Athens News Agency: News in English, 10-11-16

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

CONTENTS

[01] PM addresses Socialist International's conf'

[02] Tension reported at site of attempted outdoor Muslim prayers

[03] ASE opening: Decline

[01] PM addresses Socialist International's conf'

Papandreou made special reference to "the Group of 20" and the decisions that must be taken at international level.

"The solutions for the global balances must include issues such as the protection of labour, the handling of unemployment, support for women, combined with the safeguarding of the fundamental rights and the strategies for the decrease of poverty," he said. ana-mpa

Papandreou stressed the necessity for a global reform of systems governing and regulating international capitals, "a reform that must secure the political and economic rights of all the citizens of the world." Otherwise, as he said, "the leaders will have to face the outcry of billions of citizens."

He focused on the problems created by the strengthening of markets in front of the lack of political will on the part of leaders and spoke of the need for "a real economy, a real growth, capable of securing real jobs."

Papandreou pointed out that in a globalised economy there should also be globalised action, as is the aim of the Socialist International.

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[02] Tension reported at site of attempted outdoor Muslim prayers

Riot police arrived on the scene at daybreak, while the outdoor prayer was later interrupted and cancelled.

The square, across from the Attiki electric rail station, is close to the congested inner city neighbourhood of Aghios Panteleimonas, where local residents have angrily railed against the presence of large numbers of illegal immigrants in their area, charging a significant increase in crime and a downgrading of the precinct.

Repeated incidents have also attracted increased local media attention, especially following the presence of ultra-nationalist and neo-fascist elements in the district. The latter development has increased worries that extremist political elements are exploiting local residents' anger over conditions in the district.

A handful of outdoor prayers were reported in other parts of the Greek capital, including in front of the Athens University's 19th century neo-classical administrative building, where the status of "university asylum" exists. (มอม-MPA)

Similar tensions have been recorded over the recent period in several parts of downtown Athens, as the predominately eastern Orthodox Christian country of 11 million on SE Europe's periphery struggles to deal with an increasing flow of illegal migrants -- now mostly hailing from Third World countries in the Mideast, South Asia and even Africa -- attempting to sneak into Greece from neighbouring EU hopeful Turkey.

Tuesday marked the Eid al-Adha commemoration in the Muslim world. (มอม-MPA)

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[03] ASE opening: Decline

Individual sector indices were moving downwards, with the biggest gains in Personal and Household Goods, up 0.90 percent; and Commerce, up 0.83 percent.

The biggest losses were in Health, down 1.31 percent; and Food and Beverages, down 1.23 percent.

The FTSE/ASE 20 index for blue chip and heavily traded stocks was down 0.63 percent, the FTSE/ASE MID 40 index was up 0.21 percent, and the FTSE/ASE-80 small cap index was down 0.69 percent.

Of the stocks traded, 18 were up, 45 were down, and 16 were unchanged.

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