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Athens News Agency: News in English, 08-12-10

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

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

CONTENTS

  • [01] Papandreou addresses int'l media forum
  • [02] Greek exports up in Oct., imports slide
  • [03] Greek stocks end slightly lower

  • [01] Papandreou addresses int'l media forum

    An appeal for responsibility, self-restraint and an end to the violence that has crippled many cities across Greece was issued by main opposition PASOK leader George Papandreou on Wednesday, during his address at the Global Forum for Media Development (GFMD) underway in Athens since Sunday. Speaking before an audience of 150 foreign media representatives, Papandreou said the country was going through difficult times, in reference to the police shooting death of a 15-year-old that sparked urban riots. Papandreou told delegates that they should convey to their countries the will of the Greek people for democracy, justice, humanity and prosperity and not only the images of death and unacceptable violence. He also stressed that Greece is ready for a developmental model based on the so-called "green economy" as well as the introduction of reforms in governance, adding that "we are ready to guarantee media independence and the separation of powers."

    [02] Greek exports up in Oct., imports slide

    Greek exports increased in October 2008 to 1.639 billion euros from 1.517 billion in the corresponding month of 2007, an 8-percent increase. Exports, on the other hand, reached 4.925 billion euros in the same month, down from 5.105 billion euros in October 2007, a decrease of 3.5 percent.

    According to figures released by the National Statistical Service (NSS) on Wednesday, total exports in the 12-month period between November 2007 and October 2008 increased by 2.6 percent, in comparison with the corresponding period between November 2006 and October 2007.

    In terms of imports, the figures for the same time period showed a 1.9-percent decrease.

    [03] Greek stocks end slightly lower

    Greek stocks ended slightly lower in the Athens Stock Exchange on Wednesday, with the composite index of the market falling 0.76 pct to end at 1,833.04 points. Turnover was a low 161.1 million euros, of which 7.2 million euros were block trades.

    Most sectors moved lower, with Mass Media (2.80 pct), Utilities (2.57 pct) and Constructions (2.26 pct) posting the biggest gains of the day, while Chemicals (4.39 pct), Banks (3.82 pct) and Healthcare (2.87 pct) recording losses.

    The FTSE 20 index fell 1.43 pct, the FTSE 40 index ended 0.55 pct higher and the FTSE 80 index rose 1.09 pct. Broadly, decliners led advancers by 120 to 81 with another 45 issues unchanged.


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