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Thursday, 13 October 2022

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Athens News Agency: News in English, 09-05-

21

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

[01] PM emphasises job-creation programmes

[02] Con'f on Cappadocia in Thessaloniki

[03] 3 Greek banks agree new credit line to Maillis Group

[04] Attica Bank reports 2.9-mln-euro loss in Q1

[05] Italian MPs briefed on migration

[06] Stocks end 2.55 pct lower

[01] PM emphasises job-creation programmes

Preserving jobs and containing unemployment is the top priority in

government plans aimed at dealing with the ongoing economic crisis,

Prime Minister Costas Karamanlis emphasised during his tour on

Thursday of a Manpower Employment Organisation (OAED) office in the

Alimos district of southern coastal Athens.

"The 3.2-billion-euro national plan drawn up and already implemented for

this purpose concerns 1.35 million working people and the unemployed,"

he stated, pointing out that "OAED is one of the main levers for its

implementation and will finance, with 1.6 billion euros, actions directed to

wage-earners, the unemployed, small and medium sized firms and the selfemployed."

"The first 120,000 jobs of the 200,000 to be created this year are already

available. More than 10 employment and self-employment programmes

are in progress," the prime minister stated.

"Today, we create the conditions that will allow us to meet the challenges

that will emerge after the crisis," he said, pointing out that "we invest in

vocational training and retraining with an emphasis on professions that

will definitely be in demand in the near future. We currently finance

modern education programmes that will ensure a better future for the

young. Such an advanced technology programme with three-dimensional

simulation systems is being currently taught by OAED."

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"Investing in knowledge, new technology and new generation is the best

response to the challenges of the international conjuncture. Some have

chosen to invest in empty words and irresponsible promises. The

government has chosen the road of responsibility. We invest in the truth of

our work, a work that produces tangible results and lays the foundations

for a better future for all," the prime minister stressed.

[02] Con'f on Cappadocia in Thessaloniki

A one-day conference entitled "Memories of Cappadocia - Folklore,

Culture, Tradition", will take place in Thessaloniki Sunday, focusing on

the centuries-old traditions and culture of ethnic Greeks in the Cappadocia

region of Asia Minor, modern-day southeast Turkey.

The conference will examine the struggle of ethnic Greeks in the region to

preserve their language, local traditions and the history of the village of

Sinasos (today's Mustafapasa) known in the 19th century as "the beacon of

Cappadocia".

[03] 3 Greek banks agree new credit line to Maillis Group

Maillis Group on Thursday said three Greek banks, EFG Eurobank, Alpha

Bank and National Bank, agreed to offer a new secured credit line to

finance the group's capital needs.

In a statement, Maillis said the new credit line was agreed on the

precondition that all other creditors would extend the duration of their

loans, no interest or capital payment would be made during this period and

that Maillis' board would commit to submitting a plan for a capital

restructuring of the group.

Ioannis Kourouglos, Maillis Group's chief executive, said the company

was very satisfied and fully appreciated the efforts by the three banks to

support the group and noted that Maillis has already hired Ernst & Young

to support efforts for a new business plan.

[04] Attica Bank reports 2.9-mln-euro loss in Q1

Attica Bank Group on Thursday said its first quarter results showed a 2.9-

million euros after-tax loss, while cautioning that it expected the return to

profitability this year. Assets totaled 4.582 billion euros in the JanuaryMarch period, slightly up compared with the previous quarter, while

saving deposits grew 21.2 pct to 2.484 billion euros and lending (preprovision) fell 2.8 pct to 3.418 billion euros, reflecting stricter credit

conditions in the market.

Credit risk provisions totaled 8.5 million euros, up 13.2 pct, compared

with the same period last year, while accumulated provisions totaled

140.31 million euros. Attica Bank said equity capital totaled 313.7 million

euros at the end of March.

[05] Italian MPs briefed on migration

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Greek Deputy Foreign Minister Yiannis Valinakis on Thursday briefed

members of a visiting Italian parliamentary delegation on Greece's

initiatives vis-a-vis the increasingly worrisome problem of illegal

immigration, particularly from the east.

According to Valinakis, the "Quattro Group" -- Cyprus, Greece, Italy and

Malta -- is now cooperating jointly to deal with the problem of illegal

immigration, given that phenomenon drastically affects all four

Mediterranean EU countries.

The Italian delegation, whose members serve on the Schengen Pact,

Europol and immigration committee of the Italian Chamber of Deputies, is

headed by veteran Italian lawmaker and politician Margherita Boniver.

Valinakis stressed to the Italian lawmakers that Athens wants specific

measures to be taken, such as a strengthening of the Frontex agency in

order to better guard the Union's external frontiers; a fairer distribution of

the financial burden of dealing with illegal migrants, as well as the

implementation of previous re-admission protocols with third countries --

a direct reference to EU candidate-state Turkey and the foot-dragging of

the neighbouring country to meet commitments emanating from a

landmark November 2001 agreement signed by Athens and Ankara.

Valinakis emphasised the point, saying that Turkey is simply not

implementing the protocol, while stressing that the fundamental principle

for Greece is solidarity by its EU partners to deal with the burden.

Additionally, he briefed the Italian delegation's members on a new

programme, code-named "Poseidon", to better guard Greek and EU

territorial waters from Turkey-based migrant smuggling rings, as well as

Athens' initiatives within the framework of the year-long Greek OSCE

presidency.

Caption: Greek Deputy FM Yiannis Valinakis (L) greets Italian lawmaker

Margherita Boniver at the foreign ministry on Thursday, 21 May, 2009.

ANA-MPA / M. MAROGIANNI

[06] Stocks end 2.55 pct lower

Greek stocks ended significantly lower in the Athens Stock Exchange on

Thursday as investors took profits following a trend prevailing in other

European markets. The composite index ended 2.55 pct lower at 2,251

points, with turnover easing to 229.4 million euros, of which 2.1 million

were block trades.

Most sectors moved down, with the Banks (4.45 pct), Financial Services

(3.90 pct), Health (3.85 pct) and Food/Beverage (3.48 pct) suffering the

heaviest percentage losses of the day, while Travel (2.69 pct), Chemicals

(2.12 pct) and Insurance (1.36 pct) scored gains.

The FTSE 20 index fell 2.95 pct, the FTSE 40 index ended 1.64 pct lower

and the FTSE 80 index dropped 1.87 pct. Broadly, decliners led advancers

by 117 to 111 with another 45 issues unchanged.

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