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Athens News Agency: News in English, 09-10-09
CONTENTS
[01] Deficit flirting 12% mark
[02] Stocks move up 0.53 pct
[01] Deficit flirting 12% mark
Greece's public deficit reached 10 percent of GDP in the nine-month
period between January and September 2009 and looked set to rise to 12
percent of GDP by the end of the current year, Bank of Greece governor
George Provopoulos said on Friday.
He made the statement after emerging from a lengthy meeting with
Finance Minister George Papaconstantinou, also attended by Deputy
Finance Minister Filippos Sahinidis and the general director of the
Public Debt Management Agency Spyros Papanikolaou.
Caption: ANA-MPA file photograph of Bank of Greece governor George
Provopoulos
[02] Stocks move up 0.53 pct
Greek stocks continued their upward trend in the Athens Stock Exchange
on Friday, with the composite index of the market rising by 0.53 pct to
end at 2,753.24 points. Turnover was 228.3 million euros, of which 7.9
million euros were block trades.
Most sectors moved upwards, with the Insurance (4.17 pct),
Telecommunications (2.42 pct) and Construction (2.35 pct) scoring the
biggest percentage gains of the day, while Chemicals (1.44 pct),
Utilities (0.27 pct) and Media (0.12 pct) suffered losses.
The FTSE 20 index moved up 0.51 pct, the FTSE 40 index rose 0.91 pct
and the FTSE 80 index ended 1.04 pct higher. Broadly, advancers led
decliners by 108 to 98 with another 52 issues unchanged.
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