General News
Meropi Kyriacou Honored as TNH Educator of the Year
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
ATHENS — The Greek economy is expected to contract by 10.5 pct this year and to grow by 4.8 pct in 2021, according to provisions included in the new state budget, which was tabled in Parliament by Finance Minister Christos Staikouras on Friday.
The 2021 budget envisages that the primary deficit will reach 7.2 pct of GDP this year (11.760 billion euros), falling to 3.9 pct of GDP (6.67 billion) in 2021, while the public debt is expected to reach 208.9 pct of GDP falling to 199.6 pct of GDP in 2021. The unemployment rate is projected to rise to 18.9 pct in 2020, from 17.3 pct in 2019 and to fall to 17.9 pct of the workforce in 2021.
The state budget also envisages that government support measures for enterprises and workers will soar to 31.4 billion euros (23.9 billion this year and 7.5 billion 2021). These measures will have a positive impact on real GDP of around 7.0 percentage points in 2020, of which 3.3 percentage points in the fourth quarter of the year. Private investments are projected to jump by 23.2 pct in 2021 after falling by 14.3 pct this year, while harmonised inflation rate will return to positive ground (0.6 pct) in 2021 from -1.1 pct on average in 2020.
Tax revenues are projected to grow to 47.8 billion euros in 2021 after shrinking to 44.2 billion this year, while budget spending will remain at very high levels (67.2 billion euros) in 2021 from 69.3 billion this year.
NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.
MELBOURNE, Australia (AP) — More than 100 long-finned pilot whales that beached on the western Australian coast Thursday have returned to sea, while 29 died on the shore, officials said.
"How did you find Greece?" a friend asked me, after my recent return to New York from a trip there.
On Monday, April 22, 2024, history was being written in a Manhattan courtroom.
PARIS - With heavy security set for the 2024 Paris Olympic Games during a time of terrorism, France has asked to use a Greek air defense system as well although talks are said to have been going on for months.
PARIS (AP) — Paris has a new king of the crusty baguette.