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Athens News Agency: News in English, 08-07-04

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

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

CONTENTS

  • [01] SYN leader in Cyprus
  • [02] Balkan general staff chiefs
  • [03] ASE turnover down 42.82%

  • [01] SYN leader in Cyprus

    Visiting Coalition of the Left, Movements and Ecology (Synaspismos) leader Alexis Tsipras was received on Friday by Cyprus President Demetris Christofias, in Nicosia, saying afterwards that they had "a substantive discussion on President Christofias's effort to find a viable and workable solution to the issue of Cyprus."

    They also discussed international developments.

    "The only safe path for a solution to the Cyprus issue is a rapprochement between the two communities, far from nationalism, intransigence and far from the hegemonism of the international factor that has only brought about ills," Tsipras told President Christofias.

    The Coalition leader said that he expressed his party's solidarity for the difficult task of President Christofias, adding that "we are investing in President Christofias to prepare an alternative plan and in his efforts for a solution to the issue of Cyprus."

    Replying to a question on Turkey's policy on the issue of Cyprus, Tsipras said that developments in the neighbouring country are a "very bad conjuncture" for a solution to the issue of Cyprus, while expressing the hope that developments in Turkey "will not be fatal for the effort to resolve the Cyprus issue."

    He was earlier received by President of the House of Representatives Marios Garoyian, who said they exchanged views on the Cyprus problem, other international developments as well as the future of the Lisbon Treaty.

    Tsipras, who visited Cyprus at the invitation of the Leftist AKEL party, also met with Cypriot party leaders and was due back in Athens late on Friday night.

    [02] Balkan general staff chiefs

    The chief of the Greek Armed Forces General Staff, General Dimitrios Grapsas, will attend the second meeting of Balkans chiefs of general staff taking place in the Turkish city of Antalya on Monday.

    He will be among nine Balkans armed forces chiefs attending the conference, alongside his counterparts from Albania, Bosnia-Herzegovina, Bulgaria, Montenegro, the Former Yugoslav Republic of Macedonia, Romania, Serbia and Turkey.

    They will discuss ways of enhancing military cooperation between the participant countries in order to further promote regional security.

    The conference will also be attended by the chairmen of NATO and EU military committees and the Commander of the Allied Joint Forces Command in Naples (COM JFC NAPLES).

    [03] ASE turnover down 42.82%

    Turnover in the Athens Stock Exchange fell significantly in June, with the monthly value of transactions falling 42.82 percent to 6.067 billion euros, down from 10.61 billion euros in May.

    Average daily turnover totaled 303.23 million euros in June, from 505.05 million euros in May and 474.77 million in June 2007. The composite index of the market ended the previous month at 3,439.71 points, down 17.64 pct from the previous monthās close. The index jumped to 4,182.15 points in June and to a low of 3,356.81 points during the month.

    The FTSE/ASE 20 index ended 17.17 pct down in June and was down 28.41 pct compared with June 2007, the FTSE/ASE 40 index fell 14.26 pct in the month and was down 31.94 pct compared with the same month last year, while the FTSE/ASE 80 index dropped 10.01 pct in June and was down 27.59 pct from the same month in 2007.

    The marketās capitalization was 327.67 billion euros at the end of June, from 351.016 billion in May (down 6.65 pct) and compared with 385.595 billion in June 2007 (down 15.02 pct). National Bank, OTE, Coca Cola, Hellenic Bottling, Alpha Bank and Piraeus Bank were the most heavily traded securities.


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