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Tuesday, 26 November 2024
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Athens News Agency: News in English, 11-06-03Athens News Agency: News in English Directory - Previous Article - Next ArticleFrom: The Athens News Agency at <http://www.ana.gr/>CONTENTS
[01] Gov't: Talks with 'troika' successfully ended(ANA-MPA) -- The Greek government has successfully concluded a round of negotiations with EC-ECB-IMF "troika" officials, the finance ministry announced on Friday.In a statement released in the afternoon, the ministry said details of the mid-term plan would be discussed during the coming days, and were subject to Cabinet approval. "Talks between the Greek government and the representatives of the European Commission, the European Central Bank and the International Monetary Fund were concluded today in a positive manner," the statement said, adding that talks covered a review of progress of the Economic Policy Programme so far, a mid-term Fiscal Policy Framework, additional interventions necessary to achieve a fiscal deficit target for 2011, privatisations and state property management and structural reforms. The ministry noted that the Greek government has already announced specific decisions over the last few weeks, which confirmed its "volition to adhere to this course". (ANA-MPA) © ANA-MPA SA. Intellectual rights and copyright belong to the ANA-MPA S.A. Reproduction of ANA-MPA content by visitors of this website is strictly forbidden. More details on the subscriber's page of ANA-MPA | Subscription request form [02] Stocks surge 4.42% on Fri.Stocks recovered spectacularly in the last trading session of a very volatile week in the Athens Stock Exchange, as investors reacted positively to news of a positive conclusion of talks between the Greek government and troika officials and hopes of a new support bailout agreement for the country. Bank stocks were at the focus of attention, with the bank index soaring 8.87 pct amid speculation of new deals in the banking sector.The composite index of the market jumped 4.42 pct to end at 1,333.66 points, for a net gain of 5.43 pct in the week. Turnover was an improved 107.215 million euros. The Big Cap index jumped 5.67 pct, the Mid Cap index ended 2.39 pct higher and the Small Cap index rose 2.63 pct. ATEbank (24.87 pct) was the only blue chip stock to end lower, while Alpha Bank (12.86 pct), Eurobank (11.11 pct), Cyprus Bank (9.57 pct), Marfin Popular Bank (7.94 pct), Piraeus Bank (7.84 pct) and National Bank (7.80 pct) were top gainers. All sectors moved higher with Banks (8.87 pct), Financial Services (7.91 pct) and Health (4.63 pct) scoring the biggest percentage gains of the day. Broadly, advancers led decliners by 100 to 42 with another 47 issues unchanged. Altec (20 pct), Alpha Bank (12.86 pct) and Koumpas (12.5 pct) were top gainers, while ATEbank (24.87 pct), Kyriakoulis (12.77 pct) and PC Systems (9.09 pct) were top losers. © ANA-MPA SA. Intellectual rights and copyright belong to the ANA-MPA S.A. Reproduction of ANA-MPA content by visitors of this website is strictly forbidden. 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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