 3,271.14 points, off the day's highs of 3,319.61 points, with turnover a sharply improved 303.82 million euros, or 103.52 billion drachmas.

The FTSE/ASE 20 index for blue chip and heavy traded stocks ended 1.09 percent higher at 1,884.97 points, and the FTSE/ASE 40 index fell 0.97 percent to 377.65 points.

The parallel market index for smaller capitalisation stocks eased 1.75 percent to 308.08 points.

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