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.
An Austrian man who bought 35,000 euros ($40,906) in Greek bonds that were devalued 74 percent in 2012 – nearly wiping out many in the Diaspora who invested too – can’t sue Greece in his home country, an adviser to the European Court of Justice said.
The court was sent the case by the EU after Leo Kuhn first tried to sue Greece after the bond exchange program brought by then-Greek Finance Minister Evangelos Venizelos in a failed bid to slow Greece’s rising debt.
His lawyers argued that under EU rules, he had the right to sue Greek authorities in Austria because the deal was a “civil and commercial matter” for which special rules applied, the news agency Reuters said.
Advocate General Yves Bot said this was not the case, as the forced exchange of bonds had happened in exceptional circumstances in which Greece faced default and the stability of the Eurozone was at stake and essentially that investors didn’t matter no matter how severe their losses.
“Such a case is not a ‘civil or commercial’ matter for the purposes of that regulation,” said the Advocate General, whose views are not binding but are usually followed by the court.
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.
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.
WASHINGTON (AP) — A tiny Philip Morris product called Zyn has been making big headlines, sparking debate about whether new nicotine-based alternatives intended for adults may be catching on with underage teens and adolescents.