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Athens News Agency: News in English, 11-01-26

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

From: The Athens News Agency at <>


  • [01] PM addresses PASOK parliamentary group
  • [02] ASE opening: Strong rise 

  • [01] PM addresses PASOK parliamentary group

    Prime minister George Papandreou announced a planned series of initiatives on the function of the justice system, the political party finances and asset declarations of politicians, the electoral law and clamping down on corruption, addressing a meeting of his ruling PASOK party's parliamentary group on Wednesday.

    Regarding the country's debt, Papandreou said that, today, it is manageable.

    He further blasted the "traditional Left", accusing them of "dissolution of the university freedoms" which "will give rise to destructive reflexes for the country", in a reference to the takeover of a downtown Athens University Law School building, currently closed for repairs, by nearly 300 illegal migrants seeking mass legalisation of all migrants, both legal and illegal, in Greece.

    Athens University rector Theodosios Pelegrinis, during a press conference earlier Wednesday, appealed to the premier and the responsible ministers to "safely relocate" the illegal migrants, within the day, from the Law School premises.

    On Tuesday, the interior ministry ruled out all prospect of further large-scale and indiscriminate legalisation of non-legal migrants in Greece, in comments on the take-over of an Athens University law school building by hunger-striking illegal migrants demanding residence permits.

    The ministry stressed that no mass legalisation process for migrants had taken place since the last national elections and there were no plans for one in the future. It said that the government would stick firm to a policy of promoting social integration for legal migrants while dealing decisively with illegal migration.

    More details on the subscriber's page of ANA-MPA | Subscription request form


    [02] ASE opening: Strong rise

    Equity prices were rising at the opening of trade on Wednesday on the Athens Stock Exchange (ASE), with the basic share price index up 2.36 percent, standing at 1,570.12 points at 11:30 am, and turnover at 33.623 million euros.

    Individual sector indices were moving upward nearly across the board, with the only losses in Mass Media, down 3.07 percent.

    The biggest gains were in Travel & Recreation, up 5.14 percent; and Insurrance, up 2.97 percent.

    The FTSE/ASE 20 index for blue chip and heavily traded stocks was up 2.46 percent, the FTSE/ASE MID 40 index was up 1.53 percent, and the FTSE/ASE-80 small cap index was up 1.55 percent.

    Of the stocks traded, 67 were up, 16 were down, and 15 were unchanged.

    More details on the subscriber's page of ANA-MPA | Subscription request form

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