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Athens News Agency: News in English, 08-10-29

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

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

CONTENTS

  • [01] Spectacular rise at ASE opening
  • [02] Athens Newspaper Headlines

  • [01] Spectacular rise at ASE opening

    Equity prices were recovering at the opening of trade on Wednesday on the Athens Stock Exchange (ASE), influenced by the major international money markets, with the basic share price index up 10.47 percent, standing at 1,979.35 points at 10:45 a.m., and turnover at 45.3 million euros.

    Individual sector indices were moving upward across the board, with the biggest gains in Food & Beverage, up 16.74 percent; Construction, up 13.11 percent; Banks, up 11.24 percent; and Raw Materials, up 1.60 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was up 10.54 percent, the FTSE/ASE MID 40 index was up 6.69 percent, and the FTSE/ASE-80 small cap index was up 6.24 percent.

    Of the stocks moved, 147 were up, 2 were down, and 9 were unchanged.

    [02] Athens Newspaper Headlines

    The Wednesday edition of Athens' dailies at a glance

    The government's planned measures for the financially weaker brackets and the Inner Cabinet meeting on the international crisis dominated the front pages in Athens' dailies on Wednesday.

    ADESMEFTOS TYPOS: "The goal is to protect pensioners and SMEs - Inner Cabinet to meet on Wednesday".

    APOGEVMATINI: "Parliament president Dimitris Sioufas stresses that the crisis demands...uniting of forces".

    AVRIANI: "Social package from Karamanlis - Fortifying the unemployed and low-pension earners the immediate priority".

    CHORA: "Waltzing with the barons - Government's meetings with all the publishers".

    ELEFTHERI ORA: "Slowdown in commerce due to lack of money".

    ELEFTHEROS: "Mitsotakis bomb against Karamanlis - He prefers strong PASOK government to the lack of governance".

    ELEFTHEROS TYPOS: "The 'Hungarian miracle' turns into a nightmare - The model-economy on the brink of bankruptcy - Romania, Bulgaria, Turkey a 'devil's triangle' for Greek enterprises".

    ELEFTHEROTYPIA: "Aspirin for the crisis - Inner Cabinet today on protection of the workers".

    ESTIA: "Uncertainty over the economy - Chain reactions in all sectors".

    ETHNOS: "They're seeking life-raft in the crisis - Karamanlis playing on the backs of the unemployed".

    TA NEA: "Home on auction for 1,849 euros debt - Auctions continuing despite the new law".

    VRADYNI: "Big deals, with the unemployed as the hostages - Games of prevalence by economic giants, with dismissals the weapon".


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