Mr. Alexakis expresses his disappointment over the CSE announcement
26/10/2002 0:02
-“There are many inaccuracies,” he stated to SW
The President of Athens Stock Exchange, Panayiotis Alexakis, is to send a letter to the CSE president by next Tuesday in order to restore the truth concerning the cooperation between the stock exchanges of Athens, Israel and Istanbul.
Mr. Alexakis – on his statements to SW – expressed his discontent over the CSE announcement, which – according to him – “contains many inaccuracies”.
The President of Athens Stock Exchange stated that the creation of the new index between Greece, Cyprus and Israel is a fact and he clarified that the recent developments with the Turkish Stock Exchange are not related to the creation of the Mediterranean Index (FTSE/Med100), as mentioned in the CSE’s announcement. He went on further saying that the aforementioned developments are absolutely not associated with Greece’s commitment to Cyprus over cooperation in the Southeast Mediterranean.
Furthermore, Mr. Alexakis denied the statements in the announcement that “he had informed the CSE that Istanbul Stock Exchange refused to participate in the same Index as Cyprus and proposed the creation of another index that will include the rest of the countries, approved by Athens and Israel”.
Mr. Alexakis stressed to SW that he is particularly offended and disappointed over CSE’s statements that he would prefer to serve Turkey’s interests rather than Cyprus.
Finally, according to ASE’s president, there is indeed cooperation between the Greek and the Turkish Stock Exchange, however, this only concerns “cross transactions between the members of the Stock Exchanges”, while the issue of a common index was brought up by stockbrokers.
The President of Athens Stock Exchange, Panayiotis Alexakis, is to send a letter to the CSE president by next Tuesday in order to restore the truth concerning the cooperation between the stock exchanges of Athens, Israel and Istanbul.
Mr. Alexakis – on his statements to SW – expressed his discontent over the CSE announcement, which – according to him – “contains many inaccuracies”.
The President of Athens Stock Exchange stated that the creation of the new index between Greece, Cyprus and Israel is a fact and he clarified that the recent developments with the Turkish Stock Exchange are not related to the creation of the Mediterranean Index (FTSE/Med100), as mentioned in the CSE’s announcement. He went on further saying that the aforementioned developments are absolutely not associated with Greece’s commitment to Cyprus over cooperation in the Southeast Mediterranean.
Furthermore, Mr. Alexakis denied the statements in the announcement that “he had informed the CSE that Istanbul Stock Exchange refused to participate in the same Index as Cyprus and proposed the creation of another index that will include the rest of the countries, approved by Athens and Israel”.
Mr. Alexakis stressed to SW that he is particularly offended and disappointed over CSE’s statements that he would prefer to serve Turkey’s interests rather than Cyprus.
Finally, according to ASE’s president, there is indeed cooperation between the Greek and the Turkish Stock Exchange, however, this only concerns “cross transactions between the members of the Stock Exchanges”, while the issue of a common index was brought up by stockbrokers.
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