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Athens News Agency: News in English, 10-03-03
CONTENTS
[01] Gov't details spending cuts, tax hikes
[02] Stocks end slightly lower
[01] Gov't details spending cuts, tax hikes
(ANA-MPA) -- The Greek government on Wednesday detailed a package of
urgent measures aimed at boosting budget revenues by 4.8 billion euros
or 2.0 pct of the country�s Gross Domestic Product. In presenting the
measures, government spokesman George Petalotis said the government
also tabled a draft bill in Parliament via the urgent procedure.
(MORE)
[02] Stocks end slightly lower
Stocks ended slightly lower at the Athens Stock Exchange on Wednesday,
ending a skyrocketing two-day advance in the market, although the
composite index remained above the 2,000 level. The index fell 0.36 pct
to end at 2,014.55 points, with turnover at 190.600 million euros.
The FTSE 20 index dropped 0.96 pct, the FTSE 40 index ended 0.21 pct
higher and the FTSE 80 index eased 0.18 pct. The Food (2.89 pct) and
Personal Products (2.14 pct) scored the biggest percentage gains of the
day, while Health (2.08 pct) and Media (1.76 pct) suffered losses.
Allatini Ceramics (14.71 pct), Technical Publications (10.81 pct),
Fashion Box (9.92 pct) and Kekrops (9.12 pct) were top gainers, while
Neorio (13.41 pct), Koumbas (10 pct) and Vasilopoulos (9.79 pct) were
top losers. Broadly, decliners led advancers by 101 to 77 with another
53 issues unchanged.
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