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Economy

Aegean Airlines to Use More Funds in Moving Capital This Year

ATHENS — Aegean Airlines on Wednesday said it has partially changed the use of capital raised from a 200-million-euro bond loan with the aim of boosting its moving capital by the end of 2021.

More specifically, the Greek carrier said that following a decision of the assembly of bondholders in March 30, 2021, the company signed a contract amending the terms of the common bond loan, including a partial change of the use of capital raised.

The assembly decided that 14 pct of the capital raised from the bond loan would be used to cover the company's needs for moving capital instead of funding part of the construction of a training center and offices in the Athens International Airport.

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PM Kyriakos Mitsotakis’ Address to the Joint Session of the U.S. Congress

WASHINGOTN - The full text of Prime Minister Kyriakos Mitsotakis’ speech to the Joint Session of the US Congress is as follows: Madam Speaker, Madam Vice President, Honorable Members of the United States Congress, Ladies and Gentlemen, There is no greater honor for the elected leader of the people who created democracy than to address the elected representatives of the people who founded their country on the Greek model and have promoted and defended democratic values ever since.

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