Athens News Agency: News in English, 01-03-15

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

CONTENTS

[01] Macedonia Airport-Safe Landing System

[02] Foreign Exchange Rates - Friday

[03] Weather Forecast-Friday

[04] ASE-close

[01] Macedonia Airport-Safe Landing System

Installation of a radar landing guidance system is due to be completed at Thessaloniki's Macedonia Airport in May, Transport and Communications Minister Christos Verelis said in the northern port city on Thursday.

The safe landing system will guide planes landing at the airport in adverse weather conditions and should be fully operational about 50 days after installation, Verelis told reporters.

The sytem has been operating on a trial basis for three months.

Flights at the airport are often cancelled due to fog.

[02] Foreign Exchange Rates - Friday

Friday's buying rates

U.S. dollar 372.934

German mark 172.829

French franc 051.531

Pound sterling 537.825

Irish punt 429.202

Belgian franc 008.379

Luxembourg franc 008.379

Dutch guilder 153.389

Italian lira (100) 017.457

Austrian schilling 024.565

Danish kroner 45.283

Swedish kroner 36.954

Finnish mark 056.852

Spanish peseta 002.032

Portuguese escudo 001.686

Japanese yen (100) 305.824

Swiss franc 219.682

Norwegian kroner 41.305

Cyprus pound 584.006

Canadian dollar 239.223

Australian dollar 184.179

[03] Weather Forecast-Friday

Sunshine is forecast around the country on Friday, with limited early morning visibility due to mist. Winds will be northerly, light to moderate. In the north, temperatures will range from 5C to 20C; on the rest of the mainland and the Ionian from 7C to 22C; and in the Aegean islands from 10C to 20C. Sunny skies over Athens with temperatures between 10C and 22C. Same in Thessaloniki, with temperatures from 8C to 20C.

[04] ASE-close

Equity prices rebounded spectacularily on the Athens Stock Exchange on Thursday, recovering a good part of their previous day's sharp losses, as an improved climate in European markets combined with predictions of a rebound in US markets, encouraged buying activity.

Traders noted, however, that the market was extremely volatile for most part of the session.

Telecommunications stocks led the market's recovery, with the IT, Textile and Construction sectors following through.

The general index ended 2.37 percent higher at 3,135.93 points, with turnover a heavy 300.55 million euros, or 102.41 billion drachmas.

The FTSE/ASE 20 index for blue chip and heavy traded stocks ended 2.06 percent higher at 1,786.11 points, and the FTSE/ASE 40 index jumped 2.82 percent to 377.92 points.

The parallel market index for smaller capitalisation stocks ended at 342.03 points, up 2.83 percent.

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