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Athens News Agency: News in English, 10-10-07

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

From: The Athens News Agency at <>


  • [01] PM: Alert not over, the effort continues
  • [02] Alexandros Tombazis, artist, writer and eco-architecture pioneer
  • [03] ASE opening: Decline

  • [01] PM: Alert not over, the effort continues

    ANA-MPA/The alert is not over, and the effort for the country's salvation is continuing, prime minister George Papandreou said on Thursday, adding that "2011 will be the critical second half of the game", given that "the painful measures have been taken in the first year".

    Addressing his ruling PASOK party's parliamentary group, Papandreou said that even if Eurostat revises upwards the Greek fiscal deficit and debt, "we will not alter our targets and it will not be necessary to take additional measures".

    The European Commission is slated to finalise the exact level of fiscal deficit and public debt of all EU member states for the period 2006-2009 within the month, according to an announcement Wednesday by a spokesman for EU economic and monetary affairs commissioner Olli Rehn.

    "We have a patriotic duty for the country to move forward. We are doing away with established mentalities. Through painful measures, we are making a huge, collective effort, regardless of any political cost, to change Greece," the premier stressed.

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

    [02] Alexandros Tombazis, artist, writer and eco-architecture pioneer

    It has been said that architecture without Alexandros Tombazis would be like poetry without Yiannis Ritsos, although the vibrant octogenarian architect, artist, writer, photographer and pioneer in low energy and bioclimatic design, with his trademark modesty, brushes this off with a shrug and a simple "that's not so".

    The recipient of more than 110 awards in Greek and international competitions, Tombazis is the designer of many public and private buildings, hospitals, museums, parks, hotels residences and places of worship in Greece and abroad.

    From the ongoing revamping of the Pedion tou Areos Park in downtown Athens to the Museum of Vergina central building, to the recent (Roman Catholic) Church of the Most Holy Trinity in the Shrine of Our Lady of Fatima in Fatima, Portugal, Tombazis' inspired and pioneering design has left its mark on modern European sculpture.

    The fourth largest church in the world, the decoration of the Church of the Most Holy Trinity, is inspired by Byzantine and Orthodox art, indicative of Tombazis' unique talent for combining the old with the new.

    Tombazis is also a prolific writer, artist and photographer, and continues to travel around the world, putting down his impressions in his paintings, sketches and photographs.

    His new book, "Ecological Thought and Architecture", which will circulate in November by Melissa publications, is addressed to the wider public and aims to acquaint the public with bioclimatic architecture, while the renovated Pedion tou Areos Park is also slated to reopen in November complete with 90,000 new plants and trees, two renovated theaters and a new skateboard park.

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

    [03] ASE opening: Decline

    Equity prices were declining at the opening of trade onThursday on the Athens Stock Exchange (ASE), with the basic share price index down 0.77 percent, standing at 1,540.67 points at 11:00 am, and turnover at 18.635 million euros.

    All individual sector indices were moving downwards with the biggest gains in Insurance, up 3.11 percent; and Public Utilities, up 1.80 percent.

    The biggest losses were in Food and Beverages, down 1.45 percent and in Industrial Products, down 0.66 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was down 0.88 percent, the FTSE/ASE MID 40 index was down 0.49 percent, and the FTSE/ASE-80 small cap index was down 0.02 percent.

    Of the stocks traded, 25 were up, 26 were down, and 22 were unchanged.

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

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