Business Briefs

Foreign currency receipts from the shipping industry totaled more than 140 billion euros in the decade 2000-2010, of which around 50 pct was rerouted abroad as shipping companies are paying for services offered by other countries while the Greek state failed to take the necessary measures to keep a larger part of this money within its borders, an annual report by the Association of Hellenic Shipowners said on Wednesday.
Culture & Tourism Minister Pavlos Geroulanos on Wednesday expressed his satisfaction over tourism trends so far this year. Speaking to the ANA-MPA, the Greek minister stressed that all significant markets for Greek tourism are moving higher, such as the UK, Germany, Italy, Russia, China and Turkey.

The composite index of the Athens Stock Exchange (ASE) lost 7.4 pct of its value in the January-May period this year, although specific shares managed to record gains of up to 200 pct in the same period.

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