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Athens News Agency: News in English, 10-04-15

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

From: The Athens News Agency at <>


  • [01] PEGASO European research initiative launched
  • [02] ASE opening: Decline
  • [03] Athens Newspaper Headlines

  • [01] PEGASO European research initiative launched

    Over 60 scientists from 23 European organizations representing 15 countries, who specialize in different fields of research, meet in Venice on April 12-14 to launch the PEGASO (People for Ecosystem Based Governance in Assessing Sustainable Development of Ocean and Coast) project. Greece participates in the initiative through the Hellenic Center for Marine Research (HCMR).

    Barcelona's Universitat Autonoma has undertaken the coordination of the endeavour, a joint effort to bridge science and decision-making processes on issues related to coast management. The project will be completed in Dec. 2014 and will be funded by the EC Framework Programme 7 with roughly 7 million euros during the next four years.

    The goal is to study specific actions to be applied under the Integral Coastal Zone Management (ICZM) for the protection of the Mediterranean signed by 21 countries in Jan. 2008.

    Researchers will analyze the situation in the Aegean Sea islands; the northern Adriatic Sea (where climate change and rising sea levels pose a threat to the city of Venice); the Nile Delta; the Moroccan coast, the northern coast of Lebanon; the Rhone River mouth located in The Camargue, France; the Danube Delta; the Sebastopol Bay; the Gulf of Gabes, Georgia, etc.

    [02] ASE opening: Decline

    Equity prices were declining at the opening of trade on Thursday on the Athens Stock Exchange (ASE),with the basic share price index down 0.50 percent, standing at 1,976.74 points at 11:30 a.m., and turnover at 37.139 million euros.

    Individual sector indices were moving mostly downward with the biggest gains in Insurance, up 1.89 percent; and Chemicals, up 0.35 percent.

    The biggest losses were in Health, down 1.79 percent; and Public Utilities, down 1.60 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was down 0.57 percent, the FTSE/ASE MID 40 index was down 0.48 percent, and the FTSE/ASE-80 small cap index was down 0.63 percent.

    Of the stocks traded, 30 were up, 49 were down, and 19 were unchanged.

    [03] Athens Newspaper Headlines

    The Thursday edition of Athens' dailies at a glance

    The Greek economy and the eurozone's decision to impose harsh penalties to countries with high debts and deficits, the clash in parliament over the tax bill, and markets' pressure for changes in the social security system, dominated the headlines on Thursday in Athens' newspapers.

    ADESMEFTOS TYPOS: "Pensions: Which will be reduced and for who - Draft bill to be submitted to Inner Cabinet on Thursday".

    APOGEVMATINI: "Teachers' hiring in private schools too via ASEP (civil service hiring examinations board) and the appointment in private schools - System similar to that in public sector to be applied soon in the private sector as well".

    AVGHI: "Employees and pensioners targeted - Government implements IMF measures".

    AVRIANI: "Country sinking in a deadly vortex - Find money now or else call the IMF".

    ELEFTHEROS: "They're pushing the workers to take out parallel private insurance".

    ELEFTHEROS TYPOS: "Main opposition ND leader Antonis Samaras statement on economy: NO to IMF - We can do it by ourselves".

    ELEFTHEROTYPIA: "Prime Minister George Papandreou and ND leader Antonis Samaras deprecate IMF and call for low tones".

    ESTIA: "How we diverged from Europe - The common currency and the impossibility of devaluation".

    ETHNOS: "Alarm for hot cash in Tax Bureau offices - 'Raids' in April on orders of Finance Minister George Papaconstantinou".

    IMERISSIA: "EU and IMF in our backyard - Markets press for immediate recourse".

    KATHIMERINI: "Everything indicates recourse to IMF- EU - The rescue plan dominated Papandreou-Samaras meeting - New skyrocketing of the spreads".

    LOGOS: "Poverty brings grumbling -Clash in parliament during debate on taxation system".

    NAFTEMPORIKI: "Heavy penalties for eurozone countries with high debts and deficits".

    NIKI: "Door slams in 'popular' PASOK's face".

    RIZOSPASTIS: "Rewriting of history and operation to consolidate anti-communism".

    TA NEA: "Social security: Pensions will be reduced by 20-30 percent as of 2018".

    TO VIMA: "Hastening of reduction in pensions and increase in retirement ages - Social security system to become even harsher under the spreads' pressure".

    VRADYNI: "Development or into the IMF abyss? According to Fitch ratings firm, in a fortnight we will take recourse in the EU support mechanism ".

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