Titoli di Stato area Euro GRECIA Operativo titoli di stato - Cap. 1

[tommy271]

G20:in corso vertice G7 ministri finanze


Commissario Ue Rehn: si lavori per ribilanciare crescita globale



(ANSA) - GYEONGJU (COREA SUD), 22 OTT - E' in corso a Gyeongju (Corea del Sud) la riunione dei ministri finanziari del G7 che anticipa l'apertura del G20 finanza. L'appuntamento dovra' trattare la questione delle valute oltre che costituire l'occasione di 'uno scambio di vedute' senza una precisa scaletta in agenda, ha spiegato in mattinata il ministro delle Finanze giapponese Yoshihiko Noda. Il commissario agli affari economici dell'Ue Rehn auspica che il G20 lavori 'per ribilanciare la crescita globale'.

 

[tommy271]

Eurostat To Delay Publication Of Greece’s Figures



Eurostat, the European Union statistics agency, has postponed the publication of the revised Greek budget data until mid-November because it needs more time for checks, a Eurostat spokesman said on Thursday, Reuters reports.

΄Greek fiscal data will be published by Eurostat by mid-November 2010,΄ Eurostat spokesman Tim Allen said in an e-mail to the news agency.

The agency was to publish the revised Greek figures on October 22.

(Capital.gr)

 

[tommy271]

Greece Intralot Italian subsidiary enlarges its gaming portfolio


Balkan Business News Correspondent - 22.10.2010


INTRALOT’s subsidiary in Italy, INTRALOT Italia, has enlarged its gaming portfolio with the introduction of new Videolottery operations, identified by the new “Royale” brand, in some of its points of sale.

The first dedicated point of sale to introduce the new VLTs to its customers opened in Via Tripoli in Rome on October 15th and offers players the chance to win up to €500.000 in the next national jackpot, INTRALOT will open its next Royale points of sale after the relevant inspections have been completed. The company that already operates AWPs in the existing retail network now focuses on the development of these dedicated areas, as a result of its cooperation with Cogetech.

The new Royale network, which is directly managed by INTRALOT, will be located in the cities of Rome, Milan, Torino and Brindisi. INTRALOT’s Royale points of sale offer a spacious and comfortable environment and a designated smoking room and will remain open from 10 am until late at night. They will provide players with the complete range of INTRALOT’s games, including Videolottery and additional services. The new gaming platform will allow players to enjoy poker, roulette and many other slot games.

The CEO of INTRALOT Italia, Mr. Enea Ruzzettu, stated: “We are very pleased to introduce the “Royale” points of sale. INTRALOT Italia has an extended experience in retail gaming and therefore we are very optimistic about the development of this new endeavour. We are confident that the “Royale” network will add value to the VLT operations that we already had and will create new synergies with the sports betting network of INTRALOT in Italy.” Source: Intralot

 

[tommy271]

Premier Erdogan Leaves for Greece




Friday, 22 October 2010


Turkish Premier Recep Tayyip Erdogan left for Greece on Thursday evening on a two-day visit.

Erdogan who is accompanied by State Minister Faruk Celik, Foreign Minister Ahmet Davutoglu and Environment Minister Veysel Eroglu, will attend the inaugural meeting of the Mediterranean Climate Change Initiative.

During his stay in Athens, Erdogan will have a tete-a-tete meeting with Greek Prime Minister George Papandreou. The two leaders are expected to discuss bilateral relations and other international issues, as well as the momentum achieved in Turkish-Greek relations following Erdogan's earlier visit to Greece in May 2010.



(Turkish Weekly)

 

[tommy271]

ND leader: New measures are coming




ANA-MPa/Main opposition New Democracy (ND) party leader Antonis Samaras,speaking in the city of Volos, central Greece, on Thursday in the framework of a three-day tour he began in Thessaly, said that "we imposed the real dilemma of these elections: the contrast between the policy of (ruling) PASOK, the policy of deadlocks and of desperation on the one hand, and the prospect of recovery and growth, the prospect of hope that we are offering on the other."
"On the night of the elections, the government must feel 'scalded'. Not pleased. Not even relieved. Send them your message. Clear and frank. Hit the target," Samaras further said, adding that "there is a different prospect. Their is a breakthrough, with the plan of New Democracy."
The ND leader said that the PASOK party's policy "has gone bankrupt and has lost the support of the people and for this reason it is doing three things: deceit, concealment, intimidation."
Samaras also claimed that new measures "are coming that will be implemented as of the day after the elections and which the government has already signed since May", enumerating, among other things, an increase in heating prices, a new VAT increase, a new increase in Public Power Corporation (DEH) rates and in objective values.


