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Friday, 29 November 2024
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Athens News Agency: News in English, 10-05-06Athens News Agency: News in English Directory - Previous Article - Next ArticleFrom: The Athens News Agency at <http://www.ana.gr/>CONTENTS
[01] Parliament OK's bailout schemeGreece's Parliament on Thursday ratified a draft bill formally requesting activation of a eurozone-IMF support mechanism for the country, which is expected to reach 110 billion euros.Following lengthy addresses by Greek Prime Minister George Papandreou and four other political party leaders, 172 deputies -- from ruling PASOK party and the small right-of-centre Popular Orthodox Rally (LA.OS) -- voted in favour of the legislation, whereas three PASOK deputies voted "present" and were expelled from the party's Parliamentary group immediately after the vote. Voting against were 121 MPs -- from main opposition New Democracy (ND) party, the Communist Party (KKE) and the Radical Left Coalition (SYRIZA). [02] Greek bond market closing report(ANA-MPA) -- The Greek electronic secondary bond market remained inactive for one more session on Thursday, reflecting lack of interest in Greek state securities.The Bank of Greece said the return of the 10-year benchmark bond was 8.58 pct, with the yield spread against the German Bund at 572 basis points. In interbank markets, interest rates were largely unchanged. The 12-month Euribor rate was 1.22 pct, the six-month rate 0.95 pct, the three-month rate 0.64 pct and the one-month rate 0.40 pct. [03] Stocks recover on Thurs.Stocks recovered at the Athens Stock Exchange on Thursday, after a three-day sharp decline which pushed the composite index 11.12 pct down. The index rose 0.98 pct to end at 1,678.42 points, with turnover a moderate 190.272 million euros.The FTSE 20 index rose 1.39 pct, the FTSE 40 index ended 0.15 pct higher and the FTSE 80 index rose 0.38 pct. The Oil (5.41 pct) and Utilities (4.78 pct) sectors scored the biggest percentage gains of the day, while Health (4.73 pct) and Food (3.70 pct) suffered losses. Broadly, advancers led decliners by 91 to 72 with another 56 issues unchanged. Viohalco (12.28 pct), Optronics Technologies (10 pct), ATEbank (8.40 pct) and Mihaniki (8.33 pct) were top gainers, while Q&R (20 pct), Voyatzoglou (18.03 pct) and Perseus (15.15 pct) were top losers. Athens News Agency: News in English Directory - Previous Article - Next Article |
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