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Athens News Agency: News in English, 10-06-17
CONTENTS
[01] 'Troika' satisfied with econ progress
[02] Stocks end 0.54% down
[01] 'Troika' satisfied with econ progress
(ANA-MPA) -- Greeceās three-year economic adjustment programme is
progressing as scheduled and measures are implemented as agreed,
officials from the "troika" (European Commission, European Central Bank
and International Monetary Fund) stated on Thursday.
Speaking to reporters during a news conference, following completion of
their regular visit to Athens (June 14-17) for briefings on the
implementation of measures, the officials expressed their satisfaction
over progress made in the program despite the fact that the delegation
did not made a detailed inspection of Greek statistics.
The representatives of the Commission, ECB and IMF said developments in
fiscal policy were positive with public revenues moving as anticipated,
while an austere control in spending was observed. Based on initial
liquidity figures, by the end of May the budget deficit was lower
compared with initial forecasts. They also said that pension reform has
made significant progress with (ANA-MPA) agreement reached in several
main parameters, exactly as envisaged in the memorandum. The officials
said Greek authorities were making the necessary provisions to assess
the contribution of pension reform in improving the medium-term
viability of public finances. (ANA-MPA)
[02] Stocks end 0.54% down
Stocks ended moderately lower for another session this week at the
Athens Stock Exchange on Thursday, with turnover shrinking to 73.849
million euros. The composite index of the market ended 0.54 pct down at
1,514.85 points. The FTSE 20 index fell 0.63 pct, the FTSE 40 index
eased 0.27 pct and the FTSE 80 index rose 0.63 pct.
The Personal Products (2.20 pct) and Technology (1.45 pct) sectors
scored gains, while Travel (2.89 pct) and Health (2.40 pct) suffered
the heaviest percentage losses of the day.
Broadly, advancers led decliners by 89 to 71 with another 54 issues
unchanged. Lavipharm (19.61 pct), Akritas (18.33 pct) and Euroholdings
(18.18 pct) were top gainers, while Paperpack (12.5 pct), Lazaridis
(7.69 pct) and Marak Electronics (7.41 pct) were top losers.
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