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Athens News Agency: News in English, 10-08-18
CONTENTS
[01] ND calls for measures to stimulate economy
[02] Finansbank share cap increase
[03] New West Nile virus cases
[04] Stocks flat on Wed.
[01] ND calls for measures to stimulate economy
(ANA-MPA) -- A main opposition New Democracy (ND) spokesman on
Wednesday reiterated the party's call for immediate measures to boost
domestic markets, pointing to what he said was a decrease in
tourism-related revenues, foreign direct investments and retailers'
turnover.
"This decease ... shows that the recession will worsen and be
protracted. The hunt for revenue will prove a lost cause if measures
are not taken here and now to stimulate the market," ND deputy and
former minister Panos Panayiotopoulos said.
He also cited the issue of threatened increases in the price flour and
related products, putting the blame on the government.
"Greece cannot have the most expensive flour in Europe and the PASOK
government act like it doesn't understand. Consumers, who are seeing
their incomes shrink day by day and prices on the shelves skyrocket,
must be immediately protected," he added.
[02] Finansbank share cap increase
The board of directors of Turkey-based Finansbank, a National Bank
subsidiary, announced a share capital increase on Wednesday worth
roughly 285 million euros.
[03] New West Nile virus cases
(ANA-MPA) -- Four new instances of West Nile virus were reported on
Tuesday from northern Greece, bringing the total number of cases to 64.
Thirty-one of the infected people are still hospitalised, eight of them
in various ICUs.
[04] Stocks flat on Wed.
Investors' interest at the Athens Stock Exchange again ebbed on
Wednesday following the previous day's rally, with the composite index
of the market down 0.81 percent to end at 1,664.50 points. Turnover was
a low 56.98 million euros.
The Big Cap index lost 1.11 pct, the Mid Cap index ended 0.49 pct
higher and the Small Cap index decreased by 0.69 pct. Petroleum
products (1.16 pct) and Commerce (0.88 pct) scored the biggest
percentage gains of the day, while Telecoms (2.50 pct) and Banks (1.38
pct) recorded the biggest losses.
Broadly, advancers trailed decliners by 63 to 87 with another 56 issues
unchanged.
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