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Businesses and media welcome the new Greek Prime Minister with enthusiasm

10 November 2011 / 20:11:45  GRReporter
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"Today, a period of political uncertainty is over ", he said adding that the new government is obliged to listen to the proposals of the businesses and the market to allow all decisions to be taken to combine measures for development and fiscal health.

"As a first step, we expect to see a new unified tax system, lowering tax rates, and an accurate budget leading to development," he said.

Global markets

With regard to global markets, they responded with an increase in indices to the positive news from Athens for the long-awaited agreement on the figure of the Prime Minister.

At 4:51 pm, the main index of the Athens Stock Exchange reached 761.95 points, falling by 0.68%. The value of transactions amounted to € 59.77 million.

The euro - dollar exchange rate rached 1.36240 dollars and the spread index of ten-year Greek government bonds rose to 3,101.1 basis points.

International stock exchanges

In London, the FTSE 100 stock index rose by 0.38%

In Frankfurt, the DAX 30 index rose by 1.31%

In Paris, the CAC 40 index noted an increase of 0.63%

In Milan, the MIB index rose by 2.42%

In Tokyo, the NIKKEI 225 closed at 8500.80 points, falling by 2.91%

New York

Wall Street's Dow Jones rose by 1.08% and NASDAQ by 0.69%

 

Tags: ResponsesMediaLucas PapademosPrime MinisterAthens Chamber of Commerce and Industry
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