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Athens News Agency: News in English, 10-09-21

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

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

CONTENTS

  • [01] Govât: 'Ìemorandum extension out of the question'
  • [02] T-billl issue raises 390mln
  • [03] Stocks end up on Tuesday

  • [01] Govât: 'Ìemorandum extension out of the question'

    (ÁÍÁ-ÌPA) -- "Extension of the memorandum after 2013 is out of the question. We have specific targets that we observe strictly. No new memorandum is on the way," government spokesman Giorgos Petalotis stressed on Tuesday in response to repeated press questions.

    He also underlining that "our goal is to be in the international (borrowing) markets as soon as possible, even before the memorandum ends."

    He pointed out that Tuesday's T-bill auction went "extremely well", yielding 3.98 pct and was 6.25 times oversubscribed -- compared to 3.85 pct in the previous auction. He also stressed that it was worth noting that 72 pct of the investors were foreign, "which means that our country's credibility is regained step-by-step."

    Responding to a question on whether there is a change in the government policy, Petalotis stated that the government meets all the goals it has set to get the country out of the crisis.

    On the occasion of a relevant reference made by PM George Papandreou at the New York Stock Exchange, Petalotis said "we are determined to utilise the state-owned real estate ... past dysfunctions will cease."

    On the liberalisation of the road freight market, Petalotis underlined that the government is determined to have the relevant legislation passed because it guarantees social justice. He also said the government engaged in exhaustive dialogue with truck owners, adding that despite their protests, traffic and market supplies are adequate.

    More details on the subscriber's page of APE-MPE | Subscription request form

    [02] T-billl issue raises 390mln

    (ÁÍÁ-ÌPA) -- Greece on Tuesday successfully auctioned a three-month Treasury bills issue, raising 390 million euros from the market.

    The issue, yielding 3.98 pct, was 6.25 times oversubscribed with bids submitted totaling 1.874 billion euros. (ÁÍÁ-ÌPA)

    The Public Debt Management Organisation, in an announcement, said the auction was made through the marketâs primary dealers with a settlement date set for Friday, Sept. 24, 2010. The organisation accepted bids totaling 300 million euros with an additional 90 million euros from non-competitive bids. The issue did not include any commission. (ÁÍÁ-ÌPA)

    More details on the subscriber's page of APE-MPE | Subscription request form

    [03] Stocks end up on Tuesday

    Greek stocks ended higher on Tuesday, recovering after a seven-day decline in the Athens Stock Exchange, helped by renewed buying interest for National Bankâs shares âwhich was traded at a new readjusted price of 7.51 pct (it ended at 8.0 euros, with a gain of 6.52 pct).

    Turnover was an improved 122.860 million euros. The Big Cap index rose 1.65 pct, the Mid Cap index rose 0.64 pct and the Small Cap index fell 0.08 pct. The Media (8.16 pct), Health (5.26 pct) and Banks (3.18 pct) were top gainers, while Commerce (4.69 pct) and Chemicals (2.12 pct) suffered losses.

    Broadly, advancers led decliners by 86 to 82 with another 49 issues unchanged. Lambrakis Press (12.64 pct), Hellenic Fish Farms (11.11 pct) and Trastor (10 pct) were top gainers, while Tzirakian (10.64 pc), FG Europe (9.09 pct) and Teletypos (8.64 pct) were top losers.

    More details on the subscriber's page of APE-MPE | Subscription request form


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