(ana.gr)

 

[tommy271]

Athens open to Gruevski-Papandreou meeting, foreign ministry says


ANA-MPa/The Greek side is ready for a meeting between Prime Minister George Papandreou and Former Yugoslav Republic of Macedonia (FYROM) premier Nikola Gruevski, foreign ministry spokesman Grigoris Delavekouras indicated on Thursday.
"Our position is that it is good for the prime ministers of Greece and FYROM to meet at every opportunity. This is why we were disappointed when we saw that Nikola Gruevski did not come finally to New York. We hoped that it would be an opportunity for the two leaders to have another meeting, for a better climate in order to reach a solution via cooperation with the UN," Delavekouras said.
The spokesman was replying to questions about Gruevski's recent statement that he desired to meet Papandreou before the NATO summit.


(ana.gr)

 

[tommy271]

Workers at "Kathimerini" newspaper struggle against closure

Journalists and workers at the "Kathimerini" struggle to save the famous Greek newspaper from bankrupcy and closure. The workers said that a 58 year old historical newspaper shouldn't be allowed to close in one day.

Athens, Greece. 21/10/2010



Journalists and other people working in the "Kathimerini" struggle to save the famous Greek newpaper from bankrupcy and closing. The workers said that a 58 years historical newspaper (its birthday was yesterday) can't close in a day.
They blame the newspaper owner Kostas Saradopoulos as the only one responsible for the paper's problem and for the fact that the workers are not paid for over 4 months. They had taken over the offices of the paper and went on a 48 hour strike wanting their money and to keep their jobs. They are determined to keep struggling and want the solidarity of the Greek society.
Representatives from the Eleftheros Typos a follow newspaper who had problems many months ago said that they will help their colleagues as they had the same problems and know the difficulties. Together they said they will struggle till they win.
Tomorrow the "Kathimerini" workers will gather at the offices of the newspaper at 12pm and march towards the newspaper worker union (ESIEA) wanting their support.


(demotix.com)


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Se chiude sono rovinato ... .

 

[tommy271]

PM seeks to lift economic gloom

Papandreou to hold televised news conference on Monday in bid to boost PASOK ahead of local polls


In a relatively rare move, Prime Minister George Papandreou is to take part in a live televised news conference on Monday in what is being seen as a bid to address voters’ fears about the state of the economy ahead of the November 7 local elections.
Sources said yesterday that Papandreou’s main aim will be to assure pensioners and civil servants that their earnings are not going to be raided again this year, even if Greece’s 2009 deficit is revised upward even further. It is expected that the European Commission will confirm on November 15 that the deficit for last year was over 15 percent of gross domestic product.


European Economic and Financial Affairs Commissioner Olli Rehn has suggested that this could lead to Greece having to take more austerity measures this year but the government has flatly denied this.
Concerned that PASOK will face a growing backlash against the austerity measures at the ballot box next month, Papandreou sought to announce initiatives to give money back to some Greeks yesterday, rather than inform them of other ways in which their income would be whittled away.
In what is likely to be a foretaste of the kind of approach that he will take on Monday, when he will be keen to emphasize schemes to help low-income earners, Papandreou said yesterday that 500,000 pensioners with low earnings would receive a one-off bonus payment of 200 euros each by the end of the year. He also said that the government would arrange for unemployed Greeks to receive free medical treatment and medicines.


PASOK is hoping that these types of schemes will help lift the public’s mood, which would only have been dented further yesterday by news that the European Union is moving closer to adopting tough measures for member states that fail to keep to deficit and debt limits. Under the proposals, which are to be given the green light at a summit of leaders in Brussels on October 28-29, countries whose debt is more than 60 percent of GDP will have to reduce it by 5 percent each year until it falls below the limit. Greece is forecast to have a debt of 144 percent of GDP in 2014, when the terms of its emergency loan agreement with the EU and the International Monetary Fund expires.


