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Athens News Agency: News in English, 10-04-13

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

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

CONTENTS

  • [01] AHEPA symposium in Athens
  • [02] Greek bond market closing report
  • [03] Athens on fYRoM CoE flap
  • [04] Stocks end 2.21% down

  • [01] AHEPA symposium in Athens

    A symposium on US-Greek relations was hosted on Tuesday in Athens by the American Hellenic Educational Progressive Association's (AHEPA) HJ-10 Pericles Greek branch.

    The symposium on US-Greek relations coincided with a visit of the AHEPA board to Greece.

    Earlier on Tuesday, the visiting AHEPA board members met at the foreign ministry with Alternate Foreign Minister Dimitris Droutsas and Deputy Foreign Minister Spyros Kouvelis.

    [02] Greek bond market closing report

    (ANA-MPA) -- The yield spread between the 10-year Greek and German benchmark bonds widened again to 369 basis points in the Greek electronic secondary bond market on Tuesday, with the Greek bond yielding 6.82 pct and the German Bund 3.13 pct. Turnover in the market was a low 589 million euros, of which 158 million were buy orders and the remaining 431 million euros were sell orders. The 10-year benchmark bond (June 19, 2020) was the most heavily traded security with a turnover of 70 million euros.

    In interbank markets, interest rates were largely unchanged. The 12-month Euribor rate was 1.24 pct, the six-month rate 0.99 pct, the three-month 0.71 pct and the one-month rate 0.48 pct.

    [03] Athens on fYRoM CoE flap

    (ANA-MPA) -- Á foreign ministry spokesman in Athens on Monday warned that the leadership of the former Yugoslav Republic of Macedonia (fYRoM) will abuse its upcoming six-month Council of Europe (CoE) chairmanship in order to promote its positions over the still unresolved "name issue". (ANA-MPA)

    Spokesman Grigoris Delavekouras made the statement in reply to a press question regarding high-profile statements on the matter by fYRoM FM Antonio Milososki. (ANA-MPA)

    "Unfortunately, judging from statements of fYRoM's leadership, it is quite clear that the fYRoM governmentâs intention is to abuse this chairmanship to promote its positions on the name issue, just as it did during its presidency of the UN General Assembly. The goal of its actions is to nullify the content of Resolution (95) 23 of the CoE Committee of Ministers, which expressly states that this country shall be âprovisionally referred to as "the former Yugoslav Republic of Macedonia"â for all uses within the framework of the Council of Europe," the Greek foreign ministry spokesman underlined. (ANA-MPA)

    [04] Stocks end 2.21% down

    Stocks changed direction on Tuesday, returning much of the gains scored in the previous session in the Athens Stock Exchange. The composite index dropped 2.21 pct to end at 2,015.56 points, with turnover falling to 150.356 million euros.

    The FTSE 20 index fell 2.85 pct, the FTSE 40 index eased 1.77 pct and the FTSE 80 index ended 1.55 pct lower. The Financial Services (4.47 pct), Health (4.31 pct) and Banks (4.20 pct) suffered the heaviest percentage losses of the day, while Travel (1.17 pct) and Oil (0.23 pct) scored gains.

    Broadly, decliners led advancers by 130 to 46 with another 49 issues unchanged. Kekrops (8.36 pct), Nexans (8.19 pct), Boutaris (8.11 pc) and Edrasi (7.69 pct) were top gainers, while Paperpack (16.67 pct), Klonatex (14.29 pct), SIDMA (8.11 pct) and Technical Olympic (7.41 pct) were top losers.


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