Athens News Agency: News in English, 02-07-03

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

CONTENTS

[01] Deputy DM and Georgian counterpart discuss cooperation

[02] Thursday weather - Sunny all over the country

[03] Foreign Exchange Rates - Thursday

[04] Greek stocks continue losing ground on Wednesday

[01] Deputy DM and Georgian counterpart discuss cooperation

Deputy Defence Minister Loukas Apostolidis and his Georgian counterpart Jela Bejuasvili discussed issues concerning bilateral military cooperation between Greece and Georgia during their meeting in Athens on Wednesday.

Talks focused on the Georgian navy's restructuring, the training of Georgian armed forces' officials at Greek academies, the appointment of a Greek liaison officer at the Georgian armed forces general staff and Greece's assistance for Georgia's rapprochement with Euroatlantic structures.

Apostolidis reiterated Greece's desire for the further widening of relations between the two countries in all sectors for the promotion of peace and security in the wider region.

[02] Thursday weather - Sunny all over the country

Sunny throughout Greece on Thursday with a chance of scattered could later in the day in the central and northern parts of the country. Northerly winds, moderate to strong on the Aegean. Temperatures between 20C to 36C on the mainland, 23C to 33C on the islands.

Sunny in Athens with temperatures ranging between 23C to 36C. The same for Thessaloniki, 20C to 34C.

[03] Foreign Exchange Rates - Thursday

Indicative tourist buying rates per euro until Thursday

U.S. dollar 0.985

Pound sterling 0.647

Danish kroner 7.477

Swedish kroner 9.202

Japanese yen 118.3

Swiss franc 1.473

Norwegian kroner 7.400

Cyprus pound 0.584

Canadian dollar 1.506

Australian dollar 1.766

[04] Greek stocks continue losing ground on Wednesday

The Athens Stock Exchange set a double record on Wednesday with the general index falling to a new year low while it fell below the 2,150 level in intra-day trade, reflecting negative sentiment in the market.

The general index ended 0.75 percent lower at 2,164.41 points, after falling to 2,143,74 points during the session.

Turnover was a low 75.6 million euros.

The Construction, IT Solutions and Textile sectors scored the biggest percentage gains (1.22 percent, 0.34 percent and 0.29 percent, respectively), while the Metals, Insurance and IT sectors suffered the heaviest percentage losses (2.91 percent, 2.44 percent and 1.32 percent).

The FTSE/ASE 20 index for blue chip and heavy traded stocks ended 0.55 percent lower, the FTSE/ASE MID 40 index eased 0.69 percent and the FTSE/ASE SmallCap 80 index dropped 0.68 percent.

Broadly, decliners led advancers by 221 to 88 with another 45 issues unchanged.

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