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Athens Macedonian News Agency: News in English, 12-06-26

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

From: The Athens News Agency at <>


  • [01] FM meets Turkish counterpart in Istanbul
  • [02] Stocks rise on Tues. following sharp drop
  • [03] Deputy shipping minister Vernicos resigns

  • [01] FM meets Turkish counterpart in Istanbul

    AMNA / Greek Foreign Minister Dimitris Avramopoulos met on Tuesday with his Turkish counterpart Ahmet Davutoglu in Istanbul, on the sidelines of the Organisation of Black Sea Economic Cooperation (BSEC) congress.

    It was agreed at the meeting of the two officials that Davutoglu will visit Athens in September in order to prepare the interministerial meeting that will be held later in Ankara.

    After the one-hour meeting, Avramopoulos said that they had a friendly discussion. "We discussed several issues without going into details but reaffirmed our common will to proceed as soon as possible with the further enhancement of the relations of good neighborhood, understanding and cooperation", said Avramopoulos and noted that "everything is indicating that in September we will have our first official meeting in Athens".

    Greece's top diplomat noted the both sides seek the creation of a climate of stability, security and cooperation in the region, and asked by reporters if the incident of the downing of a Turkish aircraft by the Syrian military was discussed, Avramopoulos replied that "we did not have an agenda, it was a friendly meeting, and we did not discuss such matters".

    Besides, he added, the EU position on the issue that has arisen with Syria "is crystal clear".amna

    [02] Stocks rise on Tues. following sharp drop

    AMNA / Stocks regained some lost ground on the Athens bourse on Tuesday following large scale losses the previous day but failed to break through the 600-point barrier in a session marked by nervous, edgy trade. The mood was boosted following the announcement that Yiannis Stournaras would take over as Greece's new finance minister.

    The composite index of the market rose 1.59 pct to end at 575.83 points, fluctuating 21 points during the session between 556.57 points to a maximum of 577.18 points. Turnover was relatively low at 46.038 million

    The Big Cap index gained 1.62 pct, the Mid Cap index ended 2.26 pct higher and the sector indices with the highest gains were Raw Materials (4.83 pct), Public Utilities (4.83 pct) and Construction (3.61 pct). The greatest losses were in Travel (-0.42 pct), Commerce (-0.43 pct) and Foods (-0.05 pct).

    The highest gains among blue chip stocks were for Alpha Bank (10.78 pct), PPC (7.36 pct), and Eurobank ( 7.07 pct). The greatest losses among blue chips were for Cyprus Popular Bank (-7.41 pct), Cyprus Bank (-2.68 pct), and NBG (-2.36 pct).

    Broadly, advancers led decliners by 70 to 55 with another 20 issues unchanged.amna

    [03] Deputy shipping minister Vernicos resigns

    AMNA / Deputy Shipping & Aegean Minister George Vernicos on Tuesday offered his resignation to Prime Minister Antonis Samaras following earlier media reports and a statement issued by Radical Left Coalition (SYRIZA) alleging his participation in an offshore company. Such an event would be incompatible with his duties as a minister based on legislation passed in 2010. His resignation was accepted and, according to the government, there will be no replacement for the post.

    The main opposition SYRIZA party on Tuesday demanded explanations from the government and the Deputy Shipping & Aegean Minister George Vernicos concerning his role in offshore companies, citing incompatibility with his political office in the event that he does. amna

    SYRIZA underlined that Vernicos' struggle against the Greek junta and in defence of democracy are deeply appreciated, while adding, however, that Law No. 3849/2010 article 6 clearly forbids the participation of government ministers and political figures in general, in offshore companies, providing for heavy sentences and fines in case of violations.

    SYRIZA underlined that ministerial decision No. 3122.1/4566/24886 has approved the opening of an office or a branch of the Marshall Islands-based Vernicos Offshore Group S.A. in Greece and stressed that in case the deputy minister has any relation with the company, direct or indirect, it would be an obstacle to his becoming a government minister.

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