Athens News Agency: News in English, 01-07-31

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

CONTENTS

[01] Foreign Exchange Rates: Wednesday

[02] President, CEO of TVX Hellas resigns

[03] Weather Forecast: Scattered cloud on Wednesday

[04] Athens Bourse Close: Stocks rise in wake of slump

[05] Interior minister reports on immigrant registration process

[01] Foreign Exchange Rates: Wednesday

Indicative buying rates

U.S. dollar 386.075

German mark 172.829

French franc 051.531

Pound sterling 550.262

Irish punt 429.202

Belgian franc 008.379

Luxembourg franc 008.379

Dutch guilder 153.389

Italian lira (100) 017.457

Austrian schilling 024.565

Danish kroner 45.387

Swedish kroner 36.430

Finnish mark 056.852

Spanish peseta 002.032

Portuguese escudo 001.686

Japanese yen (100) 309.266

Swiss franc 223.824

Norwegian kroner 042.332

Cyprus pound 589.003

Canadian dollar 252.463

Australian dollar 195.597

[02] President, CEO of TVX Hellas resigns

The president and chief executive officer of TVX Hellas SA, Yiannis Drapaniotis, has resigned, the parent company said in a statement on Tuesday.

TVX Gold, a quoted mining company in Canada that owns TVX Hellas, gave no reason for the resignation a day earlier.

Appointed in Drapaniotis' place was John Raisbeck, until now the Greek firm's general director, the statement said.

[03] Weather Forecast: Scattered cloud on Wednesday

Scattered cloud is forecast throughout the country on Wednesday, turning to showers or isolated storms in the east and south. Winds northerly, moderate to very strong, turning gale force in the Aegean. In the north, temperatures will range from 19C to 30C; in the west from 21C to 34C; and in the rest of the country from 23C to 32C. Scattered cloud in Athens with temperatures between 25C and 32C. Same in Thessaloniki, with temperatures from 23C to 30C.

[04] Athens Bourse Close: Stocks rise in wake of slump

The Athens bourse rose sharply on Tuesday recouping losses from the previous session in the wake of five straight rising sessions last week that had driven up the market by 8.86 percent.

The general share index gained 1.99 percent to end at 2,727.21 points. Turnover was 123.2 million euros.

The market has been trying to consolidate after breaking through key resistance at 2,640 points last week.

The FTSE/ASE-20 index for blue chip and heavily traded stocks ended 1.89 percent higher; the FTSE/ASE-40 for medium capitalisation paper 1.36 percent up; and the FTSE/ASE-80 for small cap equities gained 2.56 percent.

Advancers led decliners at 270 to 63 with 44 issues remaining unchanged.

[05] Interior minister reports on immigrant registration process

Approximately 308,000 economic migrants have so far applied for legal residence in Greece under a recent law, Interior Minister Vasso Papandreou announced during a press conference on Tuesday, while this number is expected to rise to 330,000-340,000 when the application period ends on August 2.

She also announced that those without any of the documents accepted under the process would be allowed to make their application before the closing date and supply the necessary documents by September 7.

Those making the application will receive a temporary residence permit of six months in which to find employment and insurance coverage and must within this time supply a copy of their police record to receive a regular work and residence permit.

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