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Tuesday, 26 November 2024
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Athens News Agency: News in English, 11-03-14Athens News Agency: News in English Directory - Previous Article - Next ArticleFrom: The Athens News Agency at <http://www.ana.gr/>CONTENTS
[01] Three bodies, possibly of missing Bangladeshis, found in Souda Bay(ANA-MPA) -- Three dead bodies, believed to be those of Bangladeshi nationals missing since March 5 after they jumped off the ship "Ionian King" into the sea, were discovered in Souda Bay, Crete on Monday.The first body was sighted at 13:45 by Greek naval forces, while the other two were located shortly afterward. All three bodies are in a state of advanced decay, according to reports. (ANA-MPA) The "Ionian King" was carrying a shipload of Bangladeshis that had been evacuated from strife-torn Libya to Crete, where they faced extradition back to their own country. As the ship approached the harbour, 49 people on board the ship jumped into the frigid waters in a desperate attempt to avoid repatriation. Three were recovered dead at the time and another 11 were missing. (ANA-MPA) More details on the subscriber's page of ANA-MPA | Subscription request form [02] Bond spreads slide(ANA-MPA) -- Greek bond spreads and CDS prices fell significantly on Monday as the market reacted positively to the results of an EU Summit last Friday offering Greece an extension in repayment of a 110-billion-euro loan and lowering its interest by one percentage point. The market also welcomed a decision by EU leaders to raise the funds of a European Financial Stability Fund along with offering the ability to purchase state bonds in the primary market.Greece�s credit default swaps fell by 60 basis points to 985 bps, with all other regional Eurozone states� swaps falling with the exception of Ireland. (ANA-MPA) The yield spread between the 10-year Greek and German benchmark bonds eased below 940 basis points, from 965 bps early in the day. Dimitris Drakopoulos, an economist at Nomura International in London, told Bloomberg that a decision allowing the EFSF to buy state bonds in the primary market could facilitate Greece to return to capital markets in the first quarter of 2012. (ANA-MPA) Caption: ANA-MPA / EPA file photo. More details on the subscriber's page of ANA-MPA | Subscription request form [03] Athens condemns Mideast killings(ANA-MPA) -- Greece on Monday condemned the killing of a five-member Israeli family, including three children, in the West Bank, and called for resumption of the peace process and abstention from unilateral actions that undermine the process."We unreservedly condemn the murder of a five-member family of Israelis with their three children and express our deepest condolences and support to their loved ones. The murder of children in their sleep is an unholy and barbarous act that the human mind cannot conceive," foreign minister spokesman Grigoris Delavekouras said in a statement. (ANA-MPA) "The murderers must be led to justice immediately," he added. (ANA-MPA) More details on the subscriber's page of ANA-MPA | Subscription request form [04] Stocks jump 5.15% on Mon.Stocks surged on Monday as buyers took the upper hand in the Athens Stock Exchange, encouraged by a decision reached in an EU Summit last week offering lower interest and more time for Greece to repay its 110-billion-euros loan. Market sentiment was also boosted by expectations of a speeding up of privatizations and renewed scenarios over bank mergers. Buying activity focused on bank shares. The composite index of the market jumped 5.15 pct to end at 1,662.38 points, surpassing the 1,600 level after 11 sessions, while turnover soared to 239.867 million euros. The Big Cap index jumped 6.24 pct, the Mid Cap index ended 3.49 pct and the Small Cap index rose 5.22 pct.Hellenic Postbank (11.73 pct), National Bank (10.12 pct), MIG (10 pct), Eurobank (9.83 pct) and ATEbank (7.69 pct) were top gainers among blue chip stocks. The Banks (8.71 pct), Financial Services (8.55 pct) and Raw Materials (5.85 pct) sectors scored the biggest percentage gains of the day, while only the Insurance sector ended lower (1.59 pct). Broadly, advancers overwhelmingly led decliners by 156 to 24 with another 39 issues unchanged. Sanyo Hellas (18.18 pct), Intrakat (14.42 pct), Livanis (13.43 pct) were top gainers, while Allatini Ceramics (16.22 pct), Attikat (14.29 pct) and Tegopoulos (12.9 pct) were top losers. More details on the subscriber's page of ANA-MPA | Subscription request form Athens News Agency: News in English Directory - Previous Article - Next Article |
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