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Athens News Agency: News in English, 11-06-06Athens News Agency: News in English Directory - Previous Article - Next ArticleFrom: The Athens News Agency at <http://www.ana.gr/>CONTENTS
[01] DT to buy additional 10% of OTE(ANA-MPA) -- Deutsche Telekom (DT) on Monday announced its decision to proceed with the purchase of an additional 10-pct equity stake in Hellenic Telecommunications Organization (OTE) from the Greek state.The German telecoms group said that under an agreement signed in May 2008, during the purchase of a 30-pct equity stake in OTE, the Greek government informed DT (ANA-MPA) of its decision to exercise an option to sell an additional 10 pct stake in OTE, with negotiations starting immediately. Deutsche Telekom said the exact sum for the purchase will be determined according to the agreement signed in 2008. In particular, the sell price will be based on the average share price of OTE over the last 20 working days on the Athens Stock Exchange, with a premium of 15 pct. Based on the current share price, Deutsche Telekom said the total price of the purchase will be around 400 million euros. (ANA-MPA) © ANA-MPA SA. Intellectual rights and copyright belong to the ANA-MPA S.A. Reproduction of ANA-MPA content by visitors of this website is strictly forbidden. More details on the subscriber's page of ANA-MPA | Subscription request form [02] Greek bond market closing report(ANA-MPA) -- The yield spread between the 10-year Greek and German benchmark bonds shrank further to 12.79 pct in the domestic electronic secondary bond market on Monday, from 12.99 pct last Friday, with the Greek bond yielding 15.82 pct and the German Bund 3.02 pct. Turnover in the market was an improved 28 million euros, of which 22 million were buy orders and the remaining 6.0 million euros were sell orders. The 10-year benchmark bond was the most heavily traded security with a turnover of 11 million euros.In interbank markets, interest rates were largely unchanged. The 12-month rate was 2.14 pct, the six-month rate 1.71 pct, the three-month 1.43 pct and the one-month rate 1.22 pct. (ANA-MPA) © ANA-MPA SA. Intellectual rights and copyright belong to the ANA-MPA S.A. Reproduction of ANA-MPA content by visitors of this website is strictly forbidden. More details on the subscriber's page of ANA-MPA | Subscription request form [03] Greek banks' deposits down 2.4 bln euros in April(ANA-MPA) -- Greek banks continued suffering from a wave of capital outflows in April, with total deposits by Greek enterprises and households falling by 2.4 billion euros in the month to 196.8 billion euros, the Bank of Greece announced on Monday.The central bank, in a monthly report, said Greek banks have lost a total of ... ana-mpa-express © ANA-MPA SA. Intellectual rights and copyright belong to the ANA-MPA S.A. Reproduction of ANA-MPA content by visitors of this website is strictly forbidden. More details on the subscriber's page of ANA-MPA | Subscription request form [04] 3 foreign nationals arrested for providing forged documents to illegals(ANA-MPA) -- Three foreign nationals -- from Syria, Iraq and the Palestinian territories -- were arrested in central Athens' Neos Kosmos district accused of supplying illegal migrants with forged documents for use in a legalisation process, as well as for entering Greece or for easier access to other European countries, authorities said on Monday.A police search in a house used by the 26-year-old Syrian man revealed 101 forged passports from various countries, two Bulgarian ID cards, four Belgian residence permits, a Portuguese citizen card, a Belgian driver's license, a blank German consular certification, nine Greek residence permits, paraphernalia used in forgery schemes and a UV device used to identify forged documents. More details on the subscriber's page of ANA-MPA | Subscription request form [05] Health risk from illegal migrationBRUSSELS (ANA-MPA) -- Addressing an EU health ministers' council in Luxembourg on Monday, Greek Health Minister Andreas Loverdos stressed that the huge influx of mainly African and south Asian migrants into Greece in 2010 posed heightened risks to public health, as well as putting massive strain on the country's overburdened state health services.The council meeting focused on the impact of migration on public health. Loverdos said illegal migration was currently one of the most serious problems faced by Greece, with more than 132,000 illegal migrants entering the country in 2010 and a further 9,000 in the first third of 2011. The minister noted that the majority of these migrants originated from countries in Africa and south Asia with an entirely different epidemiological profile to those of Greeks and other Europeans, bringing with them new but also some "forgotten diseases", such as polio, cholera or malaria. Due to their poor living conditions, meanwhile, they served to increase the incidence of diseases such as tuberculosis or hepatitis. Loverdos underlined that the impact on public health exceeded the means and ability of the Greek health services to cope, while the total cost was prohibitive and came to nearly 140 million euro in 2010. He noted that the assistance received by Greece in this area was more "symbolic" than substantial, with just 10 million euro approved for the first half of 2011. He pointed out that the repercussions were hard to assess and did not concern Greece alone, since epidemics did not recognise borders and any deterioration of conditions in Greece would inevitably affect the rest of Europe. Urging a common European solution to the issue, the Greek minister said this should be comprehensive and permanent, underlining that Greece and other countries of the European south had need of European solidarity in the form of laws or financial instruments, either new or modified to deal with the new challenge. "What we need is a public health 'Frontex' capable of protecting the European population," he said. © ANA-MPA SA. Intellectual rights and copyright belong to the ANA-MPA S.A. Reproduction of ANA-MPA content by visitors of this website is strictly forbidden. More details on the subscriber's page of ANA-MPA | Subscription request form [06] Stocks end slightly lowerStocks ended slightly lower at the Athens Stock Exchange on Monday, with investors sidelined ahead of developments in a mid-term fiscal strategy programme discussed by the government. The composite index of the market fell 0.78 pct to end at 1,323.27 points, with turnover shrinking to 62.980 million euros. The Big Cap index fell 1.01 pct, the Mid Cap index ended 1.27 pct lower and the Small Cap index rose 0.57 pct. ATEbank (10 pct), Viohalco (2.96 pct), Titan (1.95 pct) and Coca-Cola 3E (1.14 pct) were top gainers among blue chip stocks, while MIG (4.29 pct), OTE (3.23 pct), National Bank (2.29 pct) and Eurobank (2.05 pct) were top losers.The Technology (2.37 pct), Food (1.14 pct) and Constructions (1.0 pct) sectors scored gains, while Telecoms (3.23 pct), Financial Services (3.97 pct) and Health (2.31 pct) suffered the heaviest percentage losses of the day. Broadly, advancers led decliners by 77 to 68 with another 45 issues unchanged. ATEbank (10 pct), Allatini Ceramics (10 pct) and Q&R (9.52 pct) were top gainers, while Imperio (25.93 pct), Elfico (17.86 pct) and Altec (16.67 pct) were top losers. © ANA-MPA SA. Intellectual rights and copyright belong to the ANA-MPA S.A. Reproduction of ANA-MPA content by visitors of this website is strictly forbidden. More details on the subscriber's page of ANA-MPA | Subscription request form Athens News Agency: News in English Directory - Previous Article - Next Article |
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