(Kathimerini.gr)

 

[tommy271]

Merger plan flies into turbulence

EU concerned about Aegean Airlines, Olympic Air proposal; local officials look for ways to boost sector

By Stelios Bouras - Kathimerini English Edition


Clouds gathered over the proposed merger of Greece’s two main airlines as representatives from the sector gathered in Athens in a bid to boost the troubled tourism industry.
The European Union’s antitrust chief said that Aegean Airlines and rival Olympic Air will have trouble meeting competition rules with their planned merger due to their dominance of the local market.
“The big difficulty here is that the two companies hold almost all the domestic market in Greece,” EU Competition Commissioner Joaquin Almunia said in Brussels.


The Vassilakis group and Marfin Investment Group (MIG), the main shareholders of Aegean and Olympic respectively, announced plans to merge the airlines in February. Each is to hold an equal stake in the newly formed venture, which will be listed on the Athens bourse. A final decision from the EU on the merger is expected by mid-January. Shares in Aegean Airlines added 1.63 percent to 2.50 euros yesterday, reversing earlier losses, while MIG ended flat at 0.83 euros. The broader market eased 0.19 percent.


The news came as Deputy Culture and Tourism Minister Giorgos Nikitiadis met with representatives from low-cost airlines and hotels as well as government officials from regional parts of Greece to figure out ways to boost tourist numbers and extend the length of the season. Tourism, which accounts for about 18 percent of the economy, is going through one of its worst seasons in decades, with income in the sector for the first eight months of the year falling 7.2 percent to 7.05 billion euros.


Stefanos Vakirtzis, regional operations manager of EasyJet, who took part in the meeting, pointed to the poor quality of airports, with the exception of Athens International Airport, as being among the challenges faced by airlines operating in Greece. “They are often old, with poor infrastructure, and have low staff levels,” he told Kathimerini English Edition. “This creates operational issues for us and problems for our customers.”


EasyJet, which entered Greece in 1998, expects passenger traffic to grow 11 percent year-on-year to just over 1.5 million people in 2011, versus 24 percent in 2010. It plans to boost the frequency of flights on its existing Greece network, which includes Athens, Thessaloniki, Myconos and Santorini, he added.


(Kathimerini.gr)


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Corporate.

 

[tommy271]

Syrian deal boosts Metka orders


Power plant builder Metka said yesterday it has signed a 678-million-euro deal to build an energy unit in Syria in news that helped to send the stock nearly 4 percent higher on the Athens bourse.
Metka, 53 percent-owned by Mytilineos Holdings, signed a deal for the construction of a 724-megawatt thermal power plant in the Deir Azzour region, in northeast Syria, along with Italy’s Ansaldo Energia, a manufacturer of thermoelectric power plants.


“Following the assignment of two EPC [engineering, procurement, construction] projects worth 1 billion euros in Turkey and two projects in Syria with a total budget of 1.3 billion euros, Metka has established its leading role in the wider Middle East region,” it said in a statement.
The deal pushes Metka’s order book to 2.4 billion euros, with 90 percent coming from abroad.
Up against competitors such as France’s Alstom and Germany’s MAN, Metka has been increasing its profile in international projects, moving away from its key Greek customer, power company PPC.


Shares in Metka trimmed midsession gains of more than 4 percent to end up 3.82 percent at 8.69 euros, pushing its market value to 451.4 million euros. The broader market dipped 0.19 percent.
The deal pleased investors, providing answers as to where Metka will get its business in the coming years at a time when the Greek economy keeps shrinking, according to brokers. “[The deal] increases visibility regarding revenues and earnings for the next three to five years,” John Arapoglou, senior analyst at Piraeus Securities, told Kathimerini English Edition
Metka, which often teams up with suppliers in order to clinch deals, will have a 76.5 percent stake in the Syria project with the rest going to Ansaldo Energia.


(Kathimerini.gr)


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Corporate.