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Athens News Agency: News in English, 09-09-22

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

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

CONTENTS

  • [01] EU budget allocates 6.1 bln euros to Greece in 2008
  • [02] Stocks end 1.47 pct higher

  • [01] EU budget allocates 6.1 bln euros to Greece in 2008

    BRUSSELS (���-MPA) -- Greece and Poland appear as the European Union member-states with the greatest benefits in terms of EU budget outlays in 2008, the European Commission reported here on Tuesday.

    Specifically, in 2008 Greece received 6.187 bln euros from the EU budget, a figure equalling 2.65 percent of GDP, while Poland received 4.3 bln euros, or 1.4 percent of GDP.

    [02] Stocks end 1.47 pct higher

    Greek stocks recovered in the Athens Stock Exchange on Tuesday, after a three-day correction, with the composite index rising 1.47 pct to end at 2,565.05 points. Turnover was an improved 226.2 million euros, of which 16.9 million euros were block trades.

    Most sectors moved upwards, with the Constructions (3.26 pct), Banks (3.04 pct) and Financial Services (2.76 pct) scoring the biggest percentage gains of the day, while Telecommunications (2.71 pct), Utilities (1.28 pct) and Travel (1.18 pct) suffered losses.

    The FTSE 20 index rose 1.95 pct, the FTSE 40 index ended 1.40 pct higher and the FTSE 80 index rose 0.47 pct. Broadly, advancers led decliners by 137 to 72 with another 52 issues unchanged.


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