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Wednesday, 4 December 2024
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Athens News Agency: News in English, 11-06-14Athens News Agency: News in English Directory - Previous Article - Next ArticleFrom: The Athens News Agency at <http://www.ana.gr/>CONTENTS
[01] Unions call strike for Wed.(ANA-MPA) -- Trade unions have called a nationwide strike for Wednesday on the occasion of the beginning of debate in Parliament over the closely watched Mid-term Fiscal Strategic Programme, which includes a latest round of austerity measures, tax hikes and a continuned emphasis on reforms in the wider public and private sector.Although labour organisers have called on all affected sectors to participate, the union representing flight controllers on Tuesday called off the sector's mobilisation, while most mass transit systems in the greater Athens area -- which hosts nearly half of Greece's population and the lion's share of the economic output -- will operate normally during working hours. Conversely, unions representing the state-run rail operator will strike, while ferries and ships will reportedly remain anchored in ports as a result of the 24-hour strike decided by the Panhellenic Seamen's Federation (PNO). The union representing bank employees as well as educators' unions also said they will join the strike, although participation in industrial actions is usually very low in the former sector, whereas Wednesday is the last day of school for most of the country's pupils. Lastly, the umbrella group representing journalists in the country, POESY, also declared a 24-hour strike. (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 widened sharply to 14.3 pct in the domestic electronic secondary bond market, from 13.66 pct on Friday, with the Greek bond yielding 17.31 pct and the German Bund 3.03 pct, reflecting market worries over developments in a Greek debt crisis.Turnover in the market was a low 29 million euros of which 23 million euros were sell orders and the remaining six million were buy orders. The five-benchmark bond was the most heavily traded security with a turnover of 9.0 million euros. In interbank markets, interest rates were largely unchanged. The 12-month rate was 2.13 pct, the six-month rate was 1.74 pct, the three-month 1.47 pct and the one-month rate 1.27 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] Stocks end significantly higherStocks ended significantly higher at the Athens Stock Exchange on Tuesday, supported by market optimism over positive developments during an extraordinary Eurogroup meeting to discuss offering additional support to Greece. The composite index of the market rose 1.16 pct to end at 1,266.93 points, with turnover remaining a low 78.346 million euros.The index was down 1.13 pct early in the session hit by a new downgrade of the Greek economy on Monday. The Big Cap index rose 1.29 pct, the Mid Cap index eased 0.78 pct and the Small Cap index ended 0.74 pct lower. ATEbank (4.50 pct), Viohalco (4.45 pct), Coca-Cola 3E (4.10 pct) and MIG (3.28 pct) were top gainers, while Ellaktor (6.44 pct), PPC (1.04 pct) and Mytilineos (1.03 pct) were top losers. The Food (3.93 pct), Insurance (2.0 pct) and Telecoms (1.99 pct) sectors scored the biggest percentage gains of the day, while Technology (2.71 pct), Commerce (1.75 pct) and Utilities (1.43 pct) suffered losses. Broadly, decliners led advancers by 84 to 53 with another 35 issues unchanged. Evrofarma (9.52 pct), Allatini Ceramics (9.09 pct) and Maillis (7.69 pct) were top gainers, while Altec (16.67 pct), Yalco (13.79 pct) and Sato (12.5 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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