Athens News Agency: News in English, 03-07-01

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

CONTENTS

[01] Sixteen Turkish warplanes infringe Athens FIR, violate Greek airspace

[02] Weather Forecast: Temperatures to edge up on Wednesday

[03] Three concerts on the Mediterranean to be held in northern Greece from

[04] Foreign Exchange Rates - Wednesday

[05] Greek stocks end 1.28 pct lower on Tuesday

[01] Sixteen Turkish warplanes infringe Athens FIR, violate Greek airspace

The Turkish Airforce is continuing its provocative actions in the airspace of the Aegean, ignoring the known as the Papoulias-Yilmaz memorandum, on the basis of which activities should be avoided during the peak of the tourist season.

According to press reports, six formations, 16 aircraft, of Turkish warplanes made an equal number of infringements of air traffic regulations in the Athens Flight Informatiion Region (FIR) on Tuesday which developed into 42 violations of national airspace in the southern Aegean.

In all cases, the 16 Turkish warplanes were recognised and intercepted by Greek warplanes, while in three cases the interception developed into an engagement.

It is recalled that until last year the two-month moratorium on the holding of exercises and activities in the summer season was respected, on the basis of the Papoulias-Yilmaz memorandum.

[02] Weather Forecast: Temperatures to edge up on Wednesday

Hot, sunny weather is forecast in all parts of the country. Winds northerly, light. In the west, temperatures will range from 22C to 40C; on the mainland from 20C to 39C; and in the Aegean islands from 24C to 36C. Temperatures in Athens will range between 22C and 39C; and in Thessaloniki from 22C to 38C.

[03] Three concerts on the Mediterranean to be held in northern Greece from July 3-6

The prefectural administrations of Rodopi and Evros, northern Greece will organise from July 3-6 three concerts with women performers from the Mediterranean on the theme of peace for its peoples.

Taking part in the concerts are Savina Yiannatou (Greece), Saafa Tamis (Palestinian territories), Dilek Kots (Turkey), Lamia Bendiui (Tunisia), Lilian Siba (France) and Katerina Constantinou (Cyprus).

The evening in Alexandroupoli on July 4 will be broadcast directly by radio on 10-12 p.m. by NET 105.8 to the 19 regional stations of Greek Radio in all Greece and by ERA 5 to all the world, from the programme ''Concerts of the Voice of Greece''.

[04] Foreign Exchange Rates - Wednesday

Reference buying rates per euro released by the European Central Bank

U.S. dollar 1.163

Pound sterling 0.701

Danish kroner 7.489

Swedish kroner 9.270

Japanese yen 139.3

Swiss franc 1.570

Norwegian kroner 8.374

Cyprus pound 0.591

Canadian dollar 1.566

Australian dollar 1.721

[05] Greek stocks end 1.28 pct lower on Tuesday

Greek stocks ended Tuesday's session sharply lower in the Athens Stock Exchange with the market resuming its correction trend.

The general index fell 1.28 percent to end at 1,867.79 points, mainly reflecting a 7.38 percent drop in Hellenic Telecommunications Organisation's share price (the company's shares were traded ex-dividend).

Turnover was a moderate 100.8 million euros.

The Telecommunications, Publications and Metal sectors suffered the heaviest percentage losses of the day (3.98 percent, 2.93 percent and 2.17 percent, respectively), while the IT Solution (3.68 percent), Textile (2.34 percent) and Wholesale (2.07 percent) sectors scored the biggest percentage gains.

The FTSE/ASE 20 index for blue chip and heavy traded stocks fell 1.72 percent, the FTSE/ASE MID 40 index eased 0.47 percent, the FTSE/ASE SmallCap 80 index ended 1.42 percent higher and the wider FTSE/ASE 140 index fell 1.18 percent.

Broadly, advancers led decliners by 176 to 142 with another 35 issues unchanged.